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1723 RIDGE AVENUE, PHILADELPHIA, PA 19130
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$5,350,000
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Home Details for 1723 RIDGE AVENUE
Price
$5,350,000
Type
Commercial/Industrial
Year Build
2022
Lot Size
0.09
County
PHILADELPHIA
Tax
$4,728
MLS®️ Listing#
PAPH2484998
On exitrealty.com
211 days
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.
- Cooling Information
- Central Air
- Gas
- Heating Information
- Natural Gas
- Central
- Water Features
- Public
- Parking
- None
Listing Courtesy: Keller Williams Liberty Place - 609-399-5454
The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which EXIT Realty participates, and is provided by BRIGHT through a licensing agreement. The information provided by this website is for the personal, non-commercial use of consumers 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 on this website may no longer be available because they are under contract, have closed or are no longer being offered for sale. Information Deemed Reliable But Not Guaranteed. Copyright ©2025 Bright MLS. All rights reserved.
Last Updated: 2025-11-10 09:15:55
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EXIT ELEVATE REALTY
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EXIT ELEVATE REALTY
1450 Grays Ferry Ave. 1st Floor, Philadelphia, PA 19143