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5912 RIDGE AVE Philadelphia, PA 19128
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Key Details
Sold Price $500,000
Property Type Commercial
Sub Type Mixed Use
Listing Status Sold
Purchase Type For Sale
Square Footage 3,302 sqft
Price per Sqft $151
MLS Listing ID PAPH2392988
Sold Date 11/01/24
Originating Board BRIGHT
Year Built 1930
Annual Tax Amount $3,863
Tax Year 2024
Lot Size 0.402 Acres
Acres 0.4
Lot Dimensions 135.00 x 130.00
Property Description
5912 Ridge is located in a surging Roxborough neighborhood with positive rental growth and demand in Northwest Philadelphia. This income-generating, mixed-use, 2-unit property features 1 commercial unit and 1 residential apartment boasting high visibility and foot traffic, making it a lucrative investment. Roxborough residents and businesses are reinventing this community, redefining it for a new generation. Come and be a part of this vibrant community! Owner occupied orthodontist in commercial space, willing to lease from a new owner or vacate, open to all negotiations. First floor of the commercial space houses multiple rooms utilized for patients and office space. Also features a rear kitchen and 2 half baths. Second floor of the commercial space includes two rooms, a large walk-in closet and a full bath. The residential unit, accessible via a separate entrance from the expansive rear yard, is a charming one-bedroom apartment. One bedroom with living room, kitchen and full bath, laundry facilities in the unit. The possibility of expanding into a larger unit exists. Did we mention ample off street parking that accommodates 10+ cars and a detached garage! This property presents a fantastic opportunity for individuals interested in either renting out the apartment while operating a business on the ground floor, or for those seeking the convenience of living upstairs while running a business downstairs. The prime Roxborough location provides access to parks (Gorgas Park, Wissahickon Valley Park, Fairmount Park) and public transportation (Septa). Manayunk’s downtown district is right next door and Center City Philly is just 15 minutes away. Easy access to local amenities, including shops, restaurants, parks, and public transportation. Schedule your showing today!
Location
State PA
County Philadelphia
Area 19128 (19128)
Zoning RSD1
Interior
Hot Water Other
Heating Radiant
Cooling Central A/C, Window Unit(s)
Heat Source Natural Gas
Exterior
Garage Spaces 10.0
Waterfront N
Water Access N
Accessibility None
Total Parking Spaces 10
Garage N
Building
Sewer Public Sewer
Water Public
New Construction N
Schools
School District The School District Of Philadelphia
Others
Tax ID 871527550
Ownership Fee Simple
SqFt Source Assessor
Special Listing Condition Standard
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Bought with Robert Enslin III • Kershaw Real Estate
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