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7101 Ridge Ave
Philadelphia, PA 19128
Multifamily Property For Sale
·
3 Units


Executive Summary
Fully tenant-occupied triplex offering a strong, turnkey investment opportunity in a high-visibility Ridge Avenue location, directly across from Ivy Ridge Shopping Center. The property consists of two 1-bedroom units and one spacious 2-bedroom unit. Each unit features wood flooring throughout with ceramic tile bathrooms. Coin-operated laundry machines are conveniently located on the second floor and are included in the sale. Additional amenities include driveway parking for tenants. With consistent rental income, on-site laundry, and proximity to shopping, dining, and public transportation, this well-maintained multi-family property presents an excellent addition to any investment portfolio.
Property Facts Under Contract
| Price Per Unit | $250,398 CAD | Building Class | B |
| Sale Type | Investment | Lot Size | 0.09 AC |
| No. Units | 3 | Building Size | 2,695 SF |
| Property Type | Multifamily | No. Stories | 3 |
| Property Subtype | Apartment | Year Built | 1933 |
| Price Per Unit | $250,398 CAD |
| Sale Type | Investment |
| No. Units | 3 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Building Class | B |
| Lot Size | 0.09 AC |
| Building Size | 2,695 SF |
| No. Stories | 3 |
| Year Built | 1933 |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 2 | $1,794 CAD | - |
| 2+1 | 1 | $2,217 CAD | - |
Property Taxes
| Parcel Number | 871106100 | Improvements Assessment | $382,118 CAD |
| Land Assessment | $95,529 CAD | Total Assessment | $477,647 CAD |
Property Taxes
Parcel Number
871106100
Land Assessment
$95,529 CAD
Improvements Assessment
$382,118 CAD
Total Assessment
$477,647 CAD
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