$600,000

2518 RIDGE AVENUE, Philadelphia, PA 19121

  • 3,004 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 2020
  • Property Lot Size Icon871sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $200/sqft
  • Property List Date Icon 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

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

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Location

Schools Nearby

E

Edward Gideon School

2817 W Glenwood Ave, Philadelphia, PA, 19121

Grades KG-8

0.28 miles away

E

Edward Gideon School

2817 W Glenwood Ave, Philadelphia, PA, 19121

Grades KG-8

0.28 miles away

V

Vaux Big Picture High School

2300 W Master St, Philadelphia, PA, 19121

Grades 12-12

0.47 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.

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