10,391 SqFt
10,391 SqFt
Key Details
Property Type Multi-Family
Sub Type Other
Listing Status Active
Purchase Type For Sale
Square Footage 10,391 sqft
Price per Sqft $240
MLS Listing ID PAPH2674412
Style Other
Abv Grd Liv Area 10,391
Year Built 1939
Annual Tax Amount $11,531
Tax Year 2026
Lot Size 6,100 Sqft
Acres 0.14
Lot Dimensions 33x74 and 76x47 total frontage is 109 building is L shaped
Property Sub-Type Other
Source BRIGHT
Property Description
The property is currently 100% occupied and generates just under $21,000 per month in gross rental income, providing immediate cash flow from day one. The combination of residential and commercial tenants creates a strong mixed-use investment with multiple sources of revenue under one roof.
Prominently positioned along Ridge Avenue, the property benefits from excellent visibility, accessibility, and proximity to the shops, restaurants, businesses, and neighborhood amenities that continue to make East Falls an attractive place to live and work. The location also provides convenient access to Center City, Kelly Drive, major highways, public transportation, and nearby universities and employment centers.
With 15 total income-producing units, full occupancy, and nearly $252,000 in annual gross rental income, 4225-37 Ridge Avenue presents a compelling opportunity for an investor looking to acquire a sizable, stabilized mixed-use asset in a strong Philadelphia location.
Showings and additional financial information available upon request.
Location
State PA
County Philadelphia
Area 19129 (19129)
Zoning CMX25
Interior
Hot Water Natural Gas
Heating Heat Pump(s)
Cooling Ductless/Mini-Split
Inclusions Tenant property
Heat Source Electric, Natural Gas
Exterior
Water Access N
Accessibility None
Garage N
Private Pool No
Building
Above Ground Finished SqFt 10391
Sewer Public Sewer
Water Public
Architectural Style Other
Additional Building Above Grade
New Construction N
Schools
School District Philadelphia City
Others
Tax ID 881137480
Ownership Fee Simple
SqFt Source 10391
Special Listing Condition Standard
