2626 Ridge Ave Unit 30
Philadelphia, PA 19121
-- Bed
-- Bath
7,215 Sq Ft
561 Days on Market
For Sale $1,600,000
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Courtesy of EMORY HILL REAL ESTATE SERVICES INC.

Listing Agent & Comments

Brian AshbyEMORY HILL REAL ESTATE SERVICES INC.
302-763-2349brianashby@emoryhill.com License #rsr003582
Motivated seller. Significant value add opportunity through continued leasing. Market rents are $1550-$1650 if new owner chooses, section 8 new 2 bedroom rent allows up to $1764 per month. 2626-30 Ridge avenue is an 8 unit property with a 1 car garage. It was fully gut renovated this year. This property is available as part of a portfolio or may be purchased individually. Unit 2 is currently available for lease and is being marketed at $1650 per month. The portfolio is comprised of 15 units over 4 locations. Two duplexes, a triplex, and an eight unit building with a single car garage. All properties are located in Philadelphia neighborhoods of Sharswood and Olde Kensington. Per bestplaces.net, the 19133 (Old Kensington) zip code has enjoyed 17.3% home appreciation in the last 10 years. It also has a robust market for renters making up 45.3% of the population. Home appreciation in the 19121 zip code (Sharswood) has been 19.8% over the last 10 years . Renters make up 49.8% of the population. All of these properties have undergone full gut renovations and were stripped down to the studs. Many of the layouts were reconfigured. Each property was then rebuilt with new electric, plumbing, hvac, roofing, windows, curb traps where necessary, appliances, kitchens, bathrooms, etc... Each property has a 10 year tax abatement secured. All properties will be sold "as is, where is with all faults and defects" Please take a look at the additional information on the attached brochures. Available properties are a duplex at 2118 W Master st Philadelphia PA 19121, a duplex at 2527 N Front st Philadelphia PA 19133, Triplex at 2323 N 2nd st Philadelphia PA 19121. Portfolio Price $3.65mm Also available is 1937 N Marshall st. A 9 Unit shovel ready ground up construction project for $525,000

MLS# PAPH2260232 • Data provided by BRIGHTMLS
Additional home details
Living Area7,215 Sq.Ft.
Lot Size3,598 Sq.Ft.
Total Rooms--
Bedrooms--
Bathrooms--
Stories--
Year Built1915
Property TypeMultifamily
Zoning--
HOA Name--
HOA Fee--
HOA Includes--
Tax Year--
Tax Amount--
Property in Flood Zone--
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More Information On This Home
This home's estimated value
$1,593,433
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.
This property is missing data for:
Comparable properties and sale history
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HouseCanary, Inc. Brokerage

2626 Ridge Ave., Unit 30, Philadelphia, PA 19121

Multifamily
-- Bed
-- Bath
7,215 Sq Ft
561 Days on Market

Listing Agent & Comments

Brian AshbyEMORY HILL REAL ESTATE SERVICES INC.
302-763-2349brianashby@emoryhill.com License #rsr003582
Motivated seller. Significant value add opportunity through continued leasing. Market rents are $1550-$1650 if new owner chooses, section 8 new 2 bedroom rent allows up to $1764 per month. 2626-30 Ridge avenue is an 8 unit property with a 1 car garage. It was fully gut renovated this year. This property is available as part of a portfolio or may be purchased individually. Unit 2 is currently available for lease and is being marketed at $1650 per month. The portfolio is comprised of 15 units over 4 locations. Two duplexes, a triplex, and an eight unit building with a single car garage. All properties are located in Philadelphia neighborhoods of Sharswood and Olde Kensington. Per bestplaces.net, the 19133 (Old Kensington) zip code has enjoyed 17.3% home appreciation in the last 10 years. It also has a robust market for renters making up 45.3% of the population. Home appreciation in the 19121 zip code (Sharswood) has been 19.8% over the last 10 years . Renters make up 49.8% of the population. All of these properties have undergone full gut renovations and were stripped down to the studs. Many of the layouts were reconfigured. Each property was then rebuilt with new electric, plumbing, hvac, roofing, windows, curb traps where necessary, appliances, kitchens, bathrooms, etc... Each property has a 10 year tax abatement secured. All properties will be sold "as is, where is with all faults and defects" Please take a look at the additional information on the attached brochures. Available properties are a duplex at 2118 W Master st Philadelphia PA 19121, a duplex at 2527 N Front st Philadelphia PA 19133, Triplex at 2323 N 2nd st Philadelphia PA 19121. Portfolio Price $3.65mm Also available is 1937 N Marshall st. A 9 Unit shovel ready ground up construction project for $525,000

