For Sale
$3,200,000
2530 Ridge Ave Philadelphia, PA 19121
18-Unit Portfolio, 97% Occupancy
Overview
- Added:
- Dec 11, 2024
- Days on market:
- 134
Highlights
- Six-building multifamily portfolio totaling 18 units (31 bedrooms, 19 baths), 13,500 square feet.
- 97% occupancy, 9.41% cap rate, $301,010 NOI.
- $3,200,000 asking price ($177,778 per unit).
- Class B properties, meticulously renovated in 2022, located in Philadelphia, PA's RM1 zone.
- Most units leased to Philadelphia Housing Authority (PHA), guaranteeing rent payments.
Property Details for 2530 Ridge Ave
- Property type
- Residential income homes, Apartment buildings
- Class
- B
- Year Renovated
- 2022
- Buildings
- 6
- Units
- 18
Location Insight
- City
- Philadelphia
- County
- Philadelphia
- State
- Pennsylvania
- Latitude
- 39.9831003
- Longitude
- -75.1761508
Nearby Similar for Sale
FAQs
- What type of property is this?
- Residential income home - 18-Unit Portfolio, 97% Occupancy
- Where is the residential income home located?
- The property is located at 2530 Ridge Ave Philadelphia, PA.
- What is the asking price?
- The asking price for this property is $3,200,000.
- What are key features of this property?
- This property features: Six-building multifamily portfolio totaling 18 units (31 bedrooms, 19 baths), 13,500 square feet.; 97% occupancy, 9.41% cap rate, $301,010 NOI.; $3,200,000 asking price ($177,778 per unit).
- How can I contact the broker?
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