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5925-5927 Ridge Ave
Philadelphia, PA 19128
5925 - 5927 Ridge Ave · Multifamily Property For Sale
·
7 Units
PROPERTY FACTS
| No. Units | 7 | Building Size | 5,171 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 3 |
| Building Class | C | Year Built | 1920 |
| Lot Size | 0.12 AC | ||
| Zoning | CMX-2.5 | ||
| No. Units | 7 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Building Class | C |
| Lot Size | 0.12 AC |
| Building Size | 5,171 SF |
| Average Occupancy | 100% |
| No. Stories | 3 |
| Year Built | 1920 |
| Zoning | CMX-2.5 |
ABOUT 5925-5927 RIDGE AVE , PHILADELPHIA, PA 19128
Incredible development opportunity in the heart of Roxborough. This is a fully occupied, cash flowing property that sits on a large CMX 2.5 corner lot. The zoning, layout, and flexible leases present tremendous upside for a light value add, building an addition or creating an entirely new development that maximizes the by-right unit count. The current layout features two commercial and five residential units. The building sits in a prime Ridge Ave location on a corner lot in between Acme and Rite Aid and situated in the heart of the Roxborough commercial strip. Just blocks from neighborhood anchors like Starbucks, Manhattan Bagels, Primo Hoagies, Roxborough Memorial Hospital, and TD Bank. Just a quick shot to Main St Manayunk, the local train station boasting an 18 minute ride to Center City, and Wissahickon trails creates unlimited upside. This opportunity will not last. Make a move while rates are still at all-time lows!
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| Studios | 2 | - | 1,300 |
| 1+1 | 5 | - | - |
PROPERTY TAXES
| Parcel Number | 871280750 | Improvements Assessment | $397,920 |
| Land Assessment | $99,480 | Total Assessment | $497,400 |
PROPERTY TAXES
