Address
1604 Ridge Avenue Philadelphia, PA
Price
$ 799,000
Property Attributes
  • MLS#PAPH1000462
  • TypeMulti-Family
  • CountyPHILADELPHIA
  • CityPhiladelphia
  • Area19130
  • Zip19130
  • StyleTraditional
  • Year Built1920
  • Taxes2436
  • Price$ 799,000
  • Bedrooms2
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size1,307 SqFt
Listing Provided Courtesy Of:
Realty Mark Associates-CC
Data Source:
Bright MLS
Property Description

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. This mixed-use property, zoned CMX2, has a commercial space on the 1st floor, currently a hair salon just under 1,000 sq feet (989). From the 1st floor space you can access the basement, a rear yard area, and there is a staircase toward the back of the 1st floor space that will take you up to a room, currently used for storage by the owner. This additional space has a full bathroom. Options for this 2nd floor space are plenty. It could be additional leasable space for a 1st floor tenant, or you could even expand the current 2nd floor apartment to make it even larger as a 2 or even 3 bedroom! Outside of the salon on the 1st floor, to the left is the door leading up to the 2 apartments upstairs. The 2nd floor consists of a beautifully renovated and spacious 1 bedroom apartment with open layout, stainless steel kitchen appliances and bathroom spacious enough to luxuriate in! Right outside of the 2nd floor apartment is the laundry closet exclusively for the 2nd floor tenant. The 2nd fl water heater is also in this closet. Walk through door at the rear of 2nd floor hallway to enter stairway to enter the space rented by the 3rd floor tenant. This stairway and hallway are exclusively for the 3rd floor apartment which is nearly identical to 2nd floor apartment, except the kitchen cabinets are a beautiful blue color. There is a laundry closet with water heater on the 3rd floor as well.

Price History
3/29/2021 Listed $799,000

General Features

Acceptable Financing Cash, Conventional
Accessibility Ramp - Main Level
Architectural Style Traditional, Other
Construction Materials Masonry
Cool Fuel Electric
Cooling Ductless/Mini-Split
County PHILADELPHIA
Days on Market 16
Garage Y/N No
Heating Forced Air, Radiant
High School District THE SCHOOL DISTRICT OF PHILADELPHIA
Historic Y/N No
MLS Area 19130 (19130)
New Construction No
Numberofunitsvacant 1
One Bedroom Units Count 2
Other Structures Above Grade, Below Grade
Ownership Fee Simple
Possession Immediate
Price Per Sq Ft 275.61
Property SubType Triplex
Property Type Multi-Family
Rent Control Y/N No
Roof Flat
Sewer Public Sewer
Structure Type Interior Row/Townhouse
Tax Annual Amount 2436.0
Tax Lot 102
Tax Year 2020
Total Units 3
Vacation Rental Y/N No
Water Access Y/N No
Zoning CMX2.

Interior Features

Basement Other
Basement Y/N Yes
Central Air Y/N No
Fireplace Y/N No
Heating Fuel Natural Gas
Heating Y/N Yes
Hot Water Natural Gas
Living Area 2899

Exterior Features

Lot Dimensions 19.27 x 76.12
Lot Size Acres 0.03
Lot Size Source Assessor
Lot Size Square Feet 1466.00
Navigable Water Y/N No
Pool Y/N No Pool
Type of Parking On Street
Water Oriented Y/N No
Water Source Public
Water View Y/N No
Waterfront Y/N No

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 19130

Price
AVG $700K
$800K
Taxes
AVG $4,939
$2,436
Visits
AVG 85
5
Year Built
AVG 1930
1920
Walkscore
AVG 88
89
Data Provided by Walkscore ® not using MLS data

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