$1,880,000

1029 RIDGE AVE, Philadelphia, PA 19123

other
Built in 1903
4,792sqft lot
—— car garage
$——/sqft
Listed 12 days ago

Property Description

This building has been completely renovated a few years ago. There are 5 residential unit plus one commercial unit on the first floor. The landlord is currently using the first floor commercial space. The other 5 units are leased out. Its a turn key business. It has very high cap rate compared to other properties in Chinatown area. The property in this area tend to appreciate unexpectedly. Come and check it out.

Listing Status:: Active
Data Last Updated:: March 24, 2026 at 6:21PM
Listing Office:: Liberty Real Estate : 2156254725
Listing Agent:: Richard Q Li : 2677677612
MLS ID:: PAPH2593354

A/C: Central A/C
Heating: CentralElectric
Disability Feature: None

General: BrickBlockConcrete

Originating MLS: BRIGHT_MAIN
School District: THE SCHOOL DISTRICT OF PHILADELPHIA
County: PHILADELPHIA-PA

Zoning: INDUS056312615

Water: Public
Sewer: Public Sewer

Source: BRIGHT_MAIN

This listing courtesy of Richard Q Li , Liberty Real Estate

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

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Location

Schools Nearby

Spring Garden School

1146 Melon St, Philadelphia, PA, 19123

Grades KG-8

0.36 miles away

Spring Garden School

1146 Melon St, Philadelphia, PA, 19123

Grades KG-8

0.36 miles away

Parkway Center City Middle College

540 N 13th St, Philadelphia, PA, 19123

Grades 9-12

0.29 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.