2409 W Ridge Ave, Philadelphia, PA 19121

$1,170,000

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List Price
$1,170,000
Days on Market
6
Status
ACTIVE
MLS#
PAPH2666930
Lot Size (Acres)
0.15
Year Built
2020
County
Philadelphia
School District
The School District Of Philadelphia

Property Description

Two Properties- 2409 Ridge Ave, Triplex & 2404 W Montgomery Ave Duplex A standout opportunity to own two separate newer-construction buildings being sold together at 2409 Ridge Avenue and 2404 W. Montgomery Avenue. Built just five years ago, this unique five-unit offering includes a triplex on Ridge Avenue and a duplex on Montgomery Avenue, with approximately five years remaining on the Philadelphia tax abatement. The property consists of four 2-bedroom, 2-bath residences and one impressive 3-bedroom, 3-bath residence, with only one of the five units currently vacant. Inside, the residences feature high-end modern finishes, huge windows, expansive living spaces, high ceilings, oversized kitchens, gas cooking, and full-size laundry. Every unit is equipped with Nest thermostats, wired intercom/security systems, and built-in speaker wiring, bringing smart-home convenience throughout the property, including a penthouse with a massive private roof deck and Center City views, plus another spectacular roof deck serving the Montgomery Avenue building. Outdoor space, dramatic windows, and thoughtful layouts give these apartments the kind of features that consistently stand out in the rental market. Located near Temple University, Center City, Brewerytown, Sharswood, and Philadelphia's historic attractions, this is a rare chance to acquire a mostly occupied, newer-construction five-unit investment spread across two completely separate buildings. Both properties are being sold together.

Additional Information

Area
19121 (19121)
Subdivision
Brewerytown
Taxes
$807
School District
The School District Of Philadelphia
Heating
Central
Heating Fuel
Natural Gas
Cooling
Central A/C
Water
Public
Sewer
Public Sewer
Basement
Yes

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Calculator source: Real Geeks

Listing courtesy of Mercury Real Estate Group. Contact: (215) 462-5100