2409 RIDGE
Property Description
Two Properties- 2409 Ridge Ave & 2404 W Montgomery Ave. A standout opportunity to own two separate newer-construction buildings being sold together at 2409 Ridge Avenue and 2404 W. Montgomery Avenue. Built just five years ago, this unique five-unit offering includes a triplex on Ridge Avenue and a duplex on Montgomery Avenue, with approximately five years remaining on the Philadelphia tax abatement. The property consists of four 2-bedroom, 2-bath residences and one impressive 3-bedroom, 3-bath residence, with only one of the five units currently vacant. Inside, the residences feature high-end modern finishes, huge windows, expansive living spaces, high ceilings, oversized kitchens, gas cooking, and full-size laundry. Every unit is equipped with Nest thermostats, wired intercom/security systems, and built-in speaker wiring, bringing smart-home convenience throughout the property, including a penthouse with a massive private roof deck and Center City views, plus another spectacular roof deck serving the Montgomery Avenue building. Outdoor space, dramatic windows, and thoughtful layouts give these apartments the kind of features that consistently stand out in the rental market. Located near Temple University, Center City, Brewerytown, Sharswood, and Philadelphia's historic attractions, this is a rare chance to acquire a mostly occupied, newer-construction five-unit investment spread across two completely separate buildings. Both properties are being sold together.
Broker Details
Mercury Property Management (215) 462-5100
MLS ID: 3163465 State License Number: RS330469
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | 2-4 Units |
| Price: | $1,170,000 |
| No. of Units: | 3 |
| Year Built: | 2021 |
| Lot Size: | 1.00 Sq ft |
| Opportunity Zone: | No |
| Price per unit: | $390,000 |
| Property Website | Click Here |
| Number of Bedrooms: | 0 |
| Number of Bathrooms: | 0 |
ID: 3yd-TRENDPA-PAPH2666900
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