1600 Ridge Ave, Philadelphia, PA 19130

Philadelphia
Local realty services provided by:Better Homes and Gardens Real Estate GSA Realty
1600 Ridge Ave,Philadelphia, PA 19130
$1,595,000
  • 6 Beds
  • - Baths
  • 7,150 sq. ft.
  • Multi-family
  • Active
Listed by: stacy l sanseverino
Office: kw empower
MLS#:PAPH2673696
Source:BRIGHTMLS

Price summary

  • Price:$1,595,000
  • Price per sq. ft.:$223.08

About this home

Investors, take notice! This 2023 new-construction 4-unit property offers the best of both worlds: the benefits of newer construction, time-tested over the past three years, plus approximately six years remaining on the full 10-year tax abatement. The property includes a commercial first-floor and basement space leased to a convenience store for $3,100/month NNN plus a $100/month flat water fee through October 2030, along with three spacious 2-bedroom, 2-bath residential apartments currently rented for $2,250, $2,250, and $2,350 per month. Designed with privacy and flexibility in mind, each residential unit features bedrooms positioned on opposite sides of the apartment, making the layout ideal for platonic roommates, couples, families with children or frequent guests, or those who work from home. The primary bedroom, with an ensuite bath, is located on the Ridge Avenue side, while the second bedroom and hall bath are on the 16th Street side. Each apartment features a spacious kitchen...

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Home facts

  • Year built:2023
  • Subdivision & Development:FRANCISVILLE
  • Listing ID #:PAPH2673696
  • Added:1 day(s) ago
  • Updated:September 25, 2026 at 05:55 PM

Rooms and interior

  • Bedrooms:6
  • Flooring:Ceramic Tile, Luxury Vinyl Plank
  • Kitchen Description:Dishwasher, Microwave, Oven/Range - Gas, Refrigerator
  • Basement:Yes
  • Basement Description:Full, Fully Finished
  • Living area:7,150 sq. ft.

Heating and cooling

  • Cooling:Central A/C
  • Heating:Forced Air, Natural Gas

Structure and exterior

  • Year built:2023
  • Building area:7,150 sq. ft.
  • Lot area:0.03 Acres
  • Lot Features:Corner, Irregular, Urban
  • Architectural Style:Contemporary
  • Construction Materials:Masonry
  • Foundation Description:Concrete Perimeter

Schools

  • High school:BENJAMIN FRANKLIN
  • Middle school:LAURA W. WARING
  • Elementary school:LAURA W. WARING

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$1,595,000
  • Price per sq. ft.:$223.08
  • Tax amount:$3,683 (2027)

Parking

  • Parking description:On Street

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