1723 Ridge Ave, Philadelphia, PA 19130

Local realty services provided by:ERA Reed Realty, Inc.
1723 Ridge Ave,Philadelphia, PA 19130
$5,500,000
  • 21 Beds
  • - Baths
  • 16,250 sq. ft.
  • Multi-family
  • Active
Listed by:ryan j mcmanus
Office:keller williams liberty place
MLS#:PAPH2490130
Source:BRIGHTMLS

Price summary

  • Price:$5,500,000
  • Price per sq. ft.:$338.46

About this home

Prime on Ridge presents a turnkey 15-unit investment opportunity along the bustling Ridge Avenue corridor in Philadelphia, Pennsylvania. Acquire this —16,250 SF, 5-storey, boutique luxury apartment building in a Top-10 USA MSA with the benefit of a 10yr tax abatement (expiring 2032), minimal OPEX and ±15% rental upside based on market comps. These designer apartments are professionally built (2022 vintage) with an even mixture of seven (7) 1bd units and seven (7) 2bd units atop ground floor commercial space. Anchored on a highly visible block in Francisville (19130), this superior multifamily asset commands attention within the renter pool with its exquisite curb appeal and luxury interiors. The panoramic rooftop terrace provides unparalleled city skyline views. Easy access into Fairmount, Center City, Museums District, North Broad District + more — a completely accessible location — walkable to all of the world-class urban attractions Philadelphia has to offer. Enquire within for pro

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Home facts

  • Year built:2022
  • Listing ID #:PAPH2490130
  • Added:125 day(s) ago
  • Updated:October 07, 2025 at 01:26 PM

Rooms and interior

  • Bedrooms:21
  • Living area:16,250 sq. ft.

Heating and cooling

  • Cooling:Central A/C
  • Heating:Central, Natural Gas

Structure and exterior

  • Roof:Tile
  • Year built:2022
  • Building area:16,250 sq. ft.
  • Lot area:0.09 Acres

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$5,500,000
  • Price per sq. ft.:$338.46
  • Tax amount:$4,728 (2024)

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