1540-42 RIDGE AVE, Philadelphia, PA 19130
1540-42 RIDGE AVE, Philadelphia, PA 19130
1540-42 RIDGE AVE, Philadelphia, PA 19130
1540-42 RIDGE AVE, Philadelphia, PA 19130
1540-42 RIDGE AVE, Philadelphia, PA 19130
1540-42 RIDGE AVE, Philadelphia, PA 19130
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Listed by Bob Kiziroglou • Howard Hanna Real Estate Services
$ 2,600,000
Est. payment | /mo

10,500 SqFt


Save
$ 2,600,000
Est. payment | /mo
Save

10,500 SqFt

Key Details

Property Type Multi-Family

Sub Type Other

Listing Status Active

Purchase Type For Sale

Square Footage 10,500 sqft

Price per Sqft $247

Subdivision Francisville

MLS Listing ID PAPH2596386

Style Contemporary

Abv Grd Liv Area 10,500

Year Built 2019

Annual Tax Amount $1,701

Tax Year 2020

Lot Size 2,017 Sqft

Acres 0.05

Property Sub-Type Other

Source BRIGHT

Property Description

PRIME INVESTMENT OPPORTUNITY!
We are proud to present 1540 Ridge Avenue:
* 8 one bedroom apartments with two of these units being penthouse units with private roof deck access
* 2 Ground Floor Commercial Spaces
* 100% stabilized property
* Tax abated building (4+ years left on the tax abatement)
* Stainless Steel Appliances, Washer and Dryer in every unit, quartz countertops
* Elevator building
* Located in the heart of booming Francisville
* A short walk to SEPTA Girard/Broad St Station, The Met Philadelphia, along with coffee shops, restaurants, gyms and many other retailers.
* The Francisville neighborhood is popular among renters due to its proximity to Center City and Temple University.
Please reach out for additional information and financials.

Location

State PA

County Philadelphia

Area 19130 (19130)

Zoning CMX25

Interior

Interior Features Combination Kitchen/Living, Floor Plan - Open, Kitchen - Island, Recessed Lighting, Sprinkler System, Window Treatments

Hot Water Electric

Heating Central

Cooling Central A/C

Equipment Built-In Microwave, Dishwasher, Disposal, Dryer, Energy Efficient Appliances, Oven - Single, Refrigerator, Stainless Steel Appliances, Washer, Water Heater

Appliance Built-In Microwave, Dishwasher, Disposal, Dryer, Energy Efficient Appliances, Oven - Single, Refrigerator, Stainless Steel Appliances, Washer, Water Heater

Heat Source Electric

Exterior

Water Access N

Accessibility Elevator

Garage N

Building

Above Ground Finished SqFt 10500

Sewer On Site Septic

Water Public

Architectural Style Contemporary

Additional Building Above Grade

New Construction Y

Schools

School District The School District Of Philadelphia

Others

Tax ID 881442499

Ownership Fee Simple

SqFt Source 10500

Security Features Fire Detection System,Exterior Cameras,Carbon Monoxide Detector(s),Main Entrance Lock,Motion Detectors,Non-Monitored,Smoke Detector,Sprinkler System - Indoor

Special Listing Condition Standard

Bright MLS (BMLS)

NEARBY SCHOOL & BUSINESS

Reamie Tabin
Reamie Tabin

Team Lead | License ID: 0225241654

+1(757) 828-8035 | reamie.tabin@exprealty.com

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1540-42 RIDGE AVE