6526 Ridge Ave, PHILADELPHIA, PA 19128
Local realty services provided by:ERA Reed Realty, Inc.



6526 Ridge Ave,PHILADELPHIA, PA 19128
$495,000
- 3 Beds
- - Baths
- 2,644 sq. ft.
- Multi-family
- Active
Listed by:samantha lee miller
Office:select commercial advisors
MLS#:PAPH2485176
Source:BRIGHTMLS
Price summary
- Price:$495,000
- Price per sq. ft.:$187.22
About this home
6526 Ridge Ave is an historic duplex fully-renovated in 2020 with two bi-level apartments — a 1bd x 1ba unit and a 2bd x 1.5ba unit. Approximately five years remain on the full 10-year tax abatement, offering substantial property tax savings. The duplex is a part of a condominium consisting of five total units: the fully-renovated duplex (2 units) as well as three (3) ground-up new construction townhomes, all turnkey and income-producing, in the highly-desirable Roxborough submarket. Can be purchased separately or together. ($495,000 list price is for duplex only). The duplex currently generates $37,800 in gross annual rent, with room to boost rents to market rate. Each townhome features 4 Beds + 3.5 Baths, two-car parking, private balconies & roof decks. (Package price $2,349,000 for full five-unit portfolio). The condominium arrangement offers investors a unique opportunity to sell off units individually, or maintain as a multi-unit portfolio. Benefit from steady cash flow and strong appreciation potential driven by the rapidly-developing Manayunk-Roxborough submarket. As new construction activity in Philadelphia declines, demand is expected to outpace supply, driving further rental growth in the coming years, presenting a unique opportunity for investors to acquire a turnkey, income-producing asset with long-term upside.
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Home facts
- Year built:1925
- Listing Id #:PAPH2485176
- Added:86 day(s) ago
- Updated:August 15, 2025 at 01:31 PM
Rooms and interior
- Bedrooms:3
- Living area:2,644 sq. ft.
Heating and cooling
- Cooling:Central A/C
- Heating:Central, Natural Gas
Structure and exterior
- Year built:1925
- Building area:2,644 sq. ft.
- Lot area:0.15 Acres
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$495,000
- Price per sq. ft.:$187.22
- Tax amount:$1,824 (2024)
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