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3919 Ridge Ave 3919 Ridge Ave

6 Unit Apartment Building $1,595,775 ($265,963/Unit) 6% Cap Rate Philadelphia, PA 19132

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Executive Summary

Introducing 3919 Ridge: a boutique six-unit multi-family building for sale on fast growing Ridge Avenue in the Paradise neighborhood of Philadelphia - just on the edge of East Falls. This turn-key building offers a low-maintenance investment opportunity with 4,572 sq ft of brand-new construction (1 jr. one-bed and 1 two-bed on each of 3 floors).
One Year Builder Warranty - 10 Year Graduated Tax Abatement

3919 Ridge Ave OM (2)

Property Facts Under Contract

Price	$1,595,775	Apartment Style	Low Rise
Price Per Unit	$265,963	Building Class	C
Sale Type	Investment	Lot Size	0.05 AC
Cap Rate	6%	Building Size	4,600 SF
No. Units	6	No. Stories	3
Property Type	Multifamily	Year Built	2024
Property Subtype	Apartment	Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.

Price	$1,595,775
Price Per Unit	$265,963
Sale Type	Investment
Cap Rate	6%
No. Units	6
Property Type	Multifamily
Property Subtype	Apartment
Apartment Style	Low Rise
Building Class	C
Lot Size	0.05 AC
Building Size	4,600 SF
No. Stories	3
Year Built	2024
Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.