$1,999,000
1805 Ridge Ave, Philadelphia, PA, 19130
6,260
Square feet
0.03
Acres
New Construction Offered at an 8.11% cap rate!!!! We are proud to present 1805 Ridge Avenue. This new construction 6 unit multifamily (5 residential and 1 commercial space) building comes with an approved FULL 10 YEAR TAX ABATMENT (fully abated 100% on the property /building assessment for the entire 10-year period) and 1 year builder warranty. Featuring a first floor commercial space, (1) studio apartment, (2) two bedroom, two full bathroom single floor apartments, and (2) two bedroom, two and a half bathroom bi-level apartments with private roof decks. Each apartment is finished with high-end quality finishes to attract and retain tenants. Located in the heart of Francisville, 4 blocks from The Divine Lorraine, short walk to public transportation (SEPTA Girard/Broad St Station), The Met Philadelphia, along with coffee shops and restaurants. The Fairmount/Francisville neighborhood is popular among renters due to its close proximity to Center City and Temple University and all the amenities that are walkable (supermarkets, coffee shops and restaurants, public transportation, entertainment venues and fitness studios). Reach out for more details and info.
Facts & Features
| MLS® # | PAPH2300168 |
|---|---|
| Price | $1,999,000 |
| Bathrooms | 0.00 |
| Square Footage | 6,260 |
| Acres | 0.03 |
| Year Built | 2023 |
| Type | Multi-Family |
| Sub-Type | Other, Other |
| Style | Contemporary |
| Status | Active |
Community Information
| Address | 1805 Ridge Ave |
|---|---|
| Area | 19130 |
| City | Philadelphia |
| County | PHILADELPHIA-PA |
| State | PA |
| Municipality | PHILADELPHIA |
| Zip Code | 19130 |
| Senior Community | No |
Amenities
| Amenities | Recessed Lighting, Sprinkler System |
|---|---|
| Is Waterfront | No |
Interior
| Interior Features | Floor Plan-Open |
|---|---|
| Appliances | Dishwasher, Energy Star Appliances, Microwave, Refrigerator, Oven-Single, Stainless Steel Appliances, Washer, Dryer |
| Heating | Central |
| Cooling | Central A/C |
| Has Basement | No |
| Fireplace | No |
Exterior
| Exterior | Combination |
|---|
School Information
| District | THE SCHOOL DISTRICT OF PHILADELPHIA |
|---|
Additional Information
| Date Listed | November 26th, 2023 |
|---|---|
| Days on Market | 155 |
| Zoning | CMX25 |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | Long & Foster Real Estate, Inc. |
|---|---|
| Contact Info | (610) 225-7440 |