$1,275,000
$1,595,775
20.1%For more information regarding the value of a property, please contact us for a free consultation.
4,572 SqFt
SOLD DATE : 11/21/2024
Key Details
Sold Price $1,275,000
Property Type Commercial
Sub Type Five Or More Units
Listing Status Sold
Purchase Type For Sale
Square Footage 4,572 sqft
Price per Sqft $278
MLS Listing ID PAPH2381600
Sold Date 11/21/24
Originating Board BRIGHT
Year Built 2024
Annual Tax Amount $1,181
Tax Year 2024
Lot Size 2,650 Sqft
Acres 0.06
Lot Dimensions 20.00 x 133.00
Property Description
Introducing 3919 Ridge: a boutique six-unit multi-family building for sale on the fast-growing Ridge Avenue in the Paradise neighborhood of Philadelphia, just on the edge of East Falls. This turn-key building offers a low-maintenance investment opportunity with 4,572 sq ft of brand-new construction (1 junior one-bedroom and 1 two-bedroom on each of 3 floors), a one year builder's warranty, and the full 10 year graduated Tax abatement. The apartments feature a modern kitchen with quartz counters, contemporary cabinetry, and stainless steel appliances. This thoughtfully designed building includes oversized windows, available Juliet balconies, wood-look LVP floors, recessed LED lighting throughout, high-efficiency HVAC and hot water, and washer and dryer in all units. The layouts are extremely efficient and filled with natural light. Walkable to East Falls borough with plenty of shops, amenities, bars, restaurants, and cafes. Easy access into Center City Philly and University City and equally convenient to the PA suburbs. Conveniently located in the Paradise Neighborhood, a small section of Allegheny West adjacent to East Falls. Bordering the Schuylkill River and Fairmount Park with more than 2,000 acres of rolling hills, gentle trails, relaxing waterfront, and shaded woodlands, keeping a wealth of natural landscapes in close reach. Easy access to neighboring East Falls and nearby Manayunk as well as a quick commute to Center City. All that plus Kelly and MLK Drives are every bicyclist's, jogger's, and dog walker's dream. Highway access couldn't be better with neighborhood on-ramps offering close proximity to both Route 1 and I-76 with access to the Pennsylvania Turnpike and I-95
Location
State PA
County Philadelphia
Area 19132 (19132)
Zoning RSA5
Interior
Hot Water Electric
Heating Central
Cooling Central A/C
Heat Source Electric
Exterior
Water Access N
Accessibility None
Garage N
Building
Sewer Public Sewer
Water Public
New Construction Y
Schools
School District The School District Of Philadelphia
Others
Tax ID 382243500
Ownership Fee Simple
SqFt Source Assessor
Special Listing Condition Standard
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