$575,250

3339 RIDGE AVE, Philadelphia, PA 19132

  • 3,350 sqft
  • Property Icon Triplex
  • Property Year Built Icon Built in 1915
  • Property Lot Size Icon1,307sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $172/sqft
  • Property List Date Icon Listed 29 days ago

Property Description

3339 Ridge Avenue, a cash-flowing triplex. This 3,100 sq. ft. multifamily property features three spacious 2-bedroom units, including Unit A with 2.5 baths. The building is fully sprinklered and includes an unfinished basement, offering additional storage or utility space. Current rents total $4,550/month, generating $54,600 in annual gross income. Based on current expenses, the property produces an estimated NOI of $49,378.09 and an approximate in-place cap rate of 8.37%. Property Highlights: • Triplex with three income-producing units • Current monthly rent: $4,550 • Annual gross income: $54,600 • Estimated NOI: $49,378.09 • cap rate: 8.37% • 3,100 sq. ft. A strong addition to any investor portfolio with solid in-place income and long-term rental upside.

Listing Status:
Active
Data Last Updated:
August 8, 2026 at 12:18AM
Listing Office:
Keller Williams Liberty Place : 6093995454
Listing Agent:
Alyce Gerhardt : 5706908064
MLS ID:
PAPH2646186
  • A/C: Central A/C
  • Heating: CentralNatural Gas
  • Disability Feature: None
  • General: Bump-outsAbove GradeBelow Grade
  • Style: Contemporary
  • General: MasonryOther
  • Originating MLS: BRIGHT_MAIN
  • School District: THE SCHOOL DISTRICT OF PHILADELPHIA
  • County: PHILADELPHIA-PA
  • Zoning: RM1282269800
  • View: City
  • Water: Public
  • Sewer: Public Sewer
  • Source: BRIGHT_MAIN

This listing courtesy of Alyce Gerhardt , Keller Williams Liberty Place

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

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