7372 Henry Avenue is a large development opportunity. Currently consisting of 3.4 Acres (148,000 square feet parcel ) of RSA-3 land and a church/school building. The building is currently leases month to month to a church congregation. Possible developments include a "by right" subdivision for an estimated 19 detached single family homes. Any interest should be brought to the attention of the listing agent directly and or for additional information and showings. Call or text/email listing agent's cell.
Strong cash flow coupled with substantial rental upside awaits @ 6526 Ridge Avenue in Roxborough â a five (5) unit, fully-leased hybrid development optimally situated atop NW PHL with a full 10 year tax abatement and 100% occupancy. Included in the offering are three (3) newly built 4bd x 3.5ba townhomes (along Delmar St) with garage + driveway parking (2-car parking each), balconies and rooftop terraces. Also included is a historic, vintage duplex repurposed with many of the same modern fittings and finishes seen in the townhomes, situated on a prime corner lot in the coveted Roxborough submarketâoffering the perfect blend of city and suburban lifestyles. The duplex facing Ridge Avenue includes two (2) bi-level apartmentsâ a 1bd x 1ba unit and a 2bd x 1.5ba unit. The Property is offered well below replacement costs and is set up as a condominium so the future owner can subdivide each property and profitably sell off assets individually if desired, as an alternative exit strategy. The area is known for extreme demand from both homeowners and renters alike, and is walkable to a bevy of amenities and natural areas like Gorgas Park, Wissahickon Valley Park and Fairmount Park. Easy access into downtown Philly and University City, as well as the regional suburban employment centers. Tons of amenities, shops, restaurants and cafes are within walking distance along Ridge Avenue, the neighborhood's prime commercial corridor. This prime Philadelphia real estate offering is available immediatelyâfeaturing two of the most resilient asset classesâsingle family rental + multifamily.
Located on a thriving corner in Roxborough this income-generating, Mixed-use, 6-Unit property features 1 Commercial Unit and 5 modern Residential Apartments. The Apartments have an open-concept layout, stylish Kitchens and Bathrooms with Stainless Steel Appliances, and in-unit Laundry. The long term Commercial Tenant is a well-established Dental Office. All Units are currently occupied. This property offers easy access to local amenities, including shops, restaurants, parks, and public transportation, not to mention Santucciâs Restaurant right at your fingertips! Roxborough residents and businesses are reinventing this community, redefining it for a new generation. Come and be a part of this vibrant community!
**Mixed Use Building with 3 Units with 1 Commercial space & CMX2.5 ZONING**. Over 5000 sq ft lot! ÂThis historic building is in tip-top shape throughout! ÂThere is a commercial space that is rented for $2500 per month with a long-term tenant. ÂInside the building is set up for 3 units. ÂUnit 1 is the biggest space and has the most potential. ÂIt consists of a living room, dining room, kitchen and half bath on the first floor. ÂThis unit has direct access to the expansive backyard unlike anything you have seen in Roxborough. ÂIt has plenty of space to entertain, garden, has 2 storage sheds, a storage closet and half bath, and a secure driveway for 2 cars. ÂHead upstairs and you will find two more rooms and a large updated bathroom with shower and tub! ÂThis unit also has access to the basement for storage and laundry. ÂUnit 2 features a large living room, an updated kitchen, an updated bathroom, one large bedroom and one smaller bed, hardwood floors, Âand each room has it's own mini split ductless AC unit. ÂThis unit also has laundry in a closet in the kitchen area. ÂUnit 3 is on the top floor. ÂIt is a one-bedroom apartment. ÂThe pictures of this unit are set up in the reverse way someone would normally set it up. ÂThere is a bedroom with a bathroom in the bedroom and one additional room that would serve as the kitchen and living room. ÂCurrently, the kitchen features a small fridge, a few cabinets, and a sink. ÂA stove would need to be added. Projected rents for all 4 units is $7,000 per month and $84,000 annually.
A Roxborough Institution! Bob's Diner has been a mainstay on "the Ridge" for three generations and it is as popular as ever with quality food and a loyal following of locals and non-locals alike. This well-maintained diner seats 66 people at full capacity. The current owner has been in charge for the last 30 plus years and has been very successful. All of the equipment and fixtures have been updated as needed through the years. Seller is willing to train a new buyer. The location is fabulous, right in the middle of town and just a few blocks from Manayunk. All new roofing system installed in November 2022. Great opportunity to take over a thriving business in a community that is seeing rapid growth in residential housing!
The median home value in Philadelphia, PA is $205,900. This is lower than the county median home value of $223,800. The national median home value is $338,100. The average price of homes sold in Philadelphia, PA is $205,900. Approximately 47.02% of Philadelphia homes are owned, compared to 42.7% rented, while 10.28% are vacant. Philadelphia real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Philadelphia real estate agent to arrange a tour today!
Philadelphia, Pennsylvania 19128 has a population of 1,596,865. Philadelphia 19128 is less family-centric than the surrounding county with 20.04% of the households containing married families with children. The county average for households married with children is 21.3%.
The median household income in Philadelphia, Pennsylvania 19128 is $52,649. The median household income for the surrounding county is $52,649 compared to the national median of $69,021. The median age of people living in Philadelphia 19128 is 34.8 years.
The average high temperature in July is 87 degrees, with an average low temperature in January of 26 degrees. The average rainfall is approximately 47.2 inches per year, with 13.1 inches of snow per year.