MLS# PAPH2260232 • Data provided by BRIGHTMLS
Additional home details
Living Area7,215 Sq.Ft.
Lot Size3,598 Sq.Ft.
Total Rooms--
Bedrooms--
Bathrooms--
Stories--
Year Built1915
Property TypeMultifamily
Zoning--
HOA Name--
HOA Fee--
HOA Includes--
Tax Year--
Tax Amount--
Property in Flood Zone--
We’ll connect you with top agents in your area.
This property is missing data for:
Comparable properties and sale history
New
Do you own this home?
Access your homeowner dashboard
house
For Sale $1,600,000
Request tour
Save
Courtesy of EMORY HILL REAL ESTATE SERVICES INC.
2626 Ridge Ave Unit 30
Philadelphia, PA 19121
-- Bed
-- Bath
7,215 Sq Ft
561 Days on Market

Listing Agent & Comments

Brian AshbyEMORY HILL REAL ESTATE SERVICES INC.
302-763-2349brianashby@emoryhill.com License #rsr003582
Motivated seller. Significant value add opportunity through continued leasing. Market rents are $1550-$1650 if new owner chooses, section 8 new 2 bedroom rent allows up to $1764 per month. 2626-30 Ridge avenue is an 8 unit property with a 1 car garage. It was fully gut renovated this year. This property is available as part of a portfolio or may be purchased individually. Unit 2 is currently available for lease and is being marketed at $1650 per month. The portfolio is comprised of 15 units over 4 locations. Two duplexes, a triplex, and an eight unit building with a single car garage. All properties are located in Philadelphia neighborhoods of Sharswood and Olde Kensington. Per bestplaces.net, the 19133 (Old Kensington) zip code has enjoyed 17.3% home appreciation in the last 10 years. It also has a robust market for renters making up 45.3% of the population. Home appreciation in the 19121 zip code (Sharswood) has been 19.8% over the last 10 years . Renters make up 49.8% of the population. All of these properties have undergone full gut renovations and were stripped down to the studs. Many of the layouts were reconfigured. Each property was then rebuilt with new electric, plumbing, hvac, roofing, windows, curb traps where necessary, appliances, kitchens, bathrooms, etc... Each property has a 10 year tax abatement secured. All properties will be sold "as is, where is with all faults and defects" Please take a look at the additional information on the attached brochures. Available properties are a duplex at 2118 W Master st Philadelphia PA 19121, a duplex at 2527 N Front st Philadelphia PA 19133, Triplex at 2323 N 2nd st Philadelphia PA 19121. Portfolio Price $3.65mm Also available is 1937 N Marshall st. A 9 Unit shovel ready ground up construction project for $525,000

MLS# PAPH2260232 • Data provided by BRIGHTMLS
Additional home details
Living Area7,215 Sq.Ft.
Lot Size3,598 Sq.Ft.
Total Rooms--
Bedrooms--
Bathrooms--
Stories--
Year Built1915
Property TypeMultifamily
Zoning--
HOA Name--
HOA Fee--
HOA Includes--
Tax Year--
Tax Amount--
Property in Flood Zone--
We’ll connect you with top agents in your area.
More Information On This Home
This home's estimated value
$1,593,433
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.
This property is missing data for:
Comparable properties and sale history
New
Do you own this home?
Access your homeowner dashboard
house

For Sale $1,600,000
Request tour
Save
Courtesy of EMORY HILL REAL ESTATE SERVICES INC.