$ 575,250
-
$575,250
Price -
6
Bed -
6
Bath -
3,350
SqFt
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About the Listing KWRLTYLP1 - 3342929
3339 Ridge Avenue, a cash-flowing triplex. This 3,100 sq. ft. multifamily property features three spacious 2-bedroom units, including Unit A with 2.5 baths. The building is fully sprinklered and includes an unfinished basement, offering additional storage or utility space. Current rents total $4,550/month, generating $54,600 in annual gross income. Based on current expenses, the property produces an estimated NOI of $49,378.09 and an approximate in-place cap rate of 8.37%. Property Highlights: • Triplex with three income-producing units • Current monthly rent: $4,550 • Annual gross income: $54,600 • Estimated NOI: $49,378.09 • cap rate: 8.37% • 3,100 sq. ft. A strong addition to any investor portfolio with solid in-place income and long-term rental upside.
Listing Highlights
Status
Active
Days on Site
26
Property Type
Multi-Family
MLS ®
PAPH2646186
Year Built
1915
Total Square Footage
3,350
Lot/Acreage
0.03
County
Philadelphia
Neighborhood
Strawberry Mansion
Area
19132 (19132)
School District
The School District Of Philadelphia
Interior Details
- Bedrooms: 6
- Bathrooms: 6 Full
- Appliances:
- Air Cond: Central A/C
- Heating: Central
- Fireplaces:
- Floor:
- Above Ground Sq Ft: 3350
- Below Ground Sq Ft: 0
- Basement:
- Other:
- Water: Public
Exterior Details
- Lot Description: Not New Construction,Horse Property: No
- Garage Capacity: N/A
- Lot Dimensions: 16.00 x 89.00
- Zoning: RM1
- Roof:
- Others: Bump-outs
- Sewer: Public Sewer
Financial Details
- Tax Amount: $921
- Taxes w/Assessments: N/A
- Tax/Property ID: N/A
- Tax Year: 2025
Payment Calculator
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Questions About..
3339 Ridge Ave Philadelphia, PA 19132
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