Check Availability
$1,199,000
Townhouse - For Sale

1602 RIDGE AVE

PHILADELPHIA, PA 19130
bedrooms
Studio
bathrooms
0 Bath
$5,888
Estimated Monthly
$0
HOA / Fees

About This Property

Extraordinary investment opportunity in booming Fairmount! Ground-up new construction, over $103,000 in projected net annual income, solid 8.75% cap rate. Estimated June 2024 completion. Stunning curb appeal with custom corrugated stone, white brick, Parisian wrought-iron Juliette balconies. Ground-floor bi-level commercial space features 12' main-level ceilings and 8' below-grade. Luxury 1-bedroom apartments offer 730 square feet of brilliantly designed living space with exceptional storage and magnificent natural light. Wide-plank white-oak flooring, expansive living/dining areas, fabulous kitchens with elegant quartz waterfall-edge surfaces, 9' islands with breakfast bar seating for 4, dual-tone custom cabinetry with custom brushed gold hardware, Carrera marble backsplashes with gold inlay, oversized farmhouse sinks, Samsung stainless appliance packages, designer chandeliers. French doors open to custom Juliette balconies. Luxury bathrooms with double-bowl floating vanities, roomy walk-in showers with herringboned tile, chic wallpaper. Large walk-in laundry rooms, spacious bedrooms with outstanding closet space and superb light. Sprawling community roof deck with breathtaking skyline views. Premium location less than 3 blocks to Fairmount Avenue. Architectural plans available. 100% turn-key! Incredible opportunity!
Unit Size
-
Days on Market
82 days
Land Size
0.03 acres
Price per sqft
-
Property Type
Townhouse
Property Taxes
-
HOA Dues
-
Year Built
1920
Listed By
Matthew Greene
Coldwell Banker Realty
Last updated: 3 months ago (Bright MLS #PAPH2318900)

Price History

Date / Event Date Event Price
Feb 6, 2024 Listed by Coldwell Banker Realty $1,199,000
Listed by Coldwell Banker Realty
May 10, 2022 Sold $195,000
Sold

Property Highlights

Air Conditioning
With View
Parking Details
Parking Features: On Street
Interior Details

Interior Information

Interior Features: Breakfast Area, Combination Dining/Living, Combination Kitchen/Dining, Double/Dual Staircase, Floor Plan - Open, Kitchen - Island, Recessed Lighting, Stall Shower
Appliances: Built-In Microwave, Built-In Range, Dishwasher, Disposal, Refrigerator, Stainless Steel Appliances, Water Heater
Flooring Type: Hardwood, Heavy Duty
Living Area Square Feet Source: Estimated
Wall & Ceiling Types

Basement Information

Has Basement
Fully Finished

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
Townhouse
3 Beds
3 Baths
1,970 ft²
$500/ft²
$985,000 May 17, 2023
$985,000 Aug 10, 2023
-
Townhouse
4 Beds
4 Baths
2,229 ft²
$522/ft²
$1,162,448 Jul 20, 2023
$1,162,448 Sep 15, 2023
-
Townhouse
3 Beds
5 Baths
2,693 ft²
$436/ft²
$1,175,000 Feb 10, 2020
$1,175,000 Jun 1, 2020
-
Townhouse
3 Beds
4 Baths
3,400 ft²
$294/ft²
$999,000 Oct 31, 2016
$999,000 Dec 15, 2016
-
Townhouse
3 Beds
4 Baths
3,600 ft²
$292/ft²
$1,050,000 Apr 19, 2019
$1,050,000 Aug 29, 2019
-
Townhouse
4 Beds
4 Baths
4,300 ft²
$255/ft²
$1,095,000 Mar 14, 2016
$1,095,000 May 27, 2016
-
Townhouse
Stu
-
-
$1,325,000 Sep 21, 2023
-
-
Townhouse
Stu
-
-
$1,000,000 Dec 7, 2023
-
-
Townhouse
Stu
-
-
$1,295,000 Dec 22, 2023
-
-
House
Stu
-
-
$1,350,000 Aug 8, 2023
-
-
Townhouse
4 Beds
3 Baths
2,295 ft²
$477/ft²
$1,095,000 Feb 5, 2024
-
-
Townhouse
4 Beds
5 Baths
3,460 ft²
$373/ft²
$1,290,000 Oct 12, 2023
-
-

Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By

Building Info

1602 Ridge Avenue 1602 Ridge Avenue, Philadelphia, PA 19130
  • 1 Unit for Sale
More about this Building
1602 Ridge Avenue
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About North Philadelphia


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