1723 Ridge Avenue

PHILADELPHIA, PA 19130

  • 0 Bed(s)
  • 0 Bath(s)
  • 0 Sqft
  • 3990
    Sqft(Lot)
$5,700,000

Description

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.

  • Property Type

    Multi-Family

  • Subdivision

    Francisville

  • County

    PHILADELPHIA

  • Style

    Other

  • AD ID

    50065341

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Property Details

  • Water/Sewer

    • Water Source : Public

    Interior Features

    • Roof : Tile

    Roofing Information

    • Tile

    Heating & Cooling

    • Cooling: Central A/C
    • Heating: Central
    • Cooling Fuel: Natural Gas
    • Heating Fuel: Natural Gas

  • Building Information

    • Year Built: 2022
    • Structure: Other
    • New Construction: No
    • Total Units: 4
    • Built: 2022
    • Construction Material: Brick
    • Security System: Exterior Cameras
    • Roof: Tile
    • Foundation/Basement: Concrete Perimeter
    • Architecture: Other
    • Pool/Private: No Pool
    • Roof Type: Tile

    Pool Information

    • Pool: No Pool

    Utility Features

    • Sewer: Public Sewer

    Water

    • Water Heat: Electric

  • Lot Information

    • Lot Size: 3,990
    • Dimensions: 52.00 x 76.00
    • Lot Size (Acres): 0.09
    • Architectural Style: Other
    • Stories Total: 5
    • Main Square Feet: 3,990

    Property Information

    • SQ ft: 16,250
    • SQ ft (Living Area): 16,250
    • Total Lot SQ ft: 3,990
    • View: City
    • Subdivision: FRANCISVILLE
    • Appx. Lot Dimensions: 52.00 x 76.00
    • Total Acreage: 0.09
    • New Construction: No
    • Type: Other

  • Listing Information

    • Possession: Settlement
    • Days Of Market: 3

  • Tax Information

    • Annual Tax: $4,728
    • Tax Year: 2024
    • Total Taxes Payment Frequency: Annually

    Possession

    • Settlement

    Assessment Information

    • Taxes Assessment Amount: $337,800

  • Parking Information

    • Parking Type: None

    Multi-Unit Information

    • Roof: Tile

    Homeowners Association Information

    • Direction: BETWEEN 17TH AND 18TH ON RIDGE AVENUE.

  • School Information

    • School District: PHILADELPHIA CITY

    Utility Information

    • Water Source: Public
    • Sewer: Public Sewer
    • Cooling Fuel: Natural Gas
    • Heating Fuel: Natural Gas
    • Hot Water: Electric

    Location Information

    • Location Type: Downtown
    • Direction: BETWEEN 17TH AND 18TH ON RIDGE AVENUE.
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BuyOwner last updated this listing 06/06/2025 @ 15:04

  • MLS: PAPH2490130
  • LISTING PROVIDED COURTESY OF: ,
  • SOURCE: BRIGHT MLS

is a Other, with 0 bedrooms which is for sale, it has 0 sqft, 3,990 sized lot, and 0 parking. are nearby neighborhoods.