1730 Ridge Avenue

Philadelphia, PA 19130

$1,400,000
Price
3
Beds
5
Baths
7,000 Sq. Ft.
$200 / Sq. Ft.
7,000
Sq. Ft.
$200
per Sq. Ft.

Description

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...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.).
  1. Listed by Jim Onesti • KW Empower
    P: (484)-429-6769 jimsells@mccannteam.com
  2. Listed by Steven Onesti • KW Empower
    P: (215)-783-7779 sonesti@mccannteam.com

Property Details for 1730 Ridge Avenue

Tax ID Number
882006707
Ownership
Fee Simple
Structure Type
Interior Row/Townhouse
Style
Other
Waterfront
No
Garage
No
Subdivision
FRANCISVILLE
Subdivision
FRANCISVILLE (PHILADELPHIA PA)
LISTING UPDATED: 01/11/2025 10:24 AM

Property Details for 1730 Ridge Avenue

StatusActive
MLS #PAPH2432978
Days on Market5
Taxes$2,519 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family / Fee Simple
Year Built1940
Lot Size0.03 AC / 1,416 SF
CountyPhiladelphia County

Building

1730 Ridge Ave

2 StoriesBuilt in 1940

Building Information for 1730 Ridge Avenue

Stories2Residences-Year Built1940Building Size-Lot Size0.03 AC / 1,416 SF

Property Information for 1730 Ridge Avenue

Location
Location
  • School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA
  • School District County ID: 300200397108
  • SchoolDistrictSource: Listing Agent
  • County: PHILADELPHIA
  • MLS Area: 19130 (19130)
Waterfront / Water Access
Waterfront / Water Access
  • Water View: No
  • Water Access: No
  • Water Oriented: No
  • Navigable Water: No
  • Tidal Water: No
  • Riparian Rights Y/N: No
Taxes and Assessment
Taxes and Assessment
  • Tax Year: 2024
  • Tax Assessed Value: $180,000
  • Year Assessed: 2024
  • County Tax: $0
  • Improvement Assessed Value: $0
  • City Town Tax: $1,108
  • Land Assessed Value: $180,000
  • Clean Green Assessed: No
  • Land Use Code: CA0
  • Zoning: CMX25
  • Tax Lot: 71
  • School Tax: $1,411
  • Automatically Update Tax Values Y/N: Yes
Unit Information
Unit Information
  • Single Room Units Count: 3
  • One Bedroom Units Count: 3
  • Two Bedroom Units Count: 0
  • Three Bedroom Units Count: 0
  • Other Units: Unit 1,Unit 2,Unit 4,Unit 5,Unit 3,Unit 6
Multi Family
Unit 1
  • Type: Unit 1
  • Unit Type Occupied YN: Yes
  • Unit Type Features: Commercial space
Unit 2
  • Type: Unit 2
  • Unit Type Occupied YN: Yes
  • Beds Total: 1
  • Full Baths Count: 1
  • Unit Type Features: 1R
Unit 3
  • Type: Unit 4
  • Unit Type Occupied YN: Yes
  • Beds Total: 0
  • Full Baths Count: 1
  • Unit Type Features: 2F
Unit 4
  • Type: Unit 5
  • Unit Type Occupied YN: Yes
  • Beds Total: 1
  • Half Baths Count: 1
  • Full Baths Count: 1
  • Unit Type Features: 3F
Unit 5
  • Type: Unit 3
  • Unit Type Occupied YN: Yes
  • Beds Total: 0
  • Full Baths Count: 1
  • Unit Type Features: 2F
Unit 6
  • Type: Unit 6
  • Unit Type Occupied YN: Yes
  • Beds Total: 1
  • Full Baths Count: 1
  • Unit Type Features: 3R
Building Info
Building Info
  • Building Units Total: 4
  • Total Finished SQFT: 7,000.00
Lot / Land Information
Lot / Land Information
  • Lot Size Source: Assessor
  • Lot Size Dimensions: 18.00 x 78.00
  • Lot Dimensions Source: Assessor
  • Parcel ID: 1221005
Parking
Parking
  • Type Of Parking: None
Interior Features
Interior Features
  • Fireplace: No
  • Accessibility Features: None
Exterior Features
Exterior Features
  • Pool: No Pool
  • Other Structures: Above Grade, Below Grade
Utilities
Utilities
  • Heating: Yes
  • Cooling Type: Central A/C
  • Cooling Fuel: Electric
  • Heating Type: Central
  • Heating Fuel: Electric
  • Hot Water: Electric
  • Water Source: Public
  • Sewer Septic: Public Sewer
Confidential Data
Listing Office
  • List Agent AOR: Greater Philadelphia Association of REALTORS
  • List Agent URL: www.JimOnesti.com

Property History for 1730 Ridge Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1730 Ridge Avenue

Taxable ValueLand-Additions-Total-
Tax Record2024$2,520 ($210 / month)
Home Facts
Total Finished SqFt1,362 SqFtAbove Grade Finished SqFt1,362 SqFtStories1Lot Size1,416 SqFtStyleMulti-Family Res (5+ Units)Year Built1940ZoningCMX2.5CountyPHILADELPHIAAPN88-2-0067-07

Schools near 1730 Ridge Avenue

This home is within The School District of Philadelphia.
Rating
School
Type
Grades
Distance
Public - PK to 8
Public - 9 to 12
Public - 9 to 12
Public - 5 to 12
Rating
School
Distance
Bache-Martin School
PublicPK to 8

Franklin Benjamin High School
Public9 to 12

Franklin LC
Public9 to 12

Masterman Julia R Secondary School
Public5 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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1730 Ridge Avenue is a multi-family home for sale in Philadelphia, PA 19130. This property was listed for sale on January 7, 2025 by KW Empower, it's currently listed at $1,400,000. It has been on the market for a total of 5 days and was last sold on March 8, 2018. This listing's school district is The School District of Philadelphia. Nearby schools include Bache-Martin School, Franklin Benjamin High School and Franklin LC. 1730 Ridge Avenue is a 3-bed, 5-bath, 7,000 sqft multi-family home built in 1940.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of KW Empower

Based on information from one of the following Multiple Listing Services: BRIGHT, Greator Scranton Board of REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by BRIGHT, Greator Scranton Board of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.