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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
Property Taxes
| Parcel Number | 871088150 | Improvements Assessment | $312,240 |
| Land Assessment | $78,060 | Total Assessment | $390,300 |
Property Taxes
Parcel Number
871088150
Land Assessment
$78,060
Improvements Assessment
$312,240
Total Assessment
$390,300
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