Investments Sales Management

Other

4855 RIDGE AVENUE

PHILADELPHIA , PA 19129

MLS#: PAPH2580954

$239,900

Status: Active
Listing number: PAPH2580954
Listing provided by: Re/Max One Realty
Listing agent phone: None
Last update: 14 days ago
On site: 15 days ago
Browse Properties
EAST FALLS - Residential

Property

Beds

3

Full Baths

1

1/2 Baths

None

Year Built

1930

Sq.Footage

1,182

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 is $ 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).

Features & Amenities

Interior

  • Total Bedrooms

    3

  • Bathrooms

    1

  • Above Grade Finished Area

    1182.0

  • Basement YN

    YES

  • Cooling YN

    YES

  • Cooling

    Window Unit(s), Electric

  • Heating YN

    YES

  • Heating

    Natural Gas, Forced Air

  • Pet friendly

    Cats OK, Dogs OK, Yes

Exterior

  • Garage

    No

  • Other Exterior Features

    Lighting

  • Parking

    On Street

  • Patio and Porch Features

    Patio, Porch

  • Pool

    Yes

  • Pool Features

    None

  • Waterfront YN

    NO

  • View

    City

Area & Lot

  • Lot Size(acres)

    0.02

  • Property Type

    Residential

  • Property Sub Type

    Townhouse

  • Architectural Style

    Other

Price

  • Sales Price

    $239,900

  • Tax Amount

    $2,293

  • Sq. Footage

    1, 182

  • Price/SqFt

    $202

HOA

  • Association

    No

School District

  • Elementary School

    N/A

  • Middle School

    N/A

  • High School

    N/A

Property Features

  • Foundation Details

    Stone

  • Senior Community YN

    NO

  • Sewer

    Public Sewer

  • Tax Lot

    58

  • Water Source

    Public

Schedule a Showing

Showing scheduled successfully.

<
>
IN PERSON
VIA CHAT

What is 3 + 4 ?


Change time

Mortgage calculator

Estimate your monthly mortgage payment, including the principal and interest, property taxes, and HOA. Adjust the values to generate a more accurate rate.

Your payment

Principal and Interest:

$

Property taxes:

$

HOA fees:

$

Total loan payment:

$

Total interest amount:

$

Location

County

PHILADELPHIA

Elementary School

Middle School

High School

Listing Courtesy of Edward J. McDonald Jr. , Re/Max One Realty

RealHub Information is provided exclusively for consumers' personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. RealHub website owner shall not be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

Agent Theresa Kehler

Owner, President, Investment Property Advisor

Theresa Kehler

Call Theresa today to schedule a private showing.

(215) 605-9647

theresa@tntrealestatesolutions.com


* Listings on this website come from the FMLS IDX Compilation and may be held by brokerage firms other than the owner of this website. The listing brokerage is identified in any listing details. Information is deemed reliable but is not guaranteed. If you believe any FMLS listing contains material that infringes your copyrighted work please click here to review our DMCA policy and learn how to submit a takedown request.© 2024 FMLS.
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 is $ 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).

4855 RIDGE AVENUE

Message successfully sent.

What would you like to know?

What is 3 + 4 ?

Related Properties

The house has been renovated by 2020, 3 bedrooms 1 bathroom with half finished basement. Tenant occupied. 24 hours notice for showing. The property is sold in "As-Is'Condition.
#PAPH2480880

PHILADELPHIA

5732 TACKAWANNA STREET

3 Beds

1 Baths

1,122 Sq.Ft.

