Philadelphia, PA 19128,5912 RIDGE AVE
Philadelphia, PA 19128,5912 RIDGE AVE
Philadelphia, PA 19128,5912 RIDGE AVE
Philadelphia, PA 19128,5912 RIDGE AVE
Philadelphia, PA 19128,5912 RIDGE AVE
Philadelphia, PA 19128,5912 RIDGE AVE
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$500,000

$575,000

13.0%
Est.Price: ?

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Est. payment /mo

3,302 SqFt


SOLD DATE : 11/01/2024

Key Details

Sold Price $500,000

Property Type Commercial

Sub Type Mixed Use

Listing Status Sold

Purchase Type For Sale

Square Footage 3,302 sqft

Price per Sqft $151

MLS Listing ID PAPH2392988

Sold Date 11/01/24

Originating Board BRIGHT

Year Built 1930

Annual Tax Amount $3,863

Tax Year 2024

Lot Size 0.402 Acres

Acres 0.4

Lot Dimensions 135.00 x 130.00

Property Description

5912 Ridge is located in a surging Roxborough neighborhood with positive rental growth and demand in Northwest Philadelphia. This income-generating, mixed-use, 2-unit property features 1 commercial unit and 1 residential apartment boasting high visibility and foot traffic, making it a lucrative investment. Roxborough residents and businesses are reinventing this community, redefining it for a new generation. Come and be a part of this vibrant community! Owner occupied orthodontist in commercial space, willing to lease from a new owner or vacate, open to all negotiations. First floor of the commercial space houses multiple rooms utilized for patients and office space. Also features a rear kitchen and 2 half baths. Second floor of the commercial space includes two rooms, a large walk-in closet and a full bath. The residential unit, accessible via a separate entrance from the expansive rear yard, is a charming one-bedroom apartment. One bedroom with living room, kitchen and full bath, laundry facilities in the unit. The possibility of expanding into a larger unit exists. Did we mention ample off street parking that accommodates 10+ cars and a detached garage! This property presents a fantastic opportunity for individuals interested in either renting out the apartment while operating a business on the ground floor, or for those seeking the convenience of living upstairs while running a business downstairs. The prime Roxborough location provides access to parks (Gorgas Park, Wissahickon Valley Park, Fairmount Park) and public transportation (Septa). Manayunk’s downtown district is right next door and Center City Philly is just 15 minutes away. Easy access to local amenities, including shops, restaurants, parks, and public transportation. Schedule your showing today!

Location

State PA

County Philadelphia

Area 19128 (19128)

Zoning RSD1

Interior

Hot Water Other

Heating Radiant

Cooling Central A/C, Window Unit(s)

Heat Source Natural Gas

Exterior

Garage Spaces 10.0

Waterfront N

Water Access N

Accessibility None

Total Parking Spaces 10

Garage N

Building

Sewer Public Sewer

Water Public

New Construction N

Schools

School District The School District Of Philadelphia

Others

Tax ID 871527550

Ownership Fee Simple

SqFt Source Assessor

Special Listing Condition Standard

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Bright MLS (BMLS)
Listed by Dino A D'Orazio • Keller Williams Real Estate-Blue Bell
Bought with Robert Enslin III • Kershaw Real Estate

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Melissa Young

Agent | License ID: 0787303

+1(267) 259-2432

129 CHESTER AVE., MOORESTOWN, Jersey, 08057, United States

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