1540 Ridge Ave - Apartments FOR SALE


Philadelphia, PA 19130- Fairmount-Art Museum
$2,600,000 USD
267-353-4123
1540 Ridge Ave, Philadelphia, PA for Sale
$2,600,000 USD
Apartments - FOR SALE
1/38
null | Request Cap Rate

1540 Ridge Ave
Philadelphia, PA 19130
Fairmount-Art Museum


HIGHLIGHTS

  • Elevator building
  • Washer and dryer in every unit
  • Secured access building
  • Short walk to public transportation
  • Walk score of 89
  • Bike Score of 85

OVERVIEW

PRIME INVESTMENT OPPORTUNITY! * We are proud to present 1540 Ridge Avenue: * 8 one bedroom apartments with two of these units being penthouse units with private roof deck access * 2 Ground Floor Commercial Spaces * Fully stabilized building (100% occupancy) * Tax abated building (4+ years left on the tax abatement) * Stainless Steel Appliances, Washer and Dryer in every unit, quartz countertops * Elevator building * Located in the heart of booming Francisville * A short walk to SEPTA Girard/Broad St Station, The Met Philadelphia, along with coffee shops, restaurants, gyms and many other retailers. * The Francisville neighborhood is popular among renters due to its proximity to Center City and Temple University. Please reach out for additional information and financials.

FOR SALE DETAILS

PRICE

$2,600,000 USD

PRICE/SF

$248 USD /SF

# OF UNITS

10

PRICE/UNIT

$260,000

CAP RATE

Request Cap Rate

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Mid-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

5

YEAR BUILT

2019

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.05 AC

LAND SF

2,178 SF

ZONING

CMX-2.5

APN/PARCEL ID

881442499

ASK ABOUT THIS PROPERTY

Bob KiziroglouLong & Foster Real Estate, Inc.More Info
267-353-4123

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Bob KiziroglouLong & Foster Real Estate, Inc.More Info
267-353-4123

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.