INVESTOR SPECIAL: Welcome to 2150 Ridge Ave, a 3-unit multi-family property in the desirable Sharswood neighborhood! Currently, one of the three units are rented (#1- $700). The building could generate a potential cash flow of $2,250 per month with a strong 9% cap rate. The vacant units could be rented as-is for $800/month, however, this property offers an excellent investment opportunity, with the potential to increase rents up to $1,000 per unit with basic cosmetic updates. Additionally, Section 8/PHA approval could nearly double rents to around $1,300 per unit. Conveniently located near public transportation, Brewerytown, grocery stores, laundromats, the Stephen Klein Wellness Center, and more, this property is a prime candidate for maximizing your investment in a rapidly developing area. Don’t miss out!
Sold for $200,000
Zillow last checked:
Listing updated:
Bought with:
Porcha Lee
Jason Mitchell Group
Source: Bright MLS,MLS#: PAPH2390748
Price history
| Date | Event | Price |
|---|---|---|
| 2/24/2025 | Sold | $200,000-16.7%$129/sqft |
Source:  Bright MLS #PAPH2390748 Report a problem | ||
| 1/10/2025 | Pending sale | $240,000$155/sqft |
Source: Bright MLS #PAPH2390748 Report a problem | ||
| 12/6/2024 | Listed for sale | $240,000$155/sqft |
Source: Bright MLS #PAPH2390748 Report a problem | ||
| 11/25/2024 | Contingent | $240,000$155/sqft |
Source: Bright MLS #PAPH2390748 Report a problem | ||
| 8/28/2024 | Listed for sale | $240,000$155/sqft |
Source: Bright MLS #PAPH2390748 Report a problem | ||
| 8/22/2024 | Listing removed | -- |
Source: Bright MLS #PAPH2338308 Report a problem | ||
| 7/2/2024 | Price change | $240,000-4%$155/sqft |
Source: Bright MLS #PAPH2338308 Report a problem | ||
| 5/1/2024 | Price change | $249,900-9.1%$162/sqft |
Source: Bright MLS #PAPH2338308 Report a problem | ||
| 4/2/2024 | Listed for sale | $275,000+1045.8%$178/sqft |
Source: Bright MLS #PAPH2338308 Report a problem | ||
| 9/30/2021 | Listing removed | -- |
Source: Zillow Rental Network Premium Report a problem | ||
| 8/26/2021 | Price change | $875-7.9%$1/sqft |
Source: Zillow Rental Network Premium Report a problem | ||
| 8/17/2021 | Listed for rent | $950$1/sqft |
Source: Zillow Rental Network Premium Report a problem | ||
| 8/25/2009 | Sold | $24,000+1500%$16/sqft |
Source: Agent Provided Report a problem | ||
| 10/27/1982 | Sold | $1,500$1/sqft |
Source: Agent Provided Report a problem | ||
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