Property
Beds
None
Full Baths
None
1/2 Baths
None
Year Built
1939
Sq.Footage
10,491
Rare opportunity to acquire a substantial, fully occupied mixed-use investment property in the heart of East Falls. Located at 4225-37 Ridge Avenue, this impressive building consists of 10 residential apartment units and 5 commercial spaces, offering a diversified and established income stream in one of Philadelphia’s most desirable and well-connected neighborhoods. The property is currently 100% occupied and generates just under $21,000 per month in gross rental income, providing immediate cash flow from day one. The combination of residential and commercial tenants creates a strong mixed-use investment with multiple sources of revenue under one roof. Prominently positioned along Ridge Avenue, the property benefits from excellent visibility, accessibility, and proximity to the shops, restaurants, businesses, and neighborhood amenities that continue to make East Falls an attractive place to live and work. The location also provides convenient access to Center City, Kelly Drive, major highways, public transportation, and nearby universities and employment centers. With 15 total income-producing units, full occupancy, and nearly $252,000 in annual gross rental income, 4225-37 Ridge Avenue presents a compelling opportunity for an investor looking to acquire a sizable, stabilized mixed-use asset in a strong Philadelphia location. Showings and additional financial information available upon request.
Features & Amenities
Interior
-
Total Bedrooms
N/A
-
Bathrooms
N/A
-
Cooling YN
YES
-
Cooling
Ductless, Electric
-
Heating YN
YES
-
Heating
Electric, Natural Gas, Heat Pump
-
Pet friendly
N/A
Exterior
-
Garage
No
-
Parking
None
-
Pool
No
-
Waterfront YN
NO
Area & Lot
-
Lot Size(acres)
0.14
-
Lot Size(square feet)
6,100
-
Property Type
Commercial Sale
-
Property Sub Type
Mixed Use
Price
-
Sales Price
$2,500,000
-
Tax Amount
$11,531
-
Sq. Footage
10,491
-
Price/SqFt
$238
HOA
-
Association
No
School District
-
Elementary School
N/A
-
Middle School
N/A
-
High School
N/A
Property Features
-
New Construction
NO
-
Sewer
Public Sewer
-
Tax Lot
9501
-
Water Source
Public
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Location
County
PHILADELPHIA
Elementary School
Middle School
High School
Listing Courtesy of Adam Finestone, Compass Pennsylvania, LLC
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Owner, Chief Executive Officer, Portfolio Advisor
Nick Polinchock
Call Nick today to schedule a private showing.
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