5 months on rocket

1805 Ridge Ave, Philadelphia, PA, 19130

$1,999,000

Home List Price

$10,000*

Closing Credit

0 Baths
6,260 SqFt
$319/SqFt
House
Schools Nearby

Location

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1805 Ridge Ave, Philadelphia$1,999,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeOther
ParkingOn Street
Year BuiltNew Const., 2023
HeatingCentral
CoolingCentral Air
MLS #PAPH2300168
Lot Size0.03 Acres
StatusActive
(ACTIVE)

About 1805 Ridge Ave

New Construction Offered at an 8.11% cap rate!!!! We are proud to present 1805 Ridge Avenue. This new construction 6 unit multifamily (5 residential and 1 commercial space) building comes with an approved FULL 10 YEAR TAX ABATMENT (fully abated 100% on the property /building assessment for the entire 10-year period) and 1 year builder warranty. Featuring a first floor commercial space, (1) studio apartment, (2) two bedroom, two full bathroom single floor apartments, and (2) two bedroom, two and a half bathroom bi-level apartments with private roof decks. Each apartment is finished with high-end quality finishes to attract and retain tenants. Located in the heart of Francisville, 4 blocks from The Divine Lorraine, short walk to public transportation (SEPTA Girard/Broad St Station), The Met Philadelphia, along with coffee shops and restaurants. The Fairmount/Francisville neighborhood is popular among renters due to its close proximity to Center City and Temple University and all the amenities that are walkable (supermarkets, coffee shops and restaurants, public transportation, entertainment venues and fitness studios). Reach out for more details and info.

Property Details

Property Features

Property Information:

  • Architectural Style: Contemporary
  • Year Built: 2023
  • Living Area: 6,260 SqFt

Listing Office:

  • Office Name: Long & Foster Real Estate, Inc.
  • Office Phone: (610) 225-7440
  • Listing Agent: Haralabos Kiziroglou

Interior Features

Interior Information:

  • Appliances: Dishwasher, Microwave, Refrigerator, Oven, Washer, Dryer
  • Interior: Combination Kitchen/Living, Floor Plan - Open, Kitchen - Island, Recessed Lighting, Sprinkler System

Exterior Features

Parking Information:

  • Parking: On Street

Lot Features

Lot Information:

  • Lot Size: 0.03 Acres

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air

School Info

Assigned Schools Information:

  • Benjamin Franklin High School, Public District Grades 9-12
  • General George G. Meade School, Public District Grades KG-8

Other

Directions Information:

  • Directions: Right off the corner of 18th and Girard Ave

Municipality:

  • Philadelphia

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,999,000
  • Price Per SqFt: $319/SqFt
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Housing Market Comparison

See how this home compares to others in Philadelphia, PA.

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Philadelphia, PA

City

Med. Sold Price

$258.8K

Med. Price/SqFt

$196

Avg. Days On Market

50

# of Sold Homes

960

1805 Ridge Ave vs Philadelphia

157 DAYS ON ROCKET

+107 Days

$1,999,000

+$1.7M More

$319/SqFt

+$123 More

KEY TAKEAWAY

This property is $1.7M more than the Median Sold Price and $123/SqFt more than other homes in Philadelphia, PA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: BRIGHT
  • MLS Number: #PAPH2300168

Listing Office:

  • Office Name: Long & Foster Real Estate, Inc.
  • Office Phone: (610) 225-7440
  • Listing Agent: Haralabos Kiziroglou

IDX Information Deemed Reliable But Not Guaranteed. 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 in which participates, and is provided by BRIGHT through a licensing agreement.

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. This home sale information is not to be construed as an appraisal and may not be used as such for any purpose.

BRIGHT MLS is the (or a) provider of this home sale information and has compiled content from various sources. Some properties represented may not have actually sold due to reporting errors. ©2024 BrightMLS. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/2/2024, 8:20:19 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

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Recommended Financing

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Rate/APR

7.5% / 6.68%

Total Monthly Payment

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-4640470
3
/10

  • General George G. Meade School

  • 1600 N 18th St

  • 0.43 miles

  • Public District Grades KG-8

High School

school-card-donut-4640471
2
/10

  • Benjamin Franklin High School

  • 550 N Broad St

  • 0.62 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $24,491. The majority of Philadelphia, PA residents have income less than $35k annually. Residents typically live in single, no kids family. Most residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1805 Ridge Ave

What is the listing price of this property?

The listing price of 1805 Ridge Ave property is $1,999,000.

What type of property is this?

The property 1805 Ridge Ave is a house located in Philadelphia, Pennsylvania, 19130.

Is this property for sale now?

Active Listing: 1805 Ridge Ave is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 1805 Ridge Ave are:
General George G. Meade School: GreatSchools Rating 3/10
Benjamin Franklin High School: GreatSchools Rating 2/10

What is the square footage of this property?

The property 1805 Ridge Ave is 6,260 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 1805 Ridge Ave is 2023.

Rocket Homes›Pennsylvania›Philadelphia County›Philadelphia›19130›1805 Ridge Ave

This home is located at 1805 Ridge Ave in Philadelphia, PA and zip code 19130 in the Fairmount neighborhood. This 6,260 square foot home, which was built in 2023, sits on a 0.03 acre lot. It has been listed on Rocket Homes since November 26, 2023 and is currently priced at $1,999,000.

In April 2024 more than 242 listings in Philadelphia, PA were sold above the asking price. During the same period more than 216 listings were sold at asking price, while more than 502 were sold below. The number of listings in Philadelphia, PA increased by 9.8% between March 2024 and April 2024. In April 2024, listings were on the market for 50 days. During the same period, the median list price in this real estate market was $258,806.

From Rocket Homes Real Estate and based on county public records data.

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