1607-9 Ridge Ave, PHILADELPHIA

$2,690,000

0 Beds
0 Baths
6,800 Sqft
.05 Acres
0 Garages

"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."

Essential Information
MLS® #PAPH2368988
Price$2,690,000
Bathrooms0.00
Square Footage6,800
Acres0.05
Year Built2019
TypeCommercial Sale
Sub-TypeFive Or More Units
StatusActive
Community Information
Address1607-9 Ridge Ave
Area19130
CityPHILADELPHIA
CountyPHILADELPHIA-PA
StatePA
MunicipalityPHILADELPHIA
Zip Code19130
Interior
HeatingCentral
CoolingCentral A/C
Exterior
ExteriorBrick Front, Shingle
District

THE SCHOOL DISTRICT OF PHILADELPHIA

Additional Information
ZoningCMX25
Listing Details
OfficeBY Real Estate
Office Contact(267) 534-3595
LISTING MAP

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Listing information last updated on January 13th, 2025 at 3:45am EST.

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