$244,900

MLS#: PAPH2480880

Welcome to Unit #2 at 1839 N 6th St — A Contemporary Urban Retreat Discover refined city living in this thoughtfully designed 2-bedroom, 2-bathroom apartment, offering approximately 1,000 sq. ft. of stylish, modern space. The open-concept layout creates a seamless flow between the living and dining areas, ideal for both relaxing and entertaining. The sleek, gourmet kitchen is equipped with premium stainless steel appliances, perfect for the discerning chef. Enjoy the ultimate convenience with in-unit laundry and modern finishes throughout. Both bedrooms are generously sized, bathed in natural light, and feature upgraded LVT flooring along with expansive closet space. The bathrooms have been beautifully updated with chic, contemporary fixtures, offering a spa-like experience. Step outside to your patio, a peaceful retreat to unwind after a busy day. Nestled in a vibrant neighborhood, this residence provides easy access to shopping, dining, and public transit, making it the ideal choice for those seeking a dynamic urban lifestyle. Property does include a tax abatement! Schedule your private tour today and experience this exceptional apartment for yourself!
#PAPH2466304

PHILADELPHIA

1839 N 6TH STREET 2

2 Beds

2 Baths

2,000 Sq.Ft.

$260,000

MLS#: PAPH2466304

None
#PAPH2567520

PHILADELPHIA

2215 S 9TH STREET

3 Beds

1 Baths

1,024 Sq.Ft.

$229,900

MLS#: PAPH2567520

Awesome 3 bedroom home on one of whitman’s finest blocks, the open living/dining room has more space for a ding table and living room furniture, kitchen has room for a table as well, the bonus pantry space is great for storage of extra kitchen stuffs, central air, finish basement, easy to find parking, convenient to shopping center, major high way and bridges, restaurants
#PAPH2576062

PHILADELPHIA

2438 S PHILIP STREET

3 Beds

1 Baths

986 Sq.Ft.

$219,900

MLS#: PAPH2576062

Step into this inviting and well-kept 3-bedroom, 1-bath home that offers a comfortable and practical layout with a spacious living room and dining area. The modern kitchen features ceramic tile flooring and stainless-steel appliances, including a microwave, range, dishwasher, and refrigerator. All bedrooms are nicely sized and include closets, while the bathroom features a skylight that fills the space with natural light. Hardwood floors run throughout the home, adding warmth and continuity. The home also includes a basement that provides additional space for storage and a laundry area. Additional highlights include a covered front porch, an attached garage, and extra parking for two cars in the back with easy driveway access. Conveniently located near restaurants, public transportation, a gym, playgrounds, and with quick access to I-95 and bridges to New Jersey, this home offers both comfort and convenience. Schedule your showing today—this home won’t last!
#PAPH2570366

PHILADELPHIA

7137 GILLESPIE STREET

3 Beds

1 Baths

1,152 Sq.Ft.

$224,900

MLS#: PAPH2570366

None
#PAPH2568660

PHILADELPHIA

2822 RAWLE STREET

3 Beds

1 Baths

1,152 Sq.Ft.

$279,999

MLS#: PAPH2568660

None
#PAPH2525280

PHILADELPHIA

4034 LAWNDALE STREET

2 Beds

1 Baths

896 Sq.Ft.

$224,900

MLS#: PAPH2525280

Welcome to this exceptionally large 5-bedroom, 4-full-bath twin situated on a desirable street-to-street lot. From the charming enclosed front porch, step into the inviting living room, dining room, and three bathrooms on the main level. The spacious, recently renovated kitchen includes an additional bonus room that leads directly to the expansive backyard. The second floor offers three generously sized bedrooms and a full bathroom, with a fourth bedroom on the third floor, perfect for guests, a home office, or extended family. All four full bathrooms have been beautifully updated, along with the kitchen, giving the home a fresh, modern feel. Major improvements add peace of mind, including the roof, HVAC system, and hot water tank that are all only 2 years old. The large rear yard, which extends all the way to the next street, provides endless possibilities for outdoor living, parking, or future expansion. With central air conditioning already in place and a partially finished basement, the only remaining touch for the new owner is to personalize the flooring to their taste. Don’t miss this rare chance to own one of Mayfair’s largest and most versatile properties!
#PAPH2559310

PHILADELPHIA

6916 TULIP STREET

5 Beds

4 Baths

1,400 Sq.Ft.

