1614 Ridge Ave | Philadelphia, PA 19130
This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
1614 Ridge Ave
Philadelphia, PA 19130
Three-unit Investment property · Multifamily Property For Sale · 3 Units
INVESTMENT HIGHLIGHTS
- Situated in the vibrant Francisville/Fairmount area, just off North Broad Street, near the intersection of Ridge and 16th.
- The first floor is currently rented to a long-standing salon, providing immediate rental income with potential for diverse commercial use.
- The entire building was extensively renovated in 2019-2020, including new flooring, roof, electrical, plumbing, and mini-split AC units.
- Just under 3,000 sq. ft., with approximately 1,000 sq. ft. on each level, offering a versatile layout for various uses.
- The 2nd and 3rd floors feature large 1-bedroom apartments with hardwood floors, updated kitchens and bathrooms, and in-unit washers and dryers.
- All utilities are separate, and electric systems have been upgraded, offering efficiency and reduced management hassles.
PROPERTY FACTS
| No. Units | 3 | Lot Size | 0.03 AC |
| Property Type | Multifamily | Building Size | 8,060 SF |
| Property Subtype | Number of Floors | 3 | |
| Apartment Style | Low-Rise | Year Built/Renovated | 1920/2020 |
| Building Class | C |
| No. Units | 3 |
| Property Type | Multifamily |
| Property Subtype | |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.03 AC |
| Building Size | 8,060 SF |
| Number of Floors | 3 |
| Year Built/Renovated | 1920/2020 |
PROPERTY TAXES
| Parcel Number | 871088150 | Improvements Assessment | £240,834 |
| Land Assessment | £60,208 | Total Assessment | £301,042 |
PROPERTY TAXES
Parcel Number
871088150
Land Assessment
£60,208
Improvements Assessment
£240,834
Total Assessment
£301,042
ZONING
| Zoning Code | CMX-2.5 (primarily intended to accommodate active, pedestrian-friendly retail and service uses in commercial nodes and along commercial corridors) |
| CMX-2.5 (primarily intended to accommodate active, pedestrian-friendly retail and service uses in commercial nodes and along commercial corridors) |
1 of 1
VIDEOS
3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
