1604 Ridge Avenue
Philadelphia, PA 19130
- – beds
- – baths
- 2,899 sqft
- 1,466 sqft lot
- $254 per sqft
- 1920 build
Welcome to 1604 Ridge Avenue, where the potential for investment opportunity is vast!!! This Franciville/Fairmount area property, boasting just under 3,000 square feet of space, is just 2 blocks west of North Broad Street and the Avenue of the Arts North, walkable to places like The Met Philadelphia, as well as SOUTH, Osteria and many other restaurants, and is located in the center of a bustling cultural hub with new condos, original homes and commercial corridors alike. The property presents an unparalleled opportunity for savvy investors seeking substantial returns. This property boasts a diverse mix of commercial and residential spaces, ensuring a steady stream of income that promises to maximize your ROI. The possibility of owner occupancy for the commercial unit is also a consideration. All tenants will remain in place if buyer choices Whether through rebranding, or strategic leasing, there are numerous avenues to further capitalize on this property and unlock its full ROI potential. Commercial unit is approximately 1000sqft. Upgrades and rehab through -out were done 2020/2021. Please see the P &L located in documents.
Last checked:
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Last updated Nov 1, 2024
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MLS# PAPH2368412 —
The Building
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Year Built:1920
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Year Built Source:Assessor
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New Construction:No
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Construction Materials:Masonry
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Structure Type:Interior Row/Townhouse
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Architectural Style:Straight Thru
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Building Units Total:3
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Accessibility Features:None
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Foundation Details:Block, Concrete Perimeter
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Total SqFt Source:Assessor
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Total Below Grade SqFt Source:Assessor
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Tax Total Finished SqFt:2899
Interior
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Fireplace:No
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Living Area SqFt Source:Assessor
Room Dimensions
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Total SqFt:2899
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Living Area SqFt:2,899 Sqft
Financial & Terms
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Sale Type:Standard
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Possession:0-30 Days CD
Location
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Directions:Please Us GPS
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Latitude:39.96914700
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Longitude:-75.16360500
The Property
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Property Type:Multi-Family
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Property Subtype:Triplex
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Lot Size Units:Square Feet
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Lot Size Acres:0.03
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Lot Size Source:Assessor
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Lot Size Dimensions:19.00 x 76.00
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Lot Dimensions Source:Assessor
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Lot SqFt:1,466 Sqft
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Zoning:CMX25
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Other Structures:Above Grade, Below Grade
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Water View:No
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Waterfront:No
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Water Oriented:No
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Water Access:No
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Navigable Water:No
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Tidal Water:No
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Land Use Code:Y50
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Riparian Rights:No
Listing Agent
- Contact info:
- Agent phone:
- (856) 381-7884
- Office phone:
- (215) 763-2100
Taxes
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Tax ID Number:871088150
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Tax Year:2024
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Tax Lot:102
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Tax Annual Amount:$4,437
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Tax Assessed Value:$317,000
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Year Assessed:2024
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School Tax:2484.0
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City/Town Tax:1952.00
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Total Taxes Payment Frequency:Annually
Heating & Cooling
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Cooling Type:Central A/C, Ductless/Mini-Split
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Central Air:Yes
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Cooling Fuel:Electric
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Heating:Yes
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Heating Type:90% Forced Air
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Heating Fuel:Natural Gas
Utilities
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Sewer/Septic:Public Sewer
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Hot Water:Electric
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Water Source:Public
Schools
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School District Name:The School District Of Philadelphia
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School District Source:Listing Agent
The Community
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Pool:No Pool
Parking
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Garage:No
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Type of Parking:On Street
Extra Units
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Vacation Rental:No
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One Bedroom Units:2
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Max Internet Speed
Provided by BroadbandNow®
This is the maximum advertised internet speed available for this home. Under 10 Mbps is in the slower range, and anything above 30 Mbps is considered fast. For heavier internet users, some plans allow for more than 100 Mbps.
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
11/1/24
Nov 1, 2024
|
Price Changed | BRIGHT | $739,000 | -8.8% |
|
9/23/24
Sep 23, 2024
|
Price Changed | BRIGHT | $810,000 | -12.4% |
|
9/13/24
Sep 13, 2024
|
Price Changed | BRIGHT | $925,000 | -2.6% |