$249,900

MLS#: PAPH2559310

Welcome home to this classic 3-bedroom, 1.5-bath AirLite Townhome, offering a thoughtful layout, great natural light, and three full levels of finished living space. Built in 1925, this home blends original character with functional spaces perfect for everyday living and entertaining. Step inside to a large living room featuring a bay window, creating a bright and inviting atmosphere. The spacious dining room offers ample room for gatherings and holidays and includes a charming chair rail. A convenient pass-through counter connecting the dining room and kitchen makes serving meals or sharing conversation easy and enjoyable. The kitchen features breakfast bar, ceramic tile flooring, and a layout designed for efficiency, with potential to personalize or update to your taste. Under the carpeted areas, you'll find original hardwood flooring, offering the opportunity to restore timeless warmth and character. Upstairs, you'll find three comfortable bedrooms and a full bath. The finished basement adds even more flexible living space—perfect for a family room, office, fitness area, or recreation zone and includes a half bath. Outside, sliding glass doors lead from the dining room to a rear deck overlooking open space across the driveway, ideal for relaxing outdoors, grilling, or simply enjoying fresh air. Street parking and off-street rear parking provide convenience for residents and guests. Whether you're a first-time buyer or looking for a home that offers versatility and charm, this townhome delivers comfort, space, and a welcoming layout ready for your personal touch.
#PAPH2563166

PHILADELPHIA

7411 ELMWOOD AVENUE

3 Beds

1 Baths

992 Sq.Ft.

$235,000

MLS#: PAPH2563166

This charming, move-in ready porchfront rowhome is in a great location near Cedar Park and the Grays Ferry Bridge. The cream and sage green palette highlights the ornate trim work on the facade, which is set back behind a true front lawn. The interior gets great natural light and has charming original details like random-width pine floors and ornate radiators throughout. The spacious living room has an extra-large archway, which joins it to the open dining room and kitchen. The workspace has new large-format ceramic tile floors, granite countertops with stainless steel undermount sink with pulldown faucet; and crisp white Shaker-style cabinets, subway tile backsplash and appliances. In the rear there’s an extra-large mudroom with new vinyl flooring, laundry hookups and sliders to the covered rear patio and good-sized yard–not to mention a perfectly located powder room. Up the cute black and white staircase is the bathroom with ceramic subway tile surround and new vinyl flooring next to a sweet rear-facing bedroom.The true middle bedroom has a private side window. The large, south-facing primary bedroom with double-width closet is past an extra-deep hallway linen closet. This block of Paschall Ave is just a few blocks to Clark Park; local shops and restaurants line nearby Woodland Ave; two trolley lines are just around the corner; proximity to the Grays Ferry Bridge gets you to South Philly in 10 minutes; and outdoor enthusiasts can enjoy the Grays Ferry Crescent Trail Park and Bartram’s Garden nearby. We used to call this neighborhood West Philly’s best-kept secret, but with all the new development on the block and in the immediate area, that description can be retired.
#PAPH2551648

PHILADELPHIA

4907 PASCHALL AVENUE

3 Beds

1 Baths

1,098 Sq.Ft.

$239,900

MLS#: PAPH2551648

- property

Send a message

Message successfully sent.

Your message

What is 3 + 4 ?

Reason for contacting?

Sign Out

Virtual Assistant

Would you like to take the next step with this property? We can help you schedule a showing or virtual tour, or send you more details.

Yes, I would like more information.

Thank You for Your Reply, One of Our Agents will contact you as soon as possible

No, maybe later.

Thank you, you can always contact me via email, phone number or through the contact form.

Realhub AI

Lucy - Your AI-Powered Realtor

Update Your Temporary Password

Personalize your search

Enter your email and we'll notify you immediately when new listings match what you're looking for.

or enter email address

Already have an account ? Login here

Continue your home search

Already have an account ? Login here

We use cookies

We use cookies primarily for analytics to enhance your experience. By accepting, you agree to our use of these cookies. You can manage your preferences or learn more about our cookies policy.

Privacy Policy Terms of Service