Philadelphia, PA 19121,2518 RIDGE AVE
Philadelphia, PA 19121,2518 RIDGE AVE
Philadelphia, PA 19121,2518 RIDGE AVE
Philadelphia, PA 19121,2518 RIDGE AVE
Philadelphia, PA 19121,2518 RIDGE AVE
Philadelphia, PA 19121,2518 RIDGE AVE
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
Fri
16
May
Sat
17
May
Sun
18
May
Listed by Niaz Butt • Honest Real Estate
$ 600,000
Est. payment | /mo

3,004 SqFt


Save
$ 600,000
Est. payment | /mo
Save

3,004 SqFt

Key Details

Property Type Multi-Family, Townhouse

Sub Type Interior Row/Townhouse

Listing Status Active

Purchase Type For Sale

Square Footage 3,004 sqft

Price per Sqft $199

MLS Listing ID PAPH2477770

Style Bi-level,Contemporary

Abv Grd Liv Area 2,304

Year Built 2020

Annual Tax Amount $1,668

Tax Year 2024

Lot Size 1,024 Sqft

Acres 0.02

Lot Dimensions 16.00 x 64.00

Property Sub-Type Interior Row/Townhouse

Source BRIGHT

Property Description

Newer Construction Duplex – Prime Investment Opportunity with Strong Cash Flow

Don't miss this excellent opportunity to own a high-performing newer construction duplex with strong rental income and low maintenance! Each spacious unit features 3 bedrooms and 3 full bathrooms, offering modern layouts perfect for tenants seeking comfort and convenience.

Both units are equipped with in-unit washer and dryer, and enjoy quality finishes throughout. The property currently generates $3,925 per month in rental income from stable, long-term tenants with a solid payment history—ideal for investors looking for steady cash flow from day one.

Additional highlights include:

5 years remaining on the tax abatement, significantly reducing operating expenses

Newer construction – minimal maintenance required

Tenants pay flat utility fee

High rental demand area with strong tenant retention

Whether you're an investor looking to expand your portfolio or a buyer seeking to live in one unit while renting the other, this is a turn-key property you won't want to miss.

Location

State PA

County Philadelphia

Area 19121 (19121)

Zoning RM1

Rooms

Basement Fully Finished

Interior

Hot Water Electric

Heating Forced Air

Cooling Central A/C

Inclusions All appliances in as is condition

Fireplace N

Heat Source Electric

Exterior

Water Access N

Roof Type Other

Accessibility None

Garage N

Building

Foundation Permanent

Sewer Public Sewer

Water Public

Architectural Style Bi-level, Contemporary

Additional Building Above Grade, Below Grade

New Construction Y

Schools

School District Philadelphia City

Others

Tax ID 322219300

Ownership Fee Simple

SqFt Source Assessor

Security Features Fire Detection System,Sprinkler System - Indoor

Acceptable Financing Cash, Conventional, FHA

Listing Terms Cash, Conventional, FHA

Financing Cash,Conventional,FHA

Special Listing Condition Standard

Bright MLS (BMLS)
agent-avatar

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(267) 340-1034

scott@honestrealestate.com

12320 Academy Rd, Philadelphia, PA, 19154-1928, USA

GET MORE INFORMATION

Name
Phone*
Message

Go tour this home

2518 RIDGE AVE