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Asking Price - $5,500,000
Days on Market - 115
1723 Ridge Avenue
Francisville
Philadelphia, PA 19130
Featured Agent
EveryHome Realtor
Asking Price
$5,500,000
Days on Market
115
# of Units
4
1 Bdrm Units
7
2 Bdrm Units
7
Acres
0.09
Interior SqFt
16,250
Age
3
Heating
Natural Gas
Cooling
Central A/C
Water
Public
Sewer
Public
Garages
0
Taxes (2024)
4,728
Additional Details Below
EveryHome Realtor
Views: 56
Featured Agent
EveryHome Realtor
Description
Prime on Ridge presents a turnkey 15-unit investment opportunity along the bustling Ridge Avenue corridor in Philadelphia, Pennsylvania. Acquire this —16,250 SF, 5-storey, boutique luxury apartment building in a Top-10 USA MSA with the benefit of a 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. 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.
Location
Driving Directions
BETWEEN 17TH AND 18TH ON RIDGE AVENUE.
Listing Details
Interior Features
Flooring
•Luxury Vinyl Plank
Basement
•Concrete Perimeter
Utilities
Cooling
•Central A/C, Natural Gas
Heating
•Central, Natural Gas
Property History
Jul 16, 2025
Price Decrease
$5,700,000 to $5,500,000 (-3.51%)
Miscellaneous
Lattitude : 39.971380
Longitude : -75.165490
MLS# : PAPH2490130
Views : 56
Listing Courtesy: Ryan McManus of Keller Williams Liberty Place
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Notes
Page: © 2025 EveryHome, Realtors, All Rights Reserved.
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, and is provided by BRIGHT through a licensing agreement. Listing information is from various brokers who participate in the Bright MLS IDX program and not all listings may be visible on the site. The property information being provided on or through the website is for the personal, non-commercial use of consumers and such information 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 the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale. Property information displayed is deemed reliable but is not guaranteed. Copyright 2025 Bright MLS, Inc.
Presentation: © 2025 EveryHome, Realtors, All Rights Reserved. EveryHome is licensed by the Pennsylvania Real Estate Commission - License RB066839
Real estate listings held by brokerage firms other than EveryHome are marked with the IDX icon and detailed information about each listing includes the name of the listing broker.
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 sold or are no longer being offered for sale.
Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. For information on those properties withheld from the internet, please call 215-699-5555
