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1540 Ridge Avenue Philadelphia, PA $ 2,600,000
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$ 2,600,000 Get more info
1540 Ridge Avenue
$ 2,600,000
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Recently Listed New Construction
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1540 Ridge Avenue

Philadelphia, PA, 19130
$ 2,600,000
Bedrooms-- Baths-- Sq 10,500

Monthly Estimate*

$ 16,009

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Commercial Property for sale in Philadelphia, PA

for $2,600,000. This 10,500 square foot building was built in 2019 on a lot size of 0.05.

PRIME INVESTMENT OPPORTUNITY! We are proud to present 1540 Ridge Avenue: * 8 one bedroom apartments with two of these units being penthouse units with private roof deck access * 2 Ground Floor Commercial Spaces * 100% stabilized property * Tax abated building (4+ years left on the tax abatement) * Stainless Steel Appliances, Washer and Dryer in every unit, quartz countertops * Elevator building * Located in the heart of booming Francisville * A short walk to SEPTA Girard/Broad St Station, The Met Philadelphia, along with coffee shops, restaurants, gyms and many other retailers. * The Francisville neighborhood is popular among renters due to its proximity to Center City and Temple University. Please reach out for additional information and financials.

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Commercial Active

Price

$ 2,600,000

Property Type

Commercial

Taxes

$ 1,701

Style

Apartment Building

Lot Size

0.05

Year Built

2019

Town/City

Philadelphia

County/Region

Philadelphia

MLS | Web ID

PAPH2596366
Features
Interior
Heating Fuel Electric
Hot Water Electric
Total Stories 5
Heating Y/N Y
Central Air Y/N Y
Number of Elevators 1
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General
Sewer On Site Septic
Heating Central
Cooling Central A/C
Possession Settlement
Zoning CMX25
Security Features Fire Detection System Exterior Cameras Carbon Monoxide Detector(s) Main Entrance Lock Motion Detectors Non-Monitored Smoke Detector Sprinkler System - Indoor
Construction Materials Masonry
Year Built 2019
Property Subtype Five Or More Units
Tax Year 2020
Ownership Fee Simple
Cool Fuel Electric
Municipality PHILADELPHIA
Business Type Apartment Building
Accessibility Elevator
County PHILADELPHIA
New Construction Y
Property Type Commercial Sale
Subdivision Name FRANCISVILLE
Water Access Y/N N
Status ACTIVE
Directions At the corner of 16th and Ridge
City PHILADELPHIA
Number Of Units Total 4
MLS Area 19130 (19130)
Lot Size Units Square Feet
Lot Size Square Feet 2017.00
Tax Annual Amount 1701.0
Property Condition Excellent
Price Per Sq Ft Total AG 247.62
Construction Completed Y/N Y
Vacation Rental Y/N N
Standard Status Active
Year Built Source Estimated
Tax Lot 280
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Exterior
Water Source Public
Type of Parking On Street
Water View Y/N N
Building Area Total 10500.00
Lot Size Acres 0.05
Lot Size Source Estimated
Waterfront Y/N N
Land Assessed Value 121500.00
Navigable Water Y/N N
Water Oriented Y/N N
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Internal Only
Street Number 1 1540
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* Excluded Features
List By
Howard Hanna Real Estate Services

Broker

bob@phillypropertygroup.com

Email

Affordability Calculator

$16,150
Per Month
99%
1%
0%
Monthly Principal & Interest
$16,009
Monthly Property Taxes
$142
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
2136830 Elementary School
2137124 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
3/18/2026$2,600,000 Listed Price

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1540 Ridge Avenue, Philadelphia, PA, 19130 is a Commercial Property for sale at $2,600,000 with 10,500 sqft and a lot size of 0.05. 1540 Ridge Avenue was built in 2019. The property's zip code is 19130 which is in Philadelphia, PA

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