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sales rep | Brivity IDX

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1723 Ridge Ave , Philadelphia, PA 19130
$4,925,000
Est. Payment: $26,605.70/mo
21 Bed
16250 Sqft
0.09 Acres
Status: active | Days on site: 514
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House Description

Prime on Ridge presents a turnkey 15-unit investment opportunity along the bustling Ridge Avenue corridor in Philadelphia, Pennsylvania — the top destination in the world to visit in 2026. 7% PRO FORMA CAP. Acquire this —16,250 SF, 5-storey, boutique luxury apartment building in a Top-10 USA MSA for rent-growth with the benefit of a FULL 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—FULLY LEASED. 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 forma financials and building plans.

Highlights

Listed by Ryan J McManus , 6106061095 and Brandon Ribeiro , 2679458167 Keller Williams Liberty Place , 6093995454. Bright MLS

Property Type

Multi-Family

Lot/Acreage
0.09

Year Built

2022

County

Philadelphia

Area

19130 (19130)

Neighborhood

Francisville

School District

Philadelphia City

Listing ID

PAPH2490130

Questions about this listing?

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Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:21
Air Cond:Central A/C
Fireplaces:
Floor:Luxury Vinyl Plank
Above Ground Sq Ft:16250
Water:Public

Exterior Features

Lot:Not New Construction,Horse Property: No
Lot Dimensions:52.00 x 76.00
Zoning:CMX25
Roof:Tile
Others:
  • ▪ Additional:Excellent
Sewer:Public Sewer
Principal Interest
$26,606
Taxes
$394

Home Price

$4,925,000

Loan Details

30 yrs
7.148%

Down Payment

20%
$985,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$26,605.70

Principal

Taxes

Principal Taxes HOA Total
Monthly $26,605.70 $394.00 $0.00 $26,999.70
Yearly $319,268.43 $4,728.00 $0.00 $323,996.43
Total $9,578,052.89 $141,840.00 $0.00 $9,719,892.89
Lender profile image
Chico Gordy
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Market insight data is pulled from the same city as the listing being viewed (Philadelphia, PA).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Information provided by Bright MLS, and is deemed reliable but not guaranteed accurate.

IDX service by Blueroof 360

Data last updated: 2026-11-13T23:12:42.000Z

© 2026 Bright MLS