1604 Ridge Ave
Francisville, Philadelphia, PA 19130
$739,000
Description
1604 Ridge Ave,
Philadelphia,
PA
19130
Welcome to 1604 Ridge Avenue, where the potential for investment opportunity is vast!!! This Franciville/Fairmount area property, boasting just under 3,000 square feet of space, is just 2 blocks west of North Broad Street and the Avenue of the Arts North, walkable to places like The Met Philadelphia, as well as SOUTH, Osteria and many other restaurants, and is located in the center of a bustling cultural hub with new condos, original homes and commercial corridors alike. The property presents an unparalleled opportunity for savvy investors seeking substantial returns. This property boasts a diverse mix of commercial and residential spaces, ensuring a steady stream of income that promises to maximize your ROI. The possibility of owner occupancy for the commercial unit is also a consideration. All tenants will remain in place if buyer choices Whether through rebranding, or strategic leasing, there are numerous avenues to further capitalize on this property and unlock its full ROI potential. Commercial unit is approximately 1000sqft. Upgrades and rehab through -out were done 2020/2021. Please see the P &L located in documents.
Listing By: BHHS Fox & Roach-Art Museum via Data Source: Bright MLS
2757958-PAPH2368412
MLS ID
Price History
date | price | variance | type |
---|
11/2/2024 | $739,000 | 20.11 % | decreased |
9/14/2024 | $925,000 | 2.63 % | decreased |
6/20/2024 | $950,000 | - | Listed |
listing agent: Dawn Varallo