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2406 Ridge Ave
North CentralPhiladelphiaPA 19121

$225,000
Sale Under Contract
Tools
Size
4
Bedrooms
1
Full Bath
1,440 Sq Ft.
interior
Financial
$225,000
Change Currency
$156
Price Per Sqft
$1,571
Annual taxes
Listing Details
Condo / Townhouse
Property type
1915
Year Built
Strawberry Mansion
Schools
10407354
Web Id
2760440-PAPH2318676
MLS ID
139
Days Posted

Description

2406 Ridge Ave,

Philadelphia, PA 19121

Discover an exceptional investment opportunity in the vibrant Brewerytown/Sharswood area of Philadelphia! Presenting 2406 Ridge Avenue, a dynamic property offering over 3,000 sq ft of mixed-use space, poised for transformation. This property features a commercial space on the first floor, previously operated as a beauty salon, offering a fantastic foundation for a variety of business ventures. Exclusive access to the expansive residential quarters is available through a private entrance, leading to the second and third floors where spacious living areas await revitalization. Bedroom and bathroom counts are estimated as building requires rehab and can be redone as you see fit!Nestled in a rapidly developing neighborhood, this property stands in a QOZ (Qualified Opportunity Zone), maximizing potential tax benefits for investors. The location is unbeatable, situated amidst a plethora of local amenities in the 19121 zip code area from eclectic dining and vibrant nightlife to cultural hotspots and lush parks. Proximity to public transportation ensures easy access throughout Philadelphia, making it a highly desirable location for both commercial and residential tenants.Sold AS IS, this property requires rehabilitation, offering a blank canvas to craft a bespoke investment tailored to the evolving demands of this up-and-coming neighborhood. Whether you're looking to inject new life into the commercial space or remodel the residential units for rental or sale, 2406 Ridge Avenue is a prime canvas for visionary investors. Don't let this remarkable opportunity slip by envision the potential and make your mark in Brewerytown/Sharswood.

Price History

datePricevariancetype
6/11/2024$225,000-Contract
2/2/2024$225,000-Listed
Listing By: Philadelphia Homes via Data Source: Bright MLS 
listing agent: Karen Ehrlich


Located at 2406 Ridge Ave, Philadelphia, Pennsylvania 19121, North Central neighborhood, this Condo / Townhouse is for Sale with a price of $225,000 USD. The property was built in 1915, includes 4 bedrooms, has 1 full baths. This listing has 1,440 Sq.Ft. of interior space. See all Homes for Sale in North Central.
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