New construction
    • $1,150,000

    1602 Ridge Ave, Philadelphia, PA 19130

    3beds
    --baths
    2,704sqft
    : 
    Townhouse
    Built in 1920
    -- sqft lot
    $1,113,000 Zestimate®
    $425/sqft
    $-- HOA

    What's special

    Stylish living spaceModern exteriorElegant wrought-iron balconiesWell-appointed one-bedroom apartmentsDistinctive stoneworkCrisp white brick
    Turn-Key Investment in the Heart of Fairmount An incredible opportunity to own a fully leased new construction property in one of Philadelphia’s fastest-growing neighborhoods. Offering more than $103,000 in projected net annual income and a strong 8.75% cap rate, this is a true plug-and-play investment. The building’s modern exterior sets the tone with its distinctive stonework, crisp white brick, and elegant wrought-iron balconies. The street-level commercial suite spans two floors, with dramatic 12-foot ceilings on the main level and an additional lower level with 8-foot ceilings — ideal for long-term tenant use. Above the commercial space are well-appointed one-bedroom apartments, each thoughtfully laid out with approx. 730 sq. ft. of stylish living space. Features include: •
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