Philadelphia, PA 19130,1534-38 RIDGE AVE

$565,000

$650,000

13.1%
Est.Price: ?

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Est. payment /mo

2,121 Sqft Lot


SOLD DATE : 10/13/2017

Key Details

Sold Price $565,000

Property Type Vacant Land

Listing Status Sold

Purchase Type For Sale

Subdivision Francisville

MLS Listing ID 1000427721

Sold Date 10/13/17

HOA Y/N N

Originating Board TREND

Annual Tax Amount $557

Tax Year 2017

Lot Size 2,121 Sqft

Acres 0.04

Lot Dimensions 54X84, LotWidth:54 X LotDepth:84

Property Description

Excellent portfolio investment opportunity in Francisville. Shovel ready lot. Bid set is available and structural and geo-technical engineering are completed. Customize this 5 story building with 8 residential units and a dynamic commercial space, to start reaping the benefits immediately of one of the fastest growing neighborhood's in Philadelphia. Project has the potential of producing over $180,000 worth of rental income a year. Sale includes 1534 & 1538 Ridge Avenue. Tax ID #'s 885142120 & 885778760.

Location

State PA

County Philadelphia

Area 19130 (19130)

Zoning CMX2

Rooms

Other Rooms Primary Bedroom

Exterior

Waterfront N

Water Access N

Parking Type None

Garage N

Building

Sewer Public Sewer

Water Public

New Construction N

Schools

School District The School District Of Philadelphia

Others

Tax ID 885778760

Ownership Fee Simple

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Bright MLS (BMLS)
Listed by Jonathan B. Barach • BHHS Fox & Roach-Center City Walnut
Bought with Colin J Conway • KW Philly
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7466 New Ridge Road Suite 1, Hanover, MD, 21076

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