1632 N Sydenham St, PHILADELPHIA
$659,999 - 2,038 Sf
MLS® # PAPH2483496
2518 Ridge Ave, PHILADELPHIA
$600,000
0 Beds
0 Baths
3,004 Sqft
.02 Acres
0 Garages
Newer Construction Duplex – Prime Investment Opportunity with Strong Cash Flow
Don’t miss this excellent opportunity to own a high-performing newer construction duplex with strong rental income and low maintenance! Each spacious unit features 3 bedrooms and 3 full bathrooms, offering modern layouts perfect for tenants seeking comfort and convenience.
Both units are equipped with in-unit washer and dryer, and enjoy quality finishes throughout. The property currently generates $3,925 per month in rental income from stable, long-term tenants with a solid payment history—ideal for investors looking for steady cash flow from day one.
Additional highlights include:
5 years remaining on the tax abatement, significantly reducing operating expenses
Newer construction – minimal maintenance required
Tenants pay flat utility fee
High rental demand area with strong tenant retention
Whether you're an investor looking to expand your portfolio or a buyer seeking to live in one unit while renting the other, this is a turn-key property you won’t want to miss.
Essential Information
MLS® #PAPH2477770
Price$600,000
Bathrooms0.00
Square Footage3,004
Acres0.02
Year Built2020
TypeMulti-Family
Sub-TypeDuplex, Interior Row/Townhouse
StyleBilevel, Contemporary
StatusActive
Community Information
Address2518 Ridge Ave
Area19121
CityPHILADELPHIA
CountyPHILADELPHIA-PA
StatePA
MunicipalityPHILADELPHIA
Zip Code19121
Interior
HeatingForced Air
CoolingCentral A/C
Has BasementYes
BasementFully Finished
# of Stories3
Exterior
ExteriorBrick and Siding, Frame
Exterior FeaturesRoof Deck
RoofOther
FoundationPermanent
School Information
DistrictPHILADELPHIA CITY
Additional Information
ZoningRM1
Listing Details
OfficeHonest Real Estate
Office Contact(215) 904-6001
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Listing information last updated on May 21st, 2025 at 9:16am EDT.
