907 Leland St, PHILADELPHIA
$2,600,000 - 10,932 Sf
MLS® # PAPH2465450
1654 Ridge Ave, PHILADELPHIA
$2,399,999
0 Beds
0 Baths
6,000 Sqft
.05 Acres
0 Garages
1654 Ridge presents a turnkey 7-unit investment opportunity along the bustling Ridge Avenue corridor in Philadelphia, Pennsylvania. Acquire this boutique apartment building in a Top-10 USA MSA with the benefit of a 10yr tax abatement (expiring 2028), minimal OPEX and 10% rental upside based on market comparables. The apartments are spaciously configured with a mixture of four (4) 1bdx1ba units, two (2) 3bdx3.5ba penthouse units, and operational ground floor commercial space. Anchored on a highly visible corner lot in Francisville, this prime multifamily asset commands attention with its prominent height and curb appeal. Private balconies + roofdecks (+common roofdeck) provide outdoor enjoyment for tenants — and panoramic downtown Philly 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. Tenant occupied (48hr notice to tour). Enquire within for pro forma financials and building plans.
Essential Information
MLS® #PAPH2475460
Price$2,399,999
Bathrooms0.00
Square Footage6,000
Acres0.05
Year Built2018
TypeCommercial Sale
Sub-TypeFive Or More Units
StatusActive
Community Information
Address1654 Ridge Ave
Area19130
SubdivisionFRANCISVILLE
CityPHILADELPHIA
CountyPHILADELPHIA-PA
StatePA
MunicipalityPHILADELPHIA
Zip Code19130
Amenities
ViewCity
Interior
HeatingCentral
CoolingCentral A/C
# of Stories4
Exterior
Lot DescriptionCorner Lot
RoofFiberglass
School Information
DistrictPHILADELPHIA CITY
Additional Information
ZoningCMX25
Listing Details
OfficeKeller Williams Liberty Place
Office Contact6093995454
Property History
Status Changed from Coming Soon to Active
LISTING MAP
Properties for Sale Similar to 1654 Ridge Ave, PHILADELPHIA, PA
© 2019 BRIGHT, All Rights Reserved. Information deemed reliable but not guaranteed. The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which The Verdant Companies participates, and is provided by BRIGHT through a licensing agreement.Real estate listings held by brokerage firms other than The Verdant Companies are marked with the IDX logo and detailed information about each listing includes the name of the listing broker.The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.Some properties which appear for sale on this website may no longer be available because they are under contract, have Closed or are no longer being offered for sale. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. All listing information copyright Bright 2025.
Listing information last updated on May 22nd, 2025 at 5:46pm EDT.
