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1604 Ridge Ave

Philadelphia PA 19130

2899 sq. ft.
1466 sq. ft.
Duplex
Currently for sale - view listing

Overview

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.

Features

2899 sq. ft. floor area
1466 sq. ft. lot size
Duplex

Property history for 1604 Ridge Ave

2014
Sold
Undisclosed
21 Jul 2014 by Bryant Jones, of Keller Williams Philadelphia

Happy sellers in Philadelphia

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We have insufficient information to provide an overview of customer satisfaction for Philadelphia. Viewing the agent profiles, reviews and sales for Philadelphia can provide insights for this location.

Local market activity for duplexes in Philadelphia

In the last 12 months, 27 duplexes similar to 1604 Ridge Ave, have been sold.

This represents a 29% increase in duplexes sales when compared to the previous 12 months.

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