4855 RIDGE AVE, Philadelphia, PA 19129

• 3 beds |
• 1 bath |
• 1,182 sqft

Property Description

Attention Investors! 4855 Ridge in a turnkey rent and hold investment. Good solid tenant wants to stay, they are paying below market $ 1,650 a month. Property has a 7% cap rate at that rent. Market rent is $ 2,100 which would take cap rate to 12%! Moderate yearly increases could get you to market rent in 3 years but would only take 1 year to get to 10% cap rate! Located in sought after East Falls, This 3 Br. 1Ba is in close proximity to Manayunk and the Schuykill River Trail. The property offers a wonderful flow on the 1st level with a large family room, nice dining room, and kitchen. The 2nd level features 3 bedrooms, an updated bath, and a covered deck backing to woods. Newer Heater, main sewer line and basement waterproofing system. Tenant is on month to month lease. Current Tenant interested in extending lease. Close commute to/from colleges/universities (Phila. Univ, Temple, PCOM, St. Joe's, Drexel, PENN, Wharton School of Business, Lasalle, Univ of the Sciences, Univ of the Arts, Moore College, Pierce College).

Listing Status:

Active

Data Last Updated:

February 13, 2026 at 5:19PM

Listing Office:

Re/Max One Realty : 2159538800

Listing Agent:

Edward J. McDonald Jr. : 2154429388

MLS ID:

PAPH2580954

Interior

• Rooms: Living RoomDining RoomBedroom 2Bedroom 3KitchenBedroom 1
• Basement: Sump pumpWater proofing system
• A/C: Window Unit(s)
• Heating: Forced AirNatural Gas
• Disability Feature: None

Exterior

• General: Exterior LightingFlood LightsSidewalksAbove GradeBelow Grade
• Style: Other
• Other Structures: PorchPatio

Construction

• Roofing: Flat
• General: Masonry2Stone

Location

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

Lot

• Zoning: RSA5213191400
• View: City

Utilities

• Water: Public
• Sewer: Public Sewer

Financial

• Source: BRIGHT_MAIN