Property

Philadelphia, PA 19121 2406 Ridge Avenue

Pending
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Presented By: Philadelphia Homes
  • MLS# PAPH2318676
  • 02/03/2024
  • Request Tour
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  • Beds • 4
  • Full/Half Baths • 1 / 1
  • SQFT • 3,018

Home Details

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.
Presented By: Philadelphia Homes

Interior Features for 2406 Ridge Avenue

Bedrooms

Bedrooms Count All Upper Levels4
Bedrooms Count Upper Level 12
Bedrooms Count Upper Level 22
Main Level Bedrooms
Total Bedrooms4

Bathrooms

Bathrooms Half Main Level1
Bathrooms Full Upper Level 20
Bathrooms Full Upper Level 11
Bathrooms Full All Upper Levels1
Bathrooms Count Upper Level 20.00
Bathrooms Count Upper Level 11.00
Bathrooms Count All Upper Levels1
Half Baths1
Total Baths2

Other Interior Features

LivingAreaSourceEstimated
Above Grade Finished Area3018
Above Grade Finished Area SourceEstimated
Above Grade Finished Area Unit TypeSquare Feet
BasementUnfinished
Basement (Y/N)Yes
Central Air Y/NNo
Fireplace Y/NNo
Heating FuelNone
Hot WaterNone
Total Stories3

Other Rooms

Room TypeBasement

Room Details for 2406 Ridge Avenue

Basement

level Lower 1

General for 2406 Ridge Avenue

Acceptable FinancingCash, FHA, Negotiable
AccessibilityNone
Additional Parcels Y/NNo
Architectural StyleTraditional
Association Recreation FeeN
Bathrooms Count Main Level1.00
Bathrooms Full Main Level
CityPHILADELPHIA
Condo/Coop Association Y/NNo
Construction MaterialsMasonry
Contingency TypeHome Inspection, Radon, Other
Cool FuelNone
CoolingNone
CountyPHILADELPHIA
DirectionsProperty is on south side of Ridge Ave, near N 24th St.
DisclosuresAgent Related to Owner
Facing DirectionNorth
Full Baths1
Garage Y/NNo
HeatingNone
Home Owner AssocNo
Home Warranty Y/NNo
Lease Considered Y/NNo
Levels4
Location TypeUrban
Lot Size Square Feet1440.00
Lot Size UnitsSquare Feet
MLS Area19121 (19121)
ModificationTimestamp2024-08-14T05:08:41
MunicipalityPHILADELPHIA
New ConstructionNo
Other StructuresAbove Grade
Percent OwnershipFee Simple
PossessionSettlement
Price Per Sq Ft Total AG74.55
Property ConditionMajor Rehab Needed
Property TypeResidential
School DistrictTHE SCHOOL DISTRICT OF PHILADELPHIA
Senior Community Y/NNo
SewerPublic Septic
Standard StatusPending
StatusPENDING
Structure TypeEnd of Row/Townhouse
Subdivision NamePHILADELPHIA (NORTH)
Tax Annual Amount1571.0
Tax Assessed Value112300.0
Tax Lot311
Tax Year2022
Total SQFT3018
TransportationBus Stop less than 1 mile
Vacation Rental Y/NNo
Water Access Y/NNo
Waterfront Y/NNo
Year Built1915
Year Built SourceEstimated
ZoningCMX2
Zoning DescriptionMixed Use

Exterior for 2406 Ridge Avenue

Foundation DetailsOther
Land Assessed Value22400.00
Land Use CodeY50
Lot Dimensions18.00 x 80.00
Lot Size Acres0.03
Lot Size SourceEstimated
LotDimensionsSourceEstimated
Navigable Water Y/NNo
PoolNo Pool
Type of ParkingOn Street
Water Oriented Y/NNo
Water SourcePublic
Water View Y/NNo

Additional Details

Price History

Schools

Middle School N/A
High School Strawberry Mansion High School
Elementary School Kelley William Elementary School

Dessire Vega

Realtor Associate
Price $225,000
MLS#PAPH2318676
List Date 02/03/2024
Property Type Pending
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