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Sold for $445,000
  • $445,000

    1805 Ridge Ave, Philadelphia, PA 19130

    --beds
    0baths
    6,260sqft
    MultiFamily
    Built in 2023
    -- sqft lot
    $1,579,400 Zestimate®
    $71/sqft
    $1,860 Estimated rent

    Home value

    $1,579,400

    $1.41M - $1.78M

    $1,860/mo

    Zestimate® history
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    Owner options

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    $1,860/mo

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    $1,860/mo

    Rent Zestimate®

    Refinance and save

    $2,658/mo

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    $2,658/mo

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    What's special

    We are proud to present 1805 Ridge Avenue. This new construction 6 unit multifamily (5 residential and 1 commercial space) building. Being offer at a 6.6% cap rate. It comes with an approved FULL 10 YEAR TAX ABATMENT and 1 year builder warranty. Featuring a first floor commercial space, (1) studio apartment, (2) two bedroom, two full bathroom full floor apartments, and (2) two bedroom, two and a half bathroom bi-level apartments, each with a private roof deck. Each apartment is finished with high-end quality finishes to attract and retain tenants. Located in the heart of Francisville, 4 blocks from The Divine Lorraine, short walk to public transportation (SEPTA Girard/Broad St Station), The Met Philadelphia, along with coffee shops and restaurants. The Francisville neighborhood is popular among renters due to its close proximity to Center City and Temple University and all the amenities that are walkable (supermarkets, coffee shops and restaurants, public transportation, entertainment venues and fitness studios). Reach out for more details and info, including pro forma.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bathrooms: 0
    Cooling
    • Central
    Appliances
    • Included: Dishwasher, Dryer, Microwave, Refrigerator, Washer
    Interior area
    • Total interior livable area: 6,260 sqft

    Property

    Features
    • Exterior features: Brick
    • Has view: Yes
    • View description: Territorial
    Lot
    • Size: 1,306 sqft
    Details
    • Parcel number: 881443254

    Construction

    Type & style
    • Home type: MultiFamily
    Condition
    • Year built: 2023

    Community & neighborhood

    Location
    • Region: Philadelphia

    Price history

    DateEventPrice
    8/14/2024Listing removed$1,999,000+349.2%$319/sqft
    Source: Bright MLS #PAPH2300168 Report a problem
    5/13/2024Sold$445,000-77.7%$71/sqft
    Source: Public Record Report a problem
    11/26/2023Listed for sale$1,999,000$319/sqft
    Source: Bright MLS #PAPH2300168 Report a problem
    10/6/2023Listing removed--
    Source: Long & Foster Broker Feed Report a problem
    9/7/2023Price change$1,999,000-4.8%$319/sqft
    Source: Bright MLS #PAPH2269198 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$16,060 $1,147,300
    2024$16,060 +6%$1,147,300
    2023$15,156 $1,147,300

    Find assessor info on the county website

    Neighborhood: Francisville

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • District: THE SCHOOL DISTRICT OF PHILADELPHIA

    Source: The MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value
    $1,579,400
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $1,579,400