6526 RIDGE AVE #A Coming Soon Save Request In-Person Tour Request Virtual Tour
Philadelphia,PA 19128
Key Details
Property Type Commercial
Sub Type Five Or More Units
Listing Status Coming Soon
Purchase Type For Sale
Square Footage 13,000 sqft
Price per Sqft $180
Subdivision Roxborough
MLS Listing ID PAPH2483620
Year Built 2020
Available Date 2025-05-20
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