1. Pennsylvania
  2. Philadelphia
  3. 1723 RIDGE AVENUE
$5,700,000

1723 RIDGE AVENUE, Philadelphia, PA 19130

  • 16,250 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 2022
  • Property Lot Size Icon3,920sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $351/sqft
  • Property List Date Icon Listed 9 days ago

Property 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.

Listing Status:
Active
Date Added:
June 4, 2025 at 05:00AM
Listing Office:
Keller Williams Liberty Place : 6093995454
Listing Agent:
Ryan J McManus : 6106061095
MLS ID:
PAPH2490130
  • Flooring: Luxury Vinyl Plank
  • A/C: Central A/C
  • Heating: YCentralNatural Gas
  • Disability Feature: Elevator

This listing courtesy of Ryan J McManus, Keller Williams Liberty Place

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

Ready to Start a VA Loan?

Get Started Veterans United Home LoansNMLS #1907  †
Get Prequalified »
Interest rates used in the VA mortgage calculator are shown for illustrative purposes only. Your rate may differ based on a variety of factors, including your credit score and the current market conditions. To get your personalized interest rate, start your quote online.

Location

Schools Nearby

B

Bache-Martin Elementary School

2201 Brown St, Philadelphia, PA, 19130

Grades KG-8

0.44 miles away

B

Bache-Martin Elementary School

2201 Brown St, Philadelphia, PA, 19130

Grades KG-8

0.44 miles away

F

Franklin Lc

616 N 15th St, Philadelphia, PA, 19130

Grades 9-12

0.45 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.