GREAT CASH FLOW OPPORTUNITY! 2926 Ridge Avenue is ready!!!

This captivating (4 + 1 ADU) multi-family includes a commercial storefront with an attached additional dwelling unit. This is the opportunity to obtain a unique development in a rapidly appreciating market with the ability to increase rent over time. Spacious units that feature both modern amenities and original character. New floors, plenty of natural lighting, open kitchen plan, stainless steel appliances, beautiful tile backsplash, living room areas. All units are newly renovated 2021/22 - All GE stainless steel appliances, granite countertops, w/ unique backsplashes & finishes. All units have newly renovated bathrooms. Meticulously maintained and ready for the next investor! All units are self-contained (ALL ELECTRIC & HVAC). There is an intercom system in each unit. Keyless entry, security cameras installed. Walking distance to Blaine Middle School