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1723 Ridge Avenue, Philadelphia, PA 19130

$5,150,000
  • 1723 Ridge Avenue, Philadelphia, PA 19130 Main Photo

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ACTIVE
MLS#PAPH2484998
STATUSACTIVE PROPERTY TYPECommercial - SUBDIVISIONFRANCISVILLE SCHOOLPHILADELPHIA CITY

Property Description

Prime on Ridge presents a turnkey 15-unit investment opportunity along the bustling Ridge Avenue corridor in Philadelphia, Pennsylvania — the top destination in the world to visit in 2026. Acquire this —16,250 SF, 5-storey, boutique luxury apartment building in a Top-10 USA MSA for rent-growth with the benefit of a FULL 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.

1723 Ridge Avenue | MLS# PAPH2484998

This commercial property located at 1723 Ridge Avenue, Philadelphia, PA 19130 is currently listed for sale with an asking price of $5,150,000. Ridge Avenue is located within the PHILADELPHIA CITY school district. Search Philadelphia real estate on www.duffyrealestate.com today.

Property Features

Property Type: Commercial -
Cooling: Central A/C
Fuel Type: Natural Gas
Heating: Central
Lot Size: 0.09 Acres
Roof Type: Tile
Taxes: $4,728
Year Built: 2022

Feature Descriptions

Accessibility: Elevator
Days on Site: 287
Exterior: Brick
Flooring: Luxury Vinyl Plank
Location: Downtown
Lot Dimensions: 0.09 Acre(S)
Municipality: PHILADELPHIA
Sewer: Public Sewer
Special View Info: City
Total Garage/Parking Spaces: 0
Units: 15
Water: Public

Local Schools

School District: PHILADELPHIA CITY

Listed By / Shown By

Listed By

Agency Name: Keller Williams Liberty Place
Agency Phone: 6093995454

Shown By

Agency Title: Duffy Real Estate, Inc.
Agency Phone: 610-667-6655

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