1730 Ridge Ave

Highlights:

• Days on Market: 33
• Heating: Central

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 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.).