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    1604 Ridge Avenue

    PHILADELPHIA, PA 19130
    • $675,000
    • STATUS: Active
    • ON SITE: 95 days
    • ID#: PAPH2003542
    UPDATED: 26 min ago
    $675,000
    • 0
      BEDS
    • 0.03
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Commercial
    Built:
    1920
    County:

    School Ratings & Info

    Description

    Welcome to 1604 Ridge Avenue, where the potential for investment opportunity is vast!!! This Franciville/Fairmount area property, boasting just under 3,000 square feet of space, is just 2 blocks west of North Broad Street and the Avenue of the Arts North, walkable to places like The Met Philadelphia, as well as SOUTH, Osteria and many other restaurants, and is located in the center of a bustling cultural hub with new condos, original homes and commercial corridors alike. This mixed-use property, zoned CMX2, has a commercial space on the 1st floor, currently a hair salon just under 1,000 sq feet (989). From the 1st floor space you can access the basement, a rear yard area, and there is a staircase toward the back of the 1st floor space that will take you up to a room, currently used for storage by the owner. This additional space has a full bathroom. Options for this 2nd floor space are plenty. It could be additional leasable space for a 1st floor tenant, or you could even expand the current 2nd floor apartment to make it even larger as a 2 or even 3 bedroom! Outside of the salon on the 1st floor, to the left is the door leading up to the 2 apartments upstairs. The 2nd floor consists of a beautifully renovated and spacious 1 bedroom apartment with open layout, stainless steel kitchen appliances and bathroom spacious enough to luxuriate in! Right outside of the 2nd floor apartment is the laundry closet exclusively for the 2nd floor tenant. The 2nd fl water heater is also in this closet. Walk through door at the rear of 2nd floor hallway to enter stairway to enter the space rented by the 3rd floor tenant. This stairway and hallway are exclusively for the 3rd floor apartment which is nearly identical to 2nd floor apartment, except the kitchen cabinets are a beautiful blue color. There is a laundry closet with water heater on the 3rd floor as well.

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    ©2021 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or Drayton Young. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2021-09-26T16:50:03.513.
    www.draytonyounggroup.com/homes/118606701
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    1604 Ridge Avenue PHILADELPHIA, PA 19130

    • Price: $675,000
    • Status: Active
    • Updated: 26 min ago
    • ID#: PAPH2003542
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.03
    Acres
    1920
    Built
    Neighborhood:
    19130 (19130)
    County:
    Philadelphia
    Area:
    19130 (19130)
    School District:
    The School District Of Philadelphia
    Property Description
    Welcome to 1604 Ridge Avenue, where the potential for investment opportunity is vast!!! This Franciville/Fairmount area property, boasting just under 3,000 square feet of space, is just 2 blocks west of North Broad Street and the Avenue of the Arts North, walkable to places like The Met Philadelphia, as well as SOUTH, Osteria and many other restaurants, and is located in the center of a bustling cultural hub with new condos, original homes and commercial corridors alike. This mixed-use property, zoned CMX2, has a commercial space on the 1st floor, currently a hair salon just under 1,000 sq feet (989). From the 1st floor space you can access the basement, a rear yard area, and there is a staircase toward the back of the 1st floor space that will take you up to a room, currently used for storage by the owner. This additional space has a full bathroom. Options for this 2nd floor space are plenty. It could be additional leasable space for a 1st floor tenant, or you could even expand the current 2nd floor apartment to make it even larger as a 2 or even 3 bedroom! Outside of the salon on the 1st floor, to the left is the door leading up to the 2 apartments upstairs. The 2nd floor consists of a beautifully renovated and spacious 1 bedroom apartment with open layout, stainless steel kitchen appliances and bathroom spacious enough to luxuriate in! Right outside of the 2nd floor apartment is the laundry closet exclusively for the 2nd floor tenant. The 2nd fl water heater is also in this closet. Walk through door at the rear of 2nd floor hallway to enter stairway to enter the space rented by the 3rd floor tenant. This stairway and hallway are exclusively for the 3rd floor apartment which is nearly identical to 2nd floor apartment, except the kitchen cabinets are a beautiful blue color. There is a laundry closet with water heater on the 3rd floor as well.
    Exterior Features

    Construction Materials Masonry Garage YN No Parking Types On Street Riparian Rights YN No Water Access YN No Water Oriented YN No Water View YN No Waterfront YN No

    Interior Features

    Building Area Total 2899.00 Cooling Central A/CDuctless/Mini-Split Heating Forced AirBaseboard - ElectricHot Water Heating YN Yes Net Square Feet 2899.00

    Property Features

    Acceptable Financing CashConventionalOther Accessibility Features Ramp - Main Level Assessment Year 2021 Association YN No Business Type Hair Salon And SpaMedicalOther/General RetailRestaurant/BarOther Central Air YN Yes Cooling Fuel Electric Heating Fuel Natural GasElectric Hot Water Natural Gas Municipality Philadelphia Navigable Water YN N New Construction YN No Number Of Units Total 7 Original MLSNumber 800787095396 Ownership Interest Fee Simple Possession 0-30 Days Cd31-60 Days CdImmediate Property Sub Type Mixed Use Sale Type Standard Sewer Public Sewer Tax Annual Amount 2436.00 Tax Assessment Amount 174000.00 Tax Lot 102 Vacation Rental YN No Water Source Public Zoning Cmx2.

    Listing courtesy of Realty Mark Associates-Cc.


    ©2021 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or Drayton Young. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2021-09-26T16:50:03.513.
     
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