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Property Description

Rarely offered, cash-flowing value-add real estate portfolio of 17 properties located in the Manayunk/Roxborough area of Philadelphia, Pennsylvania grossing +/- 360,000 annually in rental income. The properties have been updated and well maintained, leased to strong tenants throughout Ownership’s tenure. Located in the highly desirable northwest submarkets of Manayunk, Roxborough, Wissahickon – just outside of the urban core, easily accessible to Interstate 76 (suburban Philadelphia expressway), University City and Center City. Residents of this investment portfolio enjoy a relaxed, amenitized, safe and convenient lifestyle. Average rent = 1795/month with capacity to boost rents to 2250/mo through a light cosmetic capital enhancement program (rental upside). Average square footage = 1440 SF. 17 total properties included. Enquire within for additional properties and portfolio financials.

Features
: Forced air
: Central a/c
N
: Other
0
: Masonry
: Concrete Perimeter
N
: Straight Thru
: Electric
: Natural gas
: Natural gas
: Main
0
N
N
N
MLS Addon
Compass Pennsylvania, LLC
Ryan J McManus
Annually
Annually
300453478520
THE SCHOOL DISTRICT OF PHILADELPHIA
24,461 Acre
0 Acre
2
: Interior Row/townhouse
24,461 Acre
No
: Standard
$2,683
2021
RSA3
: Public Sewer
: Public
Commercial Features
0 Acre

Residential Sale

5229 RIDGE AVENUE, PHILADELPHIA, Pennsylvania 19128

3 Bedrooms
2 Bathrooms
24,461 Acre
$4,785,000
Listing ID #PAPH2001903
Basic Details
Property Type : Residential Sale
Listing Type : Residential Sale
Listing ID : PAPH2001903
Price : $4,785,000
Bedrooms : 3
Bathrooms : 2
Half Bathrooms : 1
Building Size (Sq. Ft.) : 24,461 Acre
Year Built : 1900
Lot Size : 0.03 Acre
State : PA
County : PHILADELPHIA
City : PHILADELPHIA
Zipcode : 19128
Status : ACTIVE
Subdivision Name : MANAYUNK
Property Sub Type : Other
Price Per SQFT : $196
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