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$5,700,000
16 Days On Site

1723 RIDGE AVENUE
PHILADELPHIA, PA 19130

For Sale|Commercial Sale|Active
0
Beds
0
Total Baths
16,250
SqFt
$351
/SqFt
2022
Built
Subdivision:
FRANCISVILLE
County:
PHILADELPHIA
Listing courtesy of Keller Williams Liberty Place

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1723 RIDGE AVENUE1723 RIDGE AVENUE1723 RIDGE AVENUE1723 RIDGE AVENUE
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Prime on Ridge presents a turnkey 15-unit investment opportunity along the bustling Ridge Avenue corridor in Philadelphia, Pennsylvania. Acquire this —16,250 SF, 5-storey, boutique luxury apartment building in a Top-10 USA MSA with the benefit of a 10yr tax abatement (expiring 2032), minimal OPEX and ±15% rental upside based on market comps. These designer apartments are professionally built (2022 vintage) with an even mixture of seven (7) 1bd units and seven (7) 2bd units atop ground floor commercial space. Anchored on a highly visible block in Francisville (19130), this superior multifamily asset commands attention within the renter pool with its exquisite curb appeal and luxury interiors. The panoramic rooftop terrace provides unparalleled city skyline views. Easy access into Fairmount, Center City, Museums District, North Broad District + more — a completely accessible location — walkable to all of the world-class urban attractions Philadelphia has to offer. Enquire within for pro forma financials and building plans.

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Listing Snapshot
Price 
$5,700,000
Days On Site 
16 Days
Bedrooms 
N/A
Inside Area (SqFt) 
16,250 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.09 Acres
Year Built 
2022
MLS® Number 
PAPH2484998
Status 
Active
Property Tax 
$4,728
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
Estimated
Friends & Family
Recent Activity
a week agoListing updated with changes from the MLS®
a week agoStatus changed to Active
2 weeks agoListing first seen on site
General Features
Acres 
0.09
Cross Street 
17TH ST
Foundation 
Concrete Perimeter
Number Of Stories 
5
Parking 
None
Sewer 
Public Sewer
Special Circumstances 
Standard
SqFt Total 
16250
Water Source 
Public
Zoning 
CMX25
Interior Features
Appliances 
Electric Water Heater
Cooling 
Central AirGas
Flooring 
Vinyl
Heating 
Natural GasCentral
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Exterior Features
Construction Details 
Brick
Roof 
Tile
View 
City
Waterview 
City
Community Features
Accessibility Features 
Accessible Elevator Installed
MLS Area 
19130 (19130)
School District 
PHILADELPHIA CITY
Schools
School District
PHILADELPHIA CITY
Elementary School
Unknown
Middle School
Unknown
High School
Unknown
Listing courtesy of Keller Williams Liberty Place



The real estate listing information is provided by Bright MLS is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing. Any information relating to real estate for sale or lease referenced on this web site comes from the Internet Data Exchange (IDX) program of the Bright MLS. This web site references real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. The accuracy of all information is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. Properties in listings may have been sold or may no longer be available. The data contained herein is copyrighted by Bright MLS and is protected by all applicable copyright laws. Any unauthorized collection or dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright © 2020 Bright MLS. All rights reserved.

Neighborhood & Commute
Source: Walkscore
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