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1029 Ridge Avenue

PHILADELPHIA, PA 19123
  • $1,980,000
  • STATUS: Active
  • ON SITE: 76 Days
  • ID#: PAPH2281562
UPDATED: 235 min ago
$1,980,000
  • 0
    BEDS
  • 0.11
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1903
County:

School Ratings & Info

Description

This building has been completely renovated a few years ago. There are 5 residential unit plus one commercial unit on the first floor. The landlord is currently using the first floor commercial space. The other 5 units are leased out. Its a turn key business. It has very high cap rate compared to other properties in Chinatown area. The first floor can be delivered vacant or leased.

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©2023 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 RE/MAX Main Line. 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: 2023-12-10T23:49:55.89.
www.tomtoole.com/homes/143695348
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1029 Ridge Avenue PHILADELPHIA, PA 19123

  • Price: $1,980,000
  • Status: Active
  • On Site: 76 Days
  • Updated: 235 min ago
  • ID#: PAPH2281562
0
Beds
0
Baths
0
½ Baths
0.11
Acres
1903
Built
Neighborhood:
Chinatown
County:
Philadelphia
Area:
19123 (19123)
School District:
The School District Of Philadelphia
Property Description
This building has been completely renovated a few years ago. There are 5 residential unit plus one commercial unit on the first floor. The landlord is currently using the first floor commercial space. The other 5 units are leased out. Its a turn key business. It has very high cap rate compared to other properties in Chinatown area. The first floor can be delivered vacant or leased.
Exterior Features

Construction Materials BrickBlockConcrete Garage YN No Parking Types None Riparian Rights YN No Water Access YN No Water Oriented YN No Water View YN No Waterfront YN No

Interior Features

Building Area Total 15500.00 Cooling Central A/C Heating Central Heating YN Yes Net Square Feet 13341.00

Property Features

Accessibility Features None Business Type Apartment Building Central Air YN Yes Cooling Fuel Electric Cross Street 11TH STREET Heating Fuel Electric Hot Water Electric Municipality Philadelphia Navigable Water YN N New Construction YN No Original MLSNumber 802633674936 Ownership Interest Fee Simple Possession Immediate Property Sub Type Mixed Use Sale Type Standard Sewer Public Sewer Tax Annual Amount 1587.00 Tax Assessment Amount 19200.00 Vacation Rental YN No Water Source Public Zoning Indus

Listing courtesy of Liberty Real Estate: .


©2023 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 RE/MAX Main Line. 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: 2023-12-10T23:49:55.89.
 
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