For Sale

Listed by Ryan McManus from Compass Pennsylvania, LLC

Source: Bright MLS #PAPH2310294

61626 Ridge Avenue, Philadelphia, PA, 19128

$3,900,000

12
12600 sq. ft.
6547 sq. ft.

Other

30+ days on the market

What's around 61626 Ridge Avenue

About this property

Supremely located, cash flowing, 12-unit asset in the Roxborough neighborhood of Northwest Philly. Two (2) commercial spaces (national medical chain and local favorite culinary destination) and ten (10) apartments on a commanding corner intersection along the Ridge Avenue thriving commercial corridor. Ideal for 1031 exchange. This boutique multifamily offering represents one of the most prime properties available for sale in the Philadelphia real estate market. Rents are approximately 15% below market; new ownership can capture loss-to-lease without performing any renovation/capital upgrades. 6.37% pro forma cap rate. Blue-chip investment. Amenities abound @ Ridge and Krams ? breweries, pocket parks, cafes, restaurants and shops line the avenue for miles in this "city suburban" beloved location. Ten (10) apartments atop two (2) essential ground floor retail businesses with long term leases provides commercial cash flow certainty and residential rental recapture upside.

Looking for more information on 61626 Ridge Avenue?

Explore comparables, sales history and growth for this property.
Learn more

Other properties for sale by Compass Pennsylvania, LLC

For Sale
$399,000
35/756 Street Rd
Bucks County PA 18966
2
2
1
Condo
Listing courtesy of Compass Pennsylvania, LLC
Pending
$695,900
103 Sassafras Drive
Montgomeryville PA 19454
4
3
1
Single-Family
Listing courtesy of Compass Pennsylvania, LLC
Under Contract
$450,000
120 Harry Road
Eagleville PA 19403
3
2
4
Single-Family
Listing courtesy of Compass Pennsylvania, LLC

Browse properties sold in nearby areas

The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which Compass Pennsylvania, LLC participates, and is provided by BRIGHT through a licensing agreement. The information provided by this website is for the personal, non-commercial use of consumers 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 on this website may no longer be available because they are under contract, have closed or are no longer being offered for sale. Information Deemed Reliable But Not Guaranteed. Copyright © 2026 Bright MLS. All rights reserved.

The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the "DMCA") provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under MLS GRID IDX Rules Updated September 16, 2024 7 U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked. Notices must be sent in writing by email to: dmca@ratemyagent.com

The DMCA requires that your notice of alleged copyright infringement include the following information: (1) description of the copyrighted work that is the subject of claimed infringement; (2) description of the alleged infringing content and information sufficient to permit us to locate the content; (3) contact information for you, including your address, telephone number and email address; (4) a statement by you that you have a good faith belief that the content in the manner complained of is not authorized by the copyright owner, or its agent, or by the operation of any law; (5) a statement by you, signed under penalty of perjury, that the information in the notification is accurate and that you have the authority to enforce the copyrights that are claimed to be infringed; and (6) a physical or electronic signature of the copyright owner or a person authorized to act on the copyright owner's behalf. Failure to include all of the above information may result in the delay of the processing of your complaint.

Email
© 2026 RateMyAgent