PA > Philadelphia > Roxborough
Philadelphia, PA 19128,6526 RIDGE AVE #A
Philadelphia, PA 19128,6526 RIDGE AVE #A
Philadelphia, PA 19128,6526 RIDGE AVE #A
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Simone Velvel

Simone Velvel

+1(703) 507-7614
Listed by Samantha Lee Miller • Select Commercial Advisors
$2,349,000
Est. payment /mo
13,000 SqFt
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UPDATED:

Key Details

Property Type Commercial

Sub Type Five Or More Units

Listing Status Active

Purchase Type For Sale

Square Footage 13,000 sqft

Price per Sqft $180

Subdivision Roxborough

MLS Listing ID PAPH2483620

Year Built 2020

Available Date 2025-05-21

Annual Tax Amount $1,824

Tax Year 2024

Lot Dimensions 0.00 x 0.00

Property Sub-Type Five Or More Units

Source BRIGHT

Property Description

6526 Manayunk is a five-unit, turnkey, income-producing investment opportunity in the highly-desirable Roxborough submarket, featuring 5 total units comprised of a fully-renovated duplex and three ground-up new construction townhomes. Each townhome features 4 Beds + 3.5 Baths, two-car parking, private balconies & roof decks. Set up as a condominium, offering investors a unique opportunity to sell off units individually or maintain as a multi-unit portfolio. Acquire this high-quality, low-maintenance portfolio completed in 2020 with a blend of historic renovation plus ground-up new construction. Approximately five years remain on the full 10-year tax abatement, offering substantial property tax savings. Benefit from steady cash flow and strong appreciation potential driven by the rapidly-developing Manayunk-Roxborough. As new construction activity in Philadelphia declines, demand is expected to outpace supply, driving further rental growth in the coming years, presenting a unique opportunity for investors to acquire a turnkey, income-producing asset with long-term upside.

Location

State PA

County Philadelphia

Area 19128 (19128)

Zoning RTA1

Interior

Hot Water Electric

Heating Central

Cooling Central A/C

Heat Source Natural Gas

Exterior

Garage Spaces 6.0

Water Access N

View City

Roof Type Fiberglass

Accessibility None

Total Parking Spaces 6

Garage N

Building

Lot Description Corner

Foundation Other

Sewer Public Sewer

Water Public

New Construction Y

Schools

School District The School District Of Philadelphia

Others

Tax ID 888212234

Ownership Condominium

Special Listing Condition Standard

Read Less Info
Bright MLS (BMLS)
advisor-avatar

"Simone's passion for real estate and her love for "The DMV" are a perfect match. She has made it her mission to help local residents sell their homes quickly and at the best possible prices. Equally, she takes immense pride in assisting homebuyers in finding their perfect piece of paradise in DC, Maryland and Virginia. "

+1(703) 507-7614

simone@thevelvelgroup.com

11003 Glueck Lane, Kensington, Maryland, 20895, USA

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6526 RIDGE AVE #A

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