Check Availability
$2,790,000
Townhouse - For Sale

6526 RIDGE AVE

PHILADELPHIA, PA 19128
bedrooms
Studio
bathrooms
0 Bath
$13,700
Estimated Monthly
$0
HOA / Fees

About This Property

Strong cash flow coupled with substantial rental upside awaits @ 6526 Ridge Avenue in Roxborough - a five (5) unit, fully-leased hybrid development optimally situated atop NW PHL with a full 10 year tax abatement and 100% occupancy. Included in the offering are three (3) newly built 4bd x 3.5ba townhomes (along Delmar St) with garage + driveway parking (2-car parking each), balconies and rooftop terraces. Also included is a historic, vintage duplex repurposed with many of the same modern fittings and finishes seen in the townhomes, situated on a prime corner lot in the coveted Roxborough submarket-offering the perfect blend of city and suburban lifestyles. The duplex facing Ridge Avenue includes two (2) bi-level apartments- a 1bd x 1ba unit and a 2bd x 1.5ba unit. The Property is offered well below replacement costs and is set up as a condominium so the future owner can subdivide each property and profitably sell off assets individually if desired, as an alternative exit strategy. The area is known for extreme demand from both homeowners and renters alike, and is walkable to a bevy of amenities and natural areas like Gorgas Park, Wissahickon Valley Park and Fairmount Park. Easy access into downtown Philly and University City, as well as the regional suburban employment centers. Tons of amenities, shops, restaurants and cafes are within walking distance along Ridge Avenue, the neighborhood's prime commercial corridor. This prime Philadelphia real estate offering is available immediately-featuring two of the most resilient asset classes-single family rental + multifamily. Enquire within for financials.
Unit Size
-
Days on Market
118 days
Land Size
0.15 acres
Price per sqft
-
Property Type
Townhouse
Property Taxes
-
HOA Dues
-
Year Built
1925
Listed By
Ryan McManus
Ryan McManus
Compass Pennsylvania, LLC
Last updated: 4 months ago (Bright MLS #PAPH2307968)

Price History

Date / Event Date Event Price
Jan 2, 2024 Listed by Compass RE $2,790,000
Listed by Compass RE

Property Highlights

Air Conditioning
Garage
With View
Parking Details
Has Garage
Garage Features: Garage - Front Entry
Parking Features: Attached Garage, Driveway
Attached Garage Spaces: 3
Garage Spaces: 3
Total Garage and Parking Spaces: 6
Interior Details

Interior Information

Living Area Square Feet Source: Estimated

Basement Information

Has Basement

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
4 Beds
8 Baths
6,664 ft²
$341/ft²
$2,273,000 Jun 29, 2020
$2,273,000 Sep 25, 2020
-

Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20190802
08/02/2019
4 Bed
4 Bath
2645 ft²
$649,000
bedrooms
4 Bed
bathrooms
4 Bath
square feet
2645 ft²
-
-
-
-

Building Info

6526 Ridge Avenue 6526 Ridge Avenue, Philadelphia, PA 19128
  • 1 Unit for Sale
More about this Building
6526 Ridge Avenue
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About Northwest Philadelphia


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