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Photo of 4855 Ridge Avenue, Philadelphia PA
4855 Ridge Avenue
East Falls
Philadelphia, PA 19129
Bedrooms
3
Full Baths
1
Partial Baths
0
Acres
0.02
Interior SqFt
1,182
Age
96
Heating
Natural Gas
Cooling
Window Unit(s)
Water
Public
Sewer
Public
Garages
0
Taxes (2021)
2,293
Additional Details Below

Description

Attention Investors! 4855 Ridge in a turnkey rent and hold investment. Good solid tenant wants to stay, they are paying below market $ 1,650 a month. Property has a 7% cap rate at that rent. Market rent i $ 2,100 which would take cap rate to 12%! Moderate yearly increases could get you to market rent in 3 years but would only take 1 year to get to 10% cap rate! Located in sought after East Falls, This 3 Br. 1Ba is in close proximity to Manayunk and the Schuykill River Trail. The property offers a wonderful flow on the 1st level with a large family room, nice dining room, and kitchen. The 2nd level features 3 bedrooms, an updated bath, and a covered deck backing to woods. Newer Heater, main sewer line and basement waterproofing system. Tenant is on month to month lease. Current Tenant interested in extending lease. Close commute to/from colleges/universities (Phila. Univ, Temple, PCOM, St. Joe's, Drexel, PENN, Wharton School of Business, Lasalle, Univ of the Sciences, Univ of the Arts, Moore College, Pierce College).

Room sizes

Living Room
20 x 14  Main Level
Dining Room
11 x 10  Main Level
Kitchen
10 x 11  Main Level
Bedroom 1
13 x 13  Upper Level
Bedroom 2
12 x 10  Upper Level
Bedroom 3
10 x 8  Upper Level

Location

Driving Directions

ridge ave west to property on right .

Listing Details

Property Information

Interior Features
Basement

Sump Pump, Water Proofing System, Stone

Rooms List

Living Room, Dining Room, Bedroom 2, Bedroom 3, Kitchen, Bedroom 1

Exterior Features
Roofing

Flat

Exterior Features

Exterior Lighting, Flood Lights, Sidewalks, Patio(s), Porch(es), Masonry

Utilities
Cooling

Window Unit(s), Electric

Heating

Forced Air, Natural Gas

Hot Water

Natural Gas

Sewer

Public Sewer

Water

Public

Property History

Date
Change
Price

Miscellaneous

Assessment : 163,800
Zoning: Rsa5
Lattitude : 40.015144
Longitude : -75.205589
MLS# : PAPH2580954
Views : 104
Listing Courtesy: Edward McDonald of Re/Max One Realty

Notes

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Presentation: © 2026 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.

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