New Construction
Listed By:
Long & Foster Real Estate, Inc.
Address
1805 Ridge Avenue, Philadelphia, PA
Price
$ 1,999,000
Property Attributes
  • MLS#PAPH2300168
  • TypeMulti-Family
  • CountyPHILADELPHIA
  • CityPhiladelphia
  • Area19130
  • Zip19130
  • StyleContemporary
  • Year Built2023
  • Taxes$ 16059
  • Price$ 1,999,000
  • Bedrooms6
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size1,307 SqFt
Data Source:
Bright MLS
Property Description

New Construction Offered at an 8.11% cap rate!!!! We are proud to present 1805 Ridge Avenue. This new construction 6 unit multifamily (5 residential and 1 commercial space) building comes with an approved FULL 10 YEAR TAX ABATMENT (fully abated 100% on the property /building assessment for the entire 10-year period) and 1 year builder warranty. Featuring a first floor commercial space, (1) studio apartment, (2) two bedroom, two full bathroom single floor apartments, and (2) two bedroom, two and a half bathroom bi-level apartments with private roof decks. Each apartment is finished with high-end quality finishes to attract and retain tenants. Located in the heart of Francisville, 4 blocks from The Divine Lorraine, short walk to public transportation (SEPTA Girard/Broad St Station), The Met Philadelphia, along with coffee shops and restaurants. The Fairmount/Francisville neighborhood is popular among renters due to its close proximity to Center City and Temple University and all the amenities that are walkable (supermarkets, coffee shops and restaurants, public transportation, entertainment venues and fitness studios). Reach out for more details and info.

Price History
11/26/2023 Listed $1,999,000

General Features

Interior Features Combination Kitchen/Living,Floor Plan - Open,Kitchen - Island,Recessed Lighting,Sprinkler System
Sewer Public Sewer
Heating Central
Cooling Central A/C
Possession Settlement
Appliances Dishwasher,Energy Efficient Appliances,Microwave,Refrigerator,Oven - Single,Stainless Steel Appliances,Washer,Dryer
Zoning CMX25
Pool Y/N No Pool
Architectural Style Contemporary
Construction Materials Combination
Year Built 2023
Property SubType Other
Tax Year 2023
Percent Ownership Fee Simple
Cool Fuel Natural Gas
Accessibility Level Entry - Main
County PHILADELPHIA
New Construction Yes
Property Type Multi-Family
Garage Y/N No
Water Access Y/N No
Other Structures Above Grade,Below Grade
Status ACTIVE
Directions Right off the corner of 18th and Girard Ave
ModificationTimestamp 2024-04-28T19:39:23
City PHILADELPHIA
Buyer Agent Compensation 2.5
Total Units 4
MLS Area 19130 (19130)
Lot Size Square Feet 1388.00
Tax Assessed Value 0.0
Waterfront Y/N No
Street Name RIDGE
Tax Annual Amount 16059.0
Property Condition Excellent
Two Bedroom 2
Structure Type Other
One Bedroom Units Count 2
Price Per Sq Ft 319.33
Construction Completed Y/N Yes
Vacation Rental Y/N No
Total SQFT 6260
Days on Market 155
Standard Status Active
Year Built Source Estimated
Tax Lot 74
Buyer Agent Compensation Type % Of Gross

Interior Features

Heating Fuel Central
Hot Water Natural Gas
Heating Y/N Yes
Street Suffix AVENUE
Central Air Y/N Yes
LivingAreaSource Estimated

Exterior Features

Water Source Public
Type of Parking On Street
Land Use Code SR
Water View Y/N No
Lot Dimensions 0.00 x 0.00
Lot Size Acres 0.03
Lot Size Units Square Feet
Lot Size Source Estimated
Navigable Water Y/N No
Water Oriented Y/N No
LotDimensionsSource Estimated

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Multi-Family Average in 19130

Price
AVG $1.25M
$2M
Taxes
AVG $7,156
$16,059
Visits
AVG 224
257
Data Provided by Inside Real Estate®
Year Built
AVG 1965
2023

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