MLS: #PAPH2673696, Listed By: Stacy Sanseverino, KW Empower, Source:Bright MLS
1600 Ridge Avenue
PHILADELPHIA, PA 19130
6
Bed
0
Bath
7,150Sqft
0.03Acre(Lot)
Investors, take notice! This 2023 new-construction 4-unit property offers the best of both worlds: the benefits of newer construction, time-tested over the past three years, plus approximately six years remaining on the full 10-year tax abatement. The property includes a commercial first-floor and basement space leased to a convenience store for $3,100/month NNN plus a $100/month flat water fee through October 2030, along with three spacious 2-bedroom, 2-bath residential apartments currently rented for $2,250, $2,250, and $2,350 per month. Designed with privacy and flexibility in mind, each residential unit features bedrooms positioned on opposite sides of the apartment, making the layout ideal for platonic roommates, couples, families with children or frequent guests, or those who work fr
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Bedroom Information
Total beds: 6Room Information
Has Basement: Yes Basement: Finished, Full -
Flooring Information
Ceramic Tile, Vinyl -
Interior Features
Appliances: Gas Range, Gas Oven, Electric Water Heater, Washer, Microwave, Refrigerator, Dryer, Dishwasher -
Heating & Cooling
Has Heating: Yes Heating: Natural Gas, Forced Air Has Cooling: Yes Cooling: Central Air, Electric
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Building Information
Year Built: 2023 Building Area Total: 7150 Pool Features: None Private Pool: No
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Lot Information
Lot Size Acres: 0.03 Lot Size Source: Assessor Lot Size Square Feet: 1422 Lot Description: Corner Lot, Irregular LotProperty Information
Subdivision: FRANCISVILLE Source Property Type: Residential Income Postal Code Plus 4: 2116 Property SubType: Quadruplex Property Age: 3
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Listing Price Information
Listing Price: $1595000
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Tax Information
Parcel Number: 871000093 Tax Year: 2027 Annual Tax: $3683
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Parking Information
On Street
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School Information
Elementary School: LAURA W. WARINGJunior High School: LAURA W. WARINGSenior High School: BENJAMIN FRANKLIN -
Location Information
Direction: Corner of 16th & Ridge Ave. Entrance is on Ridge Ave to the right of the commercial space. WaterSource: Public
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 1437 Parrish Street, Philadelphia, PA, 19130 | $799,000 | 5 | -- | 2,600 | 0.02 Acre |
| 861 N 15th Street, Philadelphia, PA, 19130 | $849,990 | 5 | -- | 2,600 | 0.02 Acre |
| 678 N 15th Street, Philadelphia, PA, 19130 | $515,000 | 3 | -- | 1,851 | 0.02 Acre |
| 920 N 15th Street, Philadelphia, PA, 19130 | $1,200,000 | 7 | -- | 5,000 | 0.02 Acre |
| 924 N 15th Street, Philadelphia, PA, 19130 | $799,900 | 5 | -- | 2,469 | 0.02 Acre |
| 1504 Brown Street, Philadelphia, PA, 19130 | $700,000 | 6 | -- | 3,080 | 0.03 Acre |
| 719 N 16th Street, Philadelphia, PA, 19130 | $1,895,000 | 8 | -- | -- | 0.04 Acre |
| 1540 Ridge Avenue, Philadelphia, PA, 19130 | $2,600,000 | 8 | -- | 10,500 | 0.05 Acre |
| 802 N 16th Street, Philadelphia, PA, 19130 | $782,900 | 7 | -- | 2,637 | 0.03 Acre |
| 1605 Ridge Avenue, Philadelphia, PA, 19130 | $2,100,000 | 9 | -- | 9,000 | 0.02 Acre |
Similar Multifamily To 1600 Ridge Avenue
Nearby For Sale
The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which ByOwner participates, and is provided by BRIGHT through a licensing agreement. The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have closed or are no longer being offered for sale. Information Deemed Reliable But Not Guaranteed. Copyright © 2026 Bright MLS. All rights reserved.
ByOwner last updated this listing 09/28/2026 @ 01:41
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