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1604 RIDGE AVENUE - COMMERCIAL/RESIDENTIAL 1604 Ridge Ave 3 Unit Apartment Building $977,144 CAD ($325,715 CAD/Unit) Philadelphia, PA 19130

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INVESTMENT HIGHLIGHTS

Good foot traffic, excellent location to Broad Street, Temple University and Fairmount Avenue

EXECUTIVE SUMMARY

**FRANCISVILLE COMMERCIAL BUILDING WITH 2 APARTMENTS IN GREAT CONDITION**The 1st Floor Commercial space has a remote security door and is complete with high ceilings, custom reception area, big open floor plan, modern kitchen, convenient restroom and a spacious bonus room for storage, office or whatever you envision. Basement access is interior via the first floor, includes Bilco doors from exterior and houses the mechanicals. There is a separate entrance for the residential units. Unit 2 is occupied paying $1,350 per month. Unit 3 is vacant. Both units feature engineered wood flooring, bedroom carpeting, modern kitchens, modern 3-piece bathrooms with sleek tile and vanities, ductless heating/cooling and convenient individual hallway laundry on each floor. This is a great location for the condition and price. The close proximity to Broad Street, Temple University, Center City and Fairmount Avenue can't be beat. Schedule your showing today or call for a private tour.

1604 RIDGE AVENUE COMMERCIAL INFO SHEET

PROPERTY FACTS

Price	$977,144 CAD	Building Class	C
Price Per Unit	$325,715 CAD	Lot Size	0.03 AC
Sale Type	Investment	Building Size	2,488 SF
No. Units	3	Average Occupancy	33%
Property Type	Multifamily	No. Stories	3
Property Subtype	Apartment General Retail Storefront Retail/Residential Office Office Residential	Year Built	1930
Apartment Style	Low-Rise	Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning	CMX2.5 - Commercial Mixed Use allows for neighborhood-serving retail and service uses, as well as residential uses above the ground floor

Price	$977,144 CAD
Price Per Unit	$325,715 CAD
Sale Type	Investment
No. Units	3
Property Type	Multifamily
Property Subtype	Apartment General Retail Storefront Retail/Residential Office Office Residential
Apartment Style	Low-Rise
Building Class	C
Lot Size	0.03 AC
Building Size	2,488 SF
Average Occupancy	33%
No. Stories	3
Year Built	1930
Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning	CMX2.5 - Commercial Mixed Use allows for neighborhood-serving retail and service uses, as well as residential uses above the ground floor