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Listed by Colby Wallace • Mercury Real Estate Group
$1,170,000
Est. payment /mo
6,400 Sqft Lot
New
2409 W RIDGE AVE Philadelphia, PA 19121
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Key Details
Property Type Commercial
Sub Type Five Or More Units
Listing Status Active
Purchase Type For Sale
Subdivision Brewerytown
MLS Listing ID PAPH2666930
Year Built 2020
Annual Tax Amount $807
Tax Year 2025
Lot Size 6,400 Sqft
Acres 0.15
Property Sub-Type Five Or More Units
Source BRIGHT
Property Description
Two Properties- 2409 Ridge Ave, Triplex & 2404 W Montgomery Ave Duplex
A standout opportunity to own two separate newer-construction buildings being sold together at 2409 Ridge Avenue and 2404 W. Montgomery Avenue. Built just five years ago, this unique five-unit offering includes a triplex on Ridge Avenue and a duplex on Montgomery Avenue, with approximately five years remaining on the Philadelphia tax abatement. The property consists of four 2-bedroom, 2-bath residences and one impressive 3-bedroom, 3-bath residence, with only one of the five units currently vacant. Inside, the residences feature high-end modern finishes, huge windows, expansive living spaces, high ceilings, oversized kitchens, gas cooking, and full-size laundry. Every unit is equipped with Nest thermostats, wired intercom/security systems, and built-in speaker wiring, bringing smart-home convenience throughout the property, including a penthouse with a massive private roof deck and Center City views, plus another spectacular roof deck serving the Montgomery Avenue building. Outdoor space, dramatic windows, and thoughtful layouts give these apartments the kind of features that consistently stand out in the rental market. Located near Temple University, Center City, Brewerytown, Sharswood, and Philadelphia's historic attractions, this is a rare chance to acquire a mostly occupied, newer-construction five-unit investment spread across two completely separate buildings. Both properties are being sold together.
A standout opportunity to own two separate newer-construction buildings being sold together at 2409 Ridge Avenue and 2404 W. Montgomery Avenue. Built just five years ago, this unique five-unit offering includes a triplex on Ridge Avenue and a duplex on Montgomery Avenue, with approximately five years remaining on the Philadelphia tax abatement. The property consists of four 2-bedroom, 2-bath residences and one impressive 3-bedroom, 3-bath residence, with only one of the five units currently vacant. Inside, the residences feature high-end modern finishes, huge windows, expansive living spaces, high ceilings, oversized kitchens, gas cooking, and full-size laundry. Every unit is equipped with Nest thermostats, wired intercom/security systems, and built-in speaker wiring, bringing smart-home convenience throughout the property, including a penthouse with a massive private roof deck and Center City views, plus another spectacular roof deck serving the Montgomery Avenue building. Outdoor space, dramatic windows, and thoughtful layouts give these apartments the kind of features that consistently stand out in the rental market. Located near Temple University, Center City, Brewerytown, Sharswood, and Philadelphia's historic attractions, this is a rare chance to acquire a mostly occupied, newer-construction five-unit investment spread across two completely separate buildings. Both properties are being sold together.
Location
State PA
County Philadelphia
Area 19121 (19121)
Zoning CMX2
Interior
Hot Water Natural Gas
Heating Central
Cooling Central A/C
Heat Source Natural Gas
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 472089600
Ownership Fee Simple
Special Listing Condition Standard
Nearby Locations
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