2150 Ridge Ave
Philadelphia, PA 19121
-- Bed-- Bath1,545 Sq Ft23 Days on Market
For Sale $240,000
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Courtesy of KW Empower
Listing Agent & Comments
INVESTOR SPECIAL: Welcome to 2150 Ridge Ave, a 3-unit multi-family property in the desirable Sharswood neighborhood! Currently, two of the three units are rented (#1- $700 and #2- $750), generating a potential cash flow of $2,250 per month with a strong 9% cap rate. The vacant unit could be rented as-is for $800/month, however, this property offers an excellent investment opportunity, with the potential to increase rents up to $1,000 per unit with basic cosmetic updates. Additionally, Section 8/PHA approval could nearly double rents to around $1,300 per unit. Conveniently located near public transportation, Brewerytown, grocery stores, laundromats, the Stephen Klein Wellness Center, and more, this property is a prime candidate for maximizing your investment in a rapidly developing area. Don’t miss out!
MLS# PAPH2390748 • Data provided by BRIGHTMLS
| Living Area | 1,545 Sq.Ft. |
|---|---|
| Lot Size | 688 Sq.Ft. |
| Total Rooms | -- |
| Bedrooms | -- |
| Bathrooms | -- |
| Stories | 3 |
| Year Built | 1915 |
| Property Type | Multi Family |
| Zoning | CMX2 |
| HOA Name | -- |
| HOA Fee | -- |
| HOA Includes | -- |
| Tax Year | 2023 |
| Tax Amount | $1,578 |
| Property in Flood Zone | -- |
Data provided by BRIGHTMLS.
We’ll connect you with top agents in your area.
More Information On This Home
This home's estimated value
$230,666
ComeHome Estimated Value
What influenced our estimate?
This is ComeHome’s estimated market value for this home. It is not a formal appraisal. This estimate is based on our market knowledge, and it should be used as a starting point to determine a home’s value.
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HouseCanary, Inc. Brokerage
2150 Ridge Ave., Philadelphia, PA 19121
Multi Family-- Bed-- Bath1,545 Sq Ft23 Days on Market
Listing Agent & Comments
INVESTOR SPECIAL: Welcome to 2150 Ridge Ave, a 3-unit multi-family property in the desirable Sharswood neighborhood! Currently, two of the three units are rented (#1- $700 and #2- $750), generating a potential cash flow of $2,250 per month with a strong 9% cap rate. The vacant unit could be rented as-is for $800/month, however, this property offers an excellent investment opportunity, with the potential to increase rents up to $1,000 per unit with basic cosmetic updates. Additionally, Section 8/PHA approval could nearly double rents to around $1,300 per unit. Conveniently located near public transportation, Brewerytown, grocery stores, laundromats, the Stephen Klein Wellness Center, and more, this property is a prime candidate for maximizing your investment in a rapidly developing area. Don’t miss out!
MLS# PAPH2390748 • Data provided by BRIGHTMLS
| Living Area | 1,545 Sq.Ft. |
|---|---|
| Lot Size | 688 Sq.Ft. |
| Total Rooms | -- |
| Bedrooms | -- |
| Bathrooms | -- |
| Stories | 3 |
| Year Built | 1915 |
| Property Type | Multi Family |
| Zoning | CMX2 |
| HOA Name | -- |
| HOA Fee | -- |
| HOA Includes | -- |
| Tax Year | 2023 |
| Tax Amount | $1,578 |
| Property in Flood Zone | -- |
Data provided by BRIGHTMLS.
We’ll connect you with top agents in your area.
New
Do you own this home?
Access your homeowner dashboard
For Sale $240,000
Request tour
Save
Courtesy of KW Empower
2150 Ridge Ave
Philadelphia, PA 19121
-- Bed-- Bath1,545 Sq Ft23 Days on Market
Listing Agent & Comments
INVESTOR SPECIAL: Welcome to 2150 Ridge Ave, a 3-unit multi-family property in the desirable Sharswood neighborhood! Currently, two of the three units are rented (#1- $700 and #2- $750), generating a potential cash flow of $2,250 per month with a strong 9% cap rate. The vacant unit could be rented as-is for $800/month, however, this property offers an excellent investment opportunity, with the potential to increase rents up to $1,000 per unit with basic cosmetic updates. Additionally, Section 8/PHA approval could nearly double rents to around $1,300 per unit. Conveniently located near public transportation, Brewerytown, grocery stores, laundromats, the Stephen Klein Wellness Center, and more, this property is a prime candidate for maximizing your investment in a rapidly developing area. Don’t miss out!
MLS# PAPH2390748 • Data provided by BRIGHTMLS
| Living Area | 1,545 Sq.Ft. |
|---|---|
| Lot Size | 688 Sq.Ft. |
| Total Rooms | -- |
| Bedrooms | -- |
| Bathrooms | -- |
| Stories | 3 |
| Year Built | 1915 |
| Property Type | Multi Family |
| Zoning | CMX2 |
| HOA Name | -- |
| HOA Fee | -- |
| HOA Includes | -- |
| Tax Year | 2023 |
| Tax Amount | $1,578 |
| Property in Flood Zone | -- |
Data provided by BRIGHTMLS.
We’ll connect you with top agents in your area.
More Information On This Home
This home's estimated value
$230,666
ComeHome Estimated Value
What influenced our estimate?
This is ComeHome’s estimated market value for this home. It is not a formal appraisal. This estimate is based on our market knowledge, and it should be used as a starting point to determine a home’s value.
New
Do you own this home?
Access your homeowner dashboard
For Sale $240,000
Request tour
Save
Courtesy of KW Empower