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1607-9 Ridge Avenue

PHILADELPHIA, PA 19130
  • $2,690,000
  • STATUS: Active
  • ON SITE: 173 Days
  • ID#: PAPH2368988
UPDATED: 48 min ago
$2,690,000
  • 0
    BEDS
  • 0.05
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
2019
County:

School Ratings & Info

Description

"Exceptional Investment Opportunity with Established Airbnb Income! Presenting 1607 Ridge Ave, a lucrative property featuring 7 units and 1 commercial storefront in a thriving location. Currently with Airbnb licensing secured .the second and third floors are generating substantial income through Airbnb partnerships, bringing in a combined $11,000 per month. These floors include three spacious 2-bedroom, 2-bathroom units and three comfortable 1-bedroom, 1-bathroom units, each designed for modern comfort and convenience.Additionally, the ground floor studio generates $1,800 per month in rental income, offering a stable residential option. , The commercial storefront presents a lucrative opportunity with a rental potential of around $2,200 per month."Located in a lively neighborhood with convenient access to nearby amenities, attractions, and transportation options, this property offers not only a lucrative investment opportunity but also significant growth potential in both residential and commercial sectors. Take advantage of this opportunity to acquire a well-positioned property with diversified income streams."

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©2024 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or ExecuHome Realty. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2024-12-13T11:53:38.533.
www.execuhome.com/homes/151947218
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1607-9 Ridge Avenue PHILADELPHIA, PA 19130

  • Price: $2,690,000
  • Status: Active
  • On Site: 173 Days
  • Updated: 48 min ago
  • ID#: PAPH2368988
0
Beds
0
Baths
0
½ Baths
0.05
Acres
2019
Built
Neighborhood:
19130 (19130)
County:
Philadelphia
Area:
19130 (19130)
School District:
The School District Of Philadelphia
Property Description
"Exceptional Investment Opportunity with Established Airbnb Income! Presenting 1607 Ridge Ave, a lucrative property featuring 7 units and 1 commercial storefront in a thriving location. Currently with Airbnb licensing secured .the second and third floors are generating substantial income through Airbnb partnerships, bringing in a combined $11,000 per month. These floors include three spacious 2-bedroom, 2-bathroom units and three comfortable 1-bedroom, 1-bathroom units, each designed for modern comfort and convenience.Additionally, the ground floor studio generates $1,800 per month in rental income, offering a stable residential option. , The commercial storefront presents a lucrative opportunity with a rental potential of around $2,200 per month."Located in a lively neighborhood with convenient access to nearby amenities, attractions, and transportation options, this property offers not only a lucrative investment opportunity but also significant growth potential in both residential and commercial sectors. Take advantage of this opportunity to acquire a well-positioned property with diversified income streams."
Exterior Features

Construction Materials Brick FrontShingle Siding Garage YN No Parking Types On Street Water Access YN No Water View YN No Waterfront YN No

Interior Features

Building Area Total 0.00 Cooling Central A/C Heating Central Heating YN Yes Net Square Feet 6800.00

Property Features

Accessibility Features None Central Air YN Yes Cooling Fuel Natural Gas Heating Fuel Central Hot Water Natural Gas Municipality PHILADELPHIA Navigable Water YN N New Construction YN No Original MLSNumber 803167970562 Ownership Interest Fee Simple Property Sub Type Five Or More Units Sale Type Standard Sewer Public Sewer Tax Annual Amount 4291.00 Tax Lot 177 Vacation Rental YN No Water Source Public Zoning CMX25

Listing courtesy of BY Real Estate: .


©2024 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or ExecuHome Realty. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2024-12-13T11:53:38.533.
 
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