Listing provided courtesy of: Honest Real Estate.
2518 Ridge Avenue
Philadelphia, PA 19121-
Est. Payment/ mo
Newer Construction Duplex – Prime Investment Opportunity with Strong Cash Flow
Don’t miss this excellent opportunity to own a high-performing newer construction duplex with strong rental income and low maintenance! Each spacious unit features 3 bedrooms and 3 full bathrooms, offering modern layouts perfect for tenants seeking comfort and convenience.
Both units are equipped with in-unit washer and dryer, and enjoy quality finishes throughout. The property currently generates $3,925 per month in rental income from stable, long-term tenants with a solid payment history—ideal for investors looking for steady cash flow from day one.
Additional highlights include:
5 years remaining on the tax abatement, significantly reducing operating expenses
Newer construction – minimal maintenance required
Tenants pay flat utility fee
High rental demand area with strong tenant retention
Whether you're an investor looking to expand your portfolio or a buyer seeking to live in one unit while renting the other, this is a turn-key property you won’t want to miss.
PROPERTY DETAILS
- Price $600,000
- Price / Sq Ft $200
- Beds 6
- Bldg/Unit Size (Sq Ft) 3,004
- Building Units 2
- Land/Lot Size (Sq Ft) 871
- Property Type Residential Income
- Floors / Stories 3
- Year Built 2020
- MLS Number PAPH2477770
- Days on Market 1
TAXES & HOA
- Annual Taxes (USD) $1,668
CONSIDER SIMILAR LISTINGS
DISCLAIMERS, ANCILLARY INFO, DISCLOSURES & OTHER LEGAL STUFF
Listing provided courtesy of: Honest Real Estate. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information on each listing is furnished by the owner and deemed reliable to the best of his/her knowledge, but should be verified by the purchaser. BRIGHT MLS assumes no responsibility for typographical errors, misprints or misinformation. This property is offered without respect to any protected classes in accordance with the law. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Information is deemed reliable but not guaranteed. © 2025 by BRIGHT MLS. All rights reserved. Listing last updated on 05/12/2025 22:10:43
