Active
1607-9 Ridge Ave
Philadelphia PA, 19130
$2,690,000
Active
Commercial
Built in 2019
"Exceptional Investment Opportunity with Established Airbnb Income! Presenting 1607 Ridge Ave, a lucrative property featuring 7 units and 1 commercial storefront in a thriving location. Currently with Airbnb licensing secured .the second and third floors are generating substantial income through Airbnb partnerships, bringing in a combined $11,000 per month. These floors include three spacious 2-bedroom, 2-bathroom units and three comfortable 1-bedroom, 1-bathroom units, each designed for modern comfort and convenience.
Additionally, the ground floor studio generates $1,800 per month in rental income, offering a stable residential option. , The commercial storefront presents a lucrative opportunity with a rental potential of around $2,200 per month.
"Located in a lively neighborhood with convenient access to nearby amenities, attractions, and transportation options, this property offers not only a lucrative investment opportunity but also significant growth potential in both residential and commercial sectors. Take advantage of this opportunity to acquire a well-positioned property with diversified income streams."
PAPH2368988
MLSⓇ ID
June 22, 2024
Listed
September 19, 2024
Updated
Map
1607-9 Ridge Ave
Philadelphia PA, 19130
Interior Features
Fireplace
No
Cooling
Yes
Cooling Description
Central Air
Heating
Yes
Heating Description
Central
Exterior/Building Features
Lot Size
0.05 Acres
Sewer
Public Sewer
Other Property Details
Area Name
PHILADELPHIA
Taxes
$4,291
Tax Frequency
Annually
Days on Market
65
Garage
No
Parking
On Street
View
No
County
PHILADELPHIA
Water Source
Public
Pool
No
Listed by zhibin xu, with BY Real Estate
Listing Contact: 9178335337
The IDX display contains information sourced from the Bright MLS, Inc. as of 9/19/2024. This data is intended solely for personal, non-commercial use and is not to be utilized for any other purposes except to identify potential properties for purchase. Although the MLS data displayed is typically considered reliable, it is not guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. Any compensation offers are solely made to participants of the MLS where the listing is registered.
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Data last updated on 9/19/2024 at 9:23 PM UTC
