2522 Ridge Avenue Philadelphia, PA $ 675,000
2522 Ridge Avenue
$ 675,000
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2522 Ridge Avenue

Philadelphia, PA, 19121
$ 675,000
Baths0.0

Monthly Estimate*

$ 4,486

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Studio

Commercial Property for sale in Philadelphia, PA

for $675,000. This building was built in 1915 on a lot size of 0.06.

Prime Investment Opportunity in Brewerytown with Approved Plans for Two Triplexes: Take advantage of this excellent chance for an investor to revitalize over 4,000 sq ft in the thriving Brewerytown neighborhood. The package includes both 2522 and 2524, zoned RM1 and sold together. 2522, spanning 1998 sq ft, offers a thoughtfully designed layout with approximately 4 bedrooms and 1 bath on the top floor, along with 2 bedrooms and 1 bath on the first floor. Meanwhile, 2524, with 2063 sq ft, features a commercial space on the first floor, complete with a half bath. Two sets of steps lead to the second and third floors, where you'll find 2 bedrooms and 1 bathroom. What sets this opportunity apart is that both properties come with fully approved plans for two triplexes, allowing you to maximize the potential of these spaces. Seize this incredible chance to transform and elevate these properties into lucrative triplexes in the flourishing Brewerytown neighborhood. Don't miss out on this promising venture with approved plans ready for implementation.

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Commercial Active

Price

$ 675,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 1,466

Style

Apartment Building

Lot Size

0.06

Year Built

1915

Town/City

Philadelphia

County/Region

Philadelphia

MLS | Web ID

PAPH2317144

Features
Interior
Heating Fuel Natural Gas
Hot Water Natural Gas
Heating Y/N Y
Street Suffix AVENUE
Central Air Y/N N
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General
Sewer Public Sewer
Heating Forced Air
Cooling None
Possession Settlement
Zoning RM1
Construction Materials Masonry
Year Built 1915
Property SubType Five Or More Units
Tax Year 2023
Percent Ownership Fee Simple
Cool Fuel None
Municipality PHILADELPHIA
Business Type Apartment Building
Accessibility None
County PHILADELPHIA
New Construction N
Property Type Commercial Sale
Subdivision Name BREWERYTOWN
Water Access Y/N N
Status ACTIVE
Directions 25th to Ridge
City PHILADELPHIA
Buyer Agent Compensation 2.5
Total Units 6
MLS Area 19121 (19121)
Lot Size Square Feet 2468.00
Waterfront Y/N N
Street Name RIDGE
Tax Annual Amount 1466.0
Price Per Sq Ft Total 166.22
Vacation Rental Y/N N
Days on Market 110
Standard Status Active
Year Built Source Assessor
Tax Lot 272
Buyer Agent Compensation Type % Of Gross
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Exterior
Water Source Public
Type of Parking None
Water View Y/N N
Building Area Total 4061.00
Lot Dimensions 32.00 x 75.00
Lot Size Acres 0.06
Lot Size Units Square Feet
Lot Size Source Estimated
Land Assessed Value 20900.00
Navigable Water Y/N N
Water Oriented Y/N N
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Internal Only
Street Number 1 2522
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* Excluded Features
List By
Kw Empower

Broker

cxm5003@comcast.net

Email

Affordability Calculator

$4,608
Per Month
97%
3%
0%
Monthly Principal & Interest
$4,486
Monthly Property Taxes
$122
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
2136830 Elementary School
2137124 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
3/2/2024$675,000 -3.43% Price Down
2/13/2024$699,000 -12.63% Price Down
1/30/2024$800,000 Listed Price

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2522 Ridge Avenue, Philadelphia, PA, 19121 is a Commercial Property for sale at $675,000 with a lot size of 0.06. 2522 Ridge Avenue is a studio with 0.0 baths and was built in 1915. The property's zip code is 19121 which is in Philadelphia, PA