1607 Ridge Avenue Philadelphia, PA 19130 Municipality: Philadelphia

Multi-Family Residence

Beds

Baths

6,800 Sq. Ft.

0.05 Acre Lot

Property Activity

Time on Site

days

Days on Market

Views

Saves

Last updated on 11/13/2024 2:13 PM

Listing Details

"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 Air...bnb 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." Continue reading

MLS#

PAPH2368988

Property Type

Multi-Family

Year Built

2019

Square Feet

6,800 sq. ft

Lot Size

0.05

Sewer

Public Sewer