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1729 Ridge Avenue

PHILADELPHIA, PA 19130
  • $799,000
  • STATUS: Active
  • ON SITE: 96 Days
  • ID#: PAPH2207832
Foreclosure
UPDATED: 21 min ago
$799,000
  • 0
    BEDS
  • 0.03
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1900
County:

School Ratings & Info

Description

1729 Ridge Avenue is a 3-unit mixed-use building consists of a ground-floor commercial space and two residential units above. The apartments were recently updated to include new flooring, kitchen, bathrooms and systems. All units are separately metered and tenants pay utilities. The commercial space is ideal for an owner-occupant business. The property runs block-to-block from Ridge Avenue to Cambridge Street with exclusive rear access to residential units. The property which sits in a Qualified Opportunity Zone (QOZ) is centrally located between Fairmount, Girard College and Temple University. Located in Francisville along the rapidly developing Ridge Avenue corridor, this makes a great buy and hold for an investor or owner/user.

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©2023 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or Keller Williams Real Estate. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2023-06-04T13:51:56.217.
www.yourchestercountyhomesearch.com/homes/137299773
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1729 Ridge Avenue PHILADELPHIA, PA 19130

  • Price: $799,000
  • Status: Active
  • On Site: 96 Days
  • Updated: 21 min ago
  • ID#: PAPH2207832
0
Beds
0
Baths
0
½ Baths
0.03
Acres
1900
Built
Neighborhood:
Francisville
County:
Philadelphia
Area:
19130 (19130)
School District:
The School District Of Philadelphia
Property Description
1729 Ridge Avenue is a 3-unit mixed-use building consists of a ground-floor commercial space and two residential units above. The apartments were recently updated to include new flooring, kitchen, bathrooms and systems. All units are separately metered and tenants pay utilities. The commercial space is ideal for an owner-occupant business. The property runs block-to-block from Ridge Avenue to Cambridge Street with exclusive rear access to residential units. The property which sits in a Qualified Opportunity Zone (QOZ) is centrally located between Fairmount, Girard College and Temple University. Located in Francisville along the rapidly developing Ridge Avenue corridor, this makes a great buy and hold for an investor or owner/user.
Exterior Features

Construction Materials Masonry Garage YN No Location Type Urban Parking Types None Riparian Rights YN No Road Responsibility City/County Road Surface Type Black Top Roof Flat Water Access YN No Water Oriented YN No Water View YN No Waterfront YN No

Interior Features

Building Area Total 3181.00 Cooling Central A/C Flooring HardwoodCeramic Tile Heating Forced AirHeat Pump(S) Heating YN Yes Net Square Feet 3181.00

Property Features

Accessibility Features None Assessment Year 2023 Business Type Apartment BuildingHair Salon And SpaMedicalOther/General RetailProfessionalRestaurant/BarOther Central Air YN Yes Cooling Fuel Electric Cross Street Cambridge Electric Expense 600.00 Heating Fuel Electric Hot Water Electric Insurance Expense 2952.00 Lease Considered YN Yes Municipality Philadelphia Navigable Water YN N Net Operating Income 48867.00 New Construction YN No Number Of Units Total 3 Operating Expense 17481.00 Original MLSNumber 802179212914 Ownership Interest Fee Simple Possession Immediate Property Sub Type Mixed Use Sale Type Reo (Real Estate Owned) Sewer Public Sewer Tax Annual Amount 6539.00 Tax Assessment Amount 467200.00 Tax Lot 95 Total Actual Rent 68400.00 Trash Expense 500.00 Vacation Rental YN No Water Source Public Year Built Effective 2017 Zoning Cmx25

Listing courtesy of Mallin Panchelli Nadel Realty Inc: .


©2023 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or Keller Williams Real Estate. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2023-06-04T13:51:56.217.
 
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