$2,690,000
( )
 $14,441 est/mo Sourced by Back At You

1607-9 Ridge Ave , Philadelphia, PA 19130

Philadelphia, PA 19130

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Description

"Exceptional Investment Opportunity with Established Airbnb Income! Presenting 1607 Ridge Ave, a lucrative property featuring 7 units and 1 commercial storefront in a thriving location. Currently with Airbnb licensing secured .the second and third floors are generating substantial income through Airbnb partnerships, bringing in a combined $11,000 per month. These floors include three spacious 2-bedroom, 2-bathroom units and three comfortable 1-bedroom, 1-bathroom units, each designed for modern comfort and convenience. Additionally, the ground floor studio generates $1,800 per month in rental income, offering a stable residential option. , The commercial storefront presents a lucrative opportunity with a rental potential of around $2,200 per month. "Located in a lively neighborhood with convenient access to nearby amenities, attractions, and transportation options, this property offers not only a lucrative investment opportunity but also significant growth potential in both residential and commercial sectors. Take advantage of this opportunity to acquire a well-positioned property with diversified income streams."

Details

MLS#PAPH2368988
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Year2019
Days On Site137
Listing Provided ByBY Real Estate | zhibin xu

Features

ZoningCMX25
Acreage0.05

Market Activity 19130

MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the Bright MLS. 

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Learn More About This Property

StatePA
CountyPhiladelphia
CityPhiladelphia
Zip Code19130
Area19130
School DistrictThe School District Of Philadelp
Listing VS Median (in 19130)
Price:
$2,690,000
low | high
Med:
$4,587
100% of Average
On Site:
137
low | high
Med:
407.000000
33.660933660934% of Average
Sourced by Back At You
Listing Updated: August 25, 2024 at 3:59:58 AM PDT