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1607-09 Ridge Avenue

PHILADELPHIA, PA 19130
  • $2,850,000
  • STATUS: Active
  • ON SITE: 102 Days
  • ID#: PAPH2106228
UPDATED: 55 min ago
$2,850,000
  • 0
    BEDS
  • 0.05
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
2021
County:

School Information

Elementary School:
High School:

Description

Brand new construction with commercial/retail space on the first floor and 7 units of luxury units .10 year tax abatement,1st Floor : Triple net lease $2700 /month occupied by professional office. 2nd-4th floor upstairs : Triple net lease $11350 /month. run by professional management team as boutique hotel Annual Net Rental Income $168,600.00.This retail space is in the HOT area of Francisville. Close to METS.There are pharmacy, corner store and fitness center in the commercial neighborhood.

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©2022 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 The Dailey Group | Keller Williams Gateway. 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: 2022-08-12T20:01:16.893.
www.thedaileygroup.com/homes/128244466
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1607-09 Ridge Avenue PHILADELPHIA, PA 19130

  • Price: $2,850,000
  • Status: Active
  • On Site: 102 Days
  • Updated: 55 min ago
  • ID#: PAPH2106228
0
Beds
0
Baths
0
½ Baths
0.05
Acres
2021
Built
Neighborhood:
Francisville
County:
Philadelphia
Area:
19130 (19130)
Elementary School:
Waring Laura
High School:
Benjamin Franklin
School District:
The School District Of Philadelphia
Property Description
Brand new construction with commercial/retail space on the first floor and 7 units of luxury units .10 year tax abatement,1st Floor : Triple net lease $2700 /month occupied by professional office. 2nd-4th floor upstairs : Triple net lease $11350 /month. run by professional management team as boutique hotel Annual Net Rental Income $168,600.00.This retail space is in the HOT area of Francisville. Close to METS.There are pharmacy, corner store and fitness center in the commercial neighborhood.
Exterior Features

Construction Materials BrickMetal SidingVinyl Siding Door Features Sliding Glass Garage YN No Location Type Business District Lot Features Rear Yard Parking Types On Street Property Condition Excellent Riparian Rights YN No Roof Concrete Water Access YN No Water Oriented YN No Water View YN No Waterfront YN No

Interior Features

Building Area Total 6500.00 Cooling Central A/C Flooring HardwoodCeramic Tile Heating Central Heating YN Yes Net Square Feet 6000.00 Security Features Main Entrance LockCarbon Monoxide Detector(S)Exterior CamerasSmoke DetectorSprinkler System - Indoor

Property Features

Acceptable Financing CashConventional Accessibility Features 32"+ Wide Doors Assessment Year 2022 Business Type Professional Central Air YN Yes Construction Completed YN Yes Cooling Fuel Electric Cross Street Francis St Electric 120/240V200+ Amp Service Electric Average Monthly 0 Electric Last12 Months 0.00 Elevator Use Fee 0.00 Elevators 0 Entry Level 1 Foundation Details Slab Green Energy Efficient Hvac Heating Fuel Electric Historic YN No Hot Water Electric Internet Services Cable Lease Considered YN No Municipality Philadelphia Navigable Water YN N New Construction YN Yes Number Of Units Total 8 Operating Expense Includes Insurance Original MLSNumber 801488698842 Owner Pays Taxes - Real Estate Ownership Interest Fee Simple Possession 0-30 Days Cd Property Sub Type Mixed Use Sale Type Standard Sewer Public Sewer Tax Annual Amount 0.00 Tax Assessment Amount 131100.00 Transportation Metro/Subway Station Less Than 1 Mile Utilities Cable TvPhoneWater AvailableSewer AvailableElectric Available Vacation Rental YN No Water Source Public Year Built Effective 2021 Zoning Cmx2.5 Zoning Description Commercial First Floor And 7 Residential Units Upstairs

Listing courtesy of Re/Max One Realty.


©2022 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 The Dailey Group | Keller Williams Gateway. 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: 2022-08-12T20:01:16.893.
 
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