2518 RIDGE AVENUE, Philadelphia, PA 19121
- 3,004 sqft
Multi-Family Home
Built in 2020
871sqft lot
—— car garage
$200/sqft
Listed 27 days ago
Property Description
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.
- Listing Status:
- Active
- Date Added:
- May 12, 2025 at 05:00AM
- Listing Office:
- Honest Real Estate : 2159046001
- Listing Agent:
- Niaz Butt : 2674034250
- MLS ID:
- PAPH2477770

- Basement: Fully Finished
- A/C: Central A/C
- Heating: YForced AirElectric
- Disability Feature: None
This listing courtesy of Niaz Butt, Honest Real Estate
Monthly Payment
- Principal & Interest $
- Property Taxes $
- Home Insurance $
- VA Funding Fee $
Location
Schools Nearby
Edward Gideon School
2817 W Glenwood Ave, Philadelphia, PA, 19121
Grades KG-8
0.28 miles away
Edward Gideon School
2817 W Glenwood Ave, Philadelphia, PA, 19121
Grades KG-8
0.28 miles away
Vaux Big Picture High School
2300 W Master St, Philadelphia, PA, 19121
Grades 12-12
0.47 miles away