SQUARE FEET3,350
MLS#PAPH2646186
STATUSACTIVE
PROPERTY TYPEMulti Unit - Multiple
SUBDIVISIONSTRAWBERRY MANSION
SCHOOLTHE SCHOOL DISTRICT OF PHILADELPHIA
Property Description
3339 Ridge Avenue, a cash-flowing triplex. This 3,100 sq. ft. multifamily property features three spacious 2-bedroom units, including Unit A with 2.5 baths. The building is fully sprinklered and includes an unfinished basement, offering additional storage or utility space. Current rents total $4,550/month, generating $54,600 in annual gross income. Based on current expenses, the property produces an estimated NOI of $49,378.09 and an approximate in-place cap rate of 8.37%. Property Highlights: • Triplex with three income-producing units • Current monthly rent: $4,550 • Annual gross income: $54,600 • Estimated NOI: $49,378.09 • cap rate: 8.37% • 3,100 sq. ft. A strong addition to any investor portfolio with solid in-place income and long-term rental upside.
Property Features
Property Type: Multi Unit - Multiple
Cooling: Central A/C
Fuel Type: Natural Gas
Heating: Central
Home Style: Contemporary
Lot Size: 0.03 Acres
Taxes: $921
Year Built: 1915
Feature Descriptions
Additional Structures: Above Grade, Below Grade
Exterior: Masonry
Exterior: Bump-outs
Location: Urban
Lot Dimensions: 0.03 Acre(S)
Municipality: PHILADELPHIA
Sewer: Public Sewer
Special View Info: City
Structure Type: Interior Row/Townhouse
Total Garage/Parking Spaces: 0
Two Bedroom Units: 3
Units: 3
Water: Public
Local Schools
School District: THE SCHOOL DISTRICT OF PHILADELPHIA
Listed By / Shown By
Listed By
Agency Name: Keller Williams Liberty Place
Agency Phone: 6093995454
Shown By
Agency Title: Berkshire Hathaway HomeServices Homesale Realty
Agency Phone:
First AmericanEstimate Your Payment
Estimated Payment
$ 1,524.79 per month $1,280.26 Principal & Interest $76.75 Property Tax $167.78 Homeowner's Insurance
3339 Ridge Avenue | MLS# PAPH2646186
This multi-family property located at 3339 Ridge Avenue, Philadelphia, PA 19132 is currently listed for sale with an asking price of $575,250. Ridge Avenue is located within the THE SCHOOL DISTRICT OF PHILADELPHIA school district. Search Philadelphia real estate on www.homesale.com today.