Alexander Frederick
This listing was posted on RealtyWW.
$240,000
Ridge Ave, Philadelphia, Home For Sale
Price:
$240,000
Location:
2150 Ridge Ave, Philadelphia, PA
Description:
INVESTOR SPECIAL: Welcome to 2150 Ridge Ave, a 3-unit multi-family property in the desirable Sharswood neighborhood! Currently, two of the three units are rented, generating a potential cash flow of $2, 250 per month with a strong 9% cap rate. The vacant unit 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. Dont miss out!For more details: https://realtyww.info/homes_philadelphia-d523146/for-sale_i75521789
Property Type:
Single-Family Houses
Posted:
August 29 on RealtyWW
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More About this Listing: Ridge Ave, Philadelphia, Home For Sale
Ridge Ave, Philadelphia, Home For Sale is a Single-Family Homes for Sale at 2150 Ridge Ave in Philadelphia PA. Find other listings like Ridge Ave, Philadelphia, Home For Sale and listings near 2150 Ridge Ave by searching Oodle Classifieds for Single-Family Homes for Sale in Philadelphia PA.
Ridge Ave, Philadelphia, Home For Sale is a Single-Family Homes for Sale at 2150 Ridge Ave in Philadelphia PA. Find other listings like Ridge Ave, Philadelphia, Home For Sale and listings near 2150 Ridge Ave by searching Oodle Classifieds for Single-Family Homes for Sale in Philadelphia PA.