#PAPH2426160, Bei Ou, Listing Office: Realty Mark Associates
$10,000
closing credit¹
1730 Ridge Ave Philadelphia, PA 19130
Property details
About 1730 Ridge Ave
Amazing investment opportunity. This recently constructed, fully occupied 6-unit mixed-use property, built in 2020, is situated in the highly sought-after Francisville neighborhood of Philadelphia. This property offers investors an excellent opportunity to acquire a turnkey asset with significant potential for rental growth and immediate rent increases. The property is also located within a Qualified Opportunity Zone, providing potential tax advantages for investors, and includes six years remaining on a tax abatement. The unit mix includes two (2) studios, one (1) bi-level one-bedroom with backyard access, and two (2) bi-level one-bedroom plus den units with one and half baths. plus a ground-floor commercial unit. Don’t miss this rare opportunity to own a high-performing mixed-use property in a rapidly developing area. Taxes, remaining abatement term and square footage are the responsibility of the buyer to have verified. Nine property portfolio, can be purchased individually or as a full / partial portfolio (2243 N. Broad St., 2207 N. Broad St., 1730 Ridge Ave., 1230 N Marshall St., 1520 N. 7th St., 1805 N. 6th St., 1917 N. 7th St., 2010 N. 8th St., 1540 W. Tioga St.).
Highlights
(ACTIVE)
Summary
- MLS Number: PAPH2432978
- MLS Name: BRIGHT
- Office Name: KW Empower
- Office Phone: (215) 627-3500
- Office Email: vicki@kwempower.com
- Listing Agent: Jim Onesti
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Last updated on: 2/2/2025, 4:20:50 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$1,400,000
1730 Ridge Ave
$10,000
closing credit¹
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Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
Year | Assessment | Property Tax |
---|---|---|
2023 | $900,000 | $2,519 |
2022 | $180,000 | $1,259 |
2021 | $- | $1,259 |
History based on county public records data.
Nearby schools
1
Richard R. Wright Elementary School
Public District KG-5
1.4 mi
•2700 W Dauphin St
2
Kipp North Philadelphia Charter School
Public Charter KG-6
1.5 mi
•2539 N 16th St
6
John Moffet Elementary School
Public District KG-5
1.6 mi
•127 W Oxford St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $24,491. Typical income of Philadelphia, PA residents is less than $<35k annually. Residents typically live in single, no kids family. Typical level of education for residents in this area is high school diploma.
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Frequently asked questions
About 1730 Ridge Ave
This home is located at 1730 Ridge Ave in Philadelphia, PA and zip code 19130 in the Fairmount neighborhood. This 7,000 square foot home, which was built in 2020, sits on a 0.03 acre lot. Features: 0 bathroom. It has been listed on Rocket Homes since January 7, 2025 and is currently priced at $1,400,000.
While more than 152 listings in Philadelphia, PA in January 2025 were sold above asking price, there were more than 186 listings sold at asking price, and more than 457 were sold below. The inventory of homes for sale in Philadelphia, PA between December and January 2025 increased by 3.5%. The median list price of listings available in January 2025 was $266,945, while the average time on the real estate market was 52 days.