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1540 Ridge Ave 10 Unit Apartment Building $3,694,366 CAD ($369,437 CAD/Unit) Philadelphia, PA 19130
Investment Highlights
- Elevator building
- Secured access building
- Walk score of 89
- Washer and dryer in every unit
- Short walk to public transportation
- Bike Score of 85
Executive Summary
PRIME INVESTMENT OPPORTUNITY!
We are proud to present 1540 Ridge Avenue:
* 8 one bedroom apartments with two of these units being penthouse units with private roof deck access
* 2 Ground Floor Commercial Spaces
* Tax abated building (4+ years left on the tax abatement)
* Stainless Steel Appliances, Washer and Dryer in every unit, quartz countertops
* Elevator building
* Located in the heart of booming Francisville
* A short walk to SEPTA Girard/Broad St Station, The Met Philadelphia, along with coffee shops, restaurants, gyms and many other retailers.
* The Francisville neighborhood is popular among renters due to its proximity to Center City and Temple University.
Please reach out for additional information and financials.
We are proud to present 1540 Ridge Avenue:
* 8 one bedroom apartments with two of these units being penthouse units with private roof deck access
* 2 Ground Floor Commercial Spaces
* Tax abated building (4+ years left on the tax abatement)
* Stainless Steel Appliances, Washer and Dryer in every unit, quartz countertops
* Elevator building
* Located in the heart of booming Francisville
* A short walk to SEPTA Girard/Broad St Station, The Met Philadelphia, along with coffee shops, restaurants, gyms and many other retailers.
* The Francisville neighborhood is popular among renters due to its proximity to Center City and Temple University.
Please reach out for additional information and financials.
Property Facts
| Price | $3,694,366 CAD | Building Class | B |
| Price Per Unit | $369,437 CAD | Lot Size | 0.05 AC |
| Sale Type | Investment | Building Size | 10,500 SF |
| No. Units | 10 | Average Occupancy | 100% |
| Property Type | Multifamily | No. Stories | 5 |
| Property Subtype | Apartment | Year Built | 2019 |
| Apartment Style | Mid-Rise | Opportunity Zone |
Yes
|
| Zoning | CMX-2.5 - commercial mixed-use, | ||
| Price | $3,694,366 CAD |
| Price Per Unit | $369,437 CAD |
| Sale Type | Investment |
| No. Units | 10 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Class | B |
| Lot Size | 0.05 AC |
| Building Size | 10,500 SF |
| Average Occupancy | 100% |
| No. Stories | 5 |
| Year Built | 2019 |
| Opportunity Zone |
Yes |
| Zoning | CMX-2.5 - commercial mixed-use, |
Amenities
Unit Amenities
- Air Conditioning
- Cable Ready
- Disposal
- Fireplace
- Washer/Dryer
- Heating
- Granite Countertops
- Hardwood Floors
- Refrigerator
- Oven
- Sprinkler System
- Stainless Steel Appliances
- Views
- Deck
- Intercom
- Island Kitchen
Site Amenities
- 24 Hour Access
- Controlled Access
- On-Site Retail
- Elevator
- Smoke Detector
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 8 | - | - |
1 1
Exceptionally walkable
100/100
Moderately drivable
70/100
Exceptional public transit
100/100
Moderately bikeable
60/100
Property Taxes
| Parcel Number | 881442499 | Improvements Assessment | $2,039,461 CAD |
| Land Assessment | $226,607 CAD | Total Assessment | $2,266,067 CAD |
Property Taxes
Parcel Number
881442499
Land Assessment
$226,607 CAD
Improvements Assessment
$2,039,461 CAD
Total Assessment
$2,266,067 CAD
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1540 Ridge Ave
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