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Photo of 2406 Ridge Avenue, Philadelphia PA
2406 Ridge Avenue
Philadelphia, PA 19121
Bedrooms
4
Full Baths
1
Partial Baths
1
Acres
0.03
Interior SqFt
3,018
Age
109
Heating
N/A
Cooling
N/A
Water
Public
Sewer
Public Septic
Garages
0
Taxes (2022)
1,571
Additional Details Below

Description

Discover an exceptional investment opportunity in the vibrant Brewerytown/Sharswood area of Philadelphia! Presenting 2406 Ridge Avenue, a dynamic property offering over 3,000 sq ft of mixed-use space, poised for transformation. This property features a commercial space on the first floor, previously operated as a beauty salon, offering a fantastic foundation for a variety of business ventures. Exclusive access to the expansive residential quarters is available through a private entrance, leading to the second and third floors where spacious living areas await revitalization. Bedroom and bathroom counts are estimated as building requires rehab and can be redone as you see fit Nestled in a rapidly developing neighborhood, this property stands in a QOZ (Qualified Opportunity Zone), maximizing potential tax benefits for investors. The location is unbeatable, situated amidst a plethora of local amenities in the 19121 zip code area – from eclectic dining and vibrant nightlife to cultural hotspots and lush parks. Proximity to public transportation ensures easy access throughout Philadelphia, making it a highly desirable location for both commercial and residential tenants. Sold As-Is, this property requires rehabilitation, offering a blank canvas to craft a bespoke investment tailored to the evolving demands of this up-and-coming neighborhood. Whether you're looking to inject new life into the commercial space or remodel the residential units for rental or sale, 2406 Ridge Avenue is a prime canvas for visionary investors. Don't let this remarkable opportunity slip by – envision the potential and make your mark in Brewerytown/Sharswood.

Location

Driving Directions

Property is on south side of Ridge Ave, near N 24th St.

Listing Details

Summary
Architectural Type

Traditional

Interior Features
Basement

Unfinished

Rooms List

Basement

Exterior Features
Exterior Features

Masonry

Utilities
Sewer

Public Septic

Water

Public

Property History

Date
Change
Price

Miscellaneous

Assessment : 112,300
Zoning: Cmx2
Lattitude : 39.981640
Longitude : -75.174248
MLS# : PAPH2318676
Views : 33
Listing Courtesy: Karen Ehrlich of Philadelphia Homes

Notes

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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.

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