Property
Philadelphia, PA 19123 1029 Ridge Avenue
$1,888,000
5 more
Presented By: Liberty Real Estate
SQFT • 13,341
Home Details
This building has been completely renovated a few years ago. There are 5 residential unit plus one commercial unit on the first floor. The landlord is currently using the first floor commercial space. The other 5 units are leased out. Its a turn key business. It has very high cap rate compared to other properties in Chinatown area. The property in this area tend to appreciate unexpectedly. Come and check it out.
Presented By: Liberty Real Estate
Interior Features for 1029 Ridge Avenue
Other Interior Features
Central Air Y/NYes
Heating FuelElectric
Heating Y/NYes
Hot WaterElectric
General for 1029 Ridge Avenue
AccessibilityNone
Business TypeBed and Breakfast, Apartment Building, Hair Salon and Spa
CityPHILADELPHIA
Construction MaterialsBrick, Block, Concrete
Cool FuelElectric
CoolingCentral A/C
CountyPHILADELPHIA
DirectionsTake 11th Street turn right on Hamilton Street
HeatingCentral
Lot Size Square Feet4792.00
Lot Size UnitsSquare Feet
MLS Area19123 (19123)
ModificationTimestamp2025-06-19T13:38:13
MunicipalityPHILADELPHIA
New ConstructionNo
OwnershipFee Simple
PossessionImmediate
Possible UseApartments
Price Per Sq Ft Total AG314.67
Property SubtypeMixed Use
Property TypeCommercial Sale
SewerPublic Sewer
Standard StatusActive
StatusACTIVE
Subdivision NameCHINATOWN
Tax Annual Amount1587.0
Tax Assessed Value19200.0
Tax Year2003
Vacation Rental Y/NNo
Water Access Y/NNo
Year Built1903
Year Built SourceEstimated
ZoningINDUS
Exterior for 1029 Ridge Avenue
Building Area Total6000.00
Land Assessed Value3680.00
Lot Size Acres0.11
Lot Size SourceEstimated
Navigable Water Y/NNo
Total Loading Docks
Total Parking Spaces0
Type of ParkingNone
Water Oriented Y/NNo
Water SourcePublic
Water View Y/NNo
Waterfront Y/NNo
Additional Details
Price History
Tina Torres
Broker/Owner