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 Commercial

Listing Status Sold

Purchase Type For Sale

Subdivision Francisville

MLS Listing ID 1000427763

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 0.05

Lot Dimensions 54X84

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

Interior

Fireplace N

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 Other

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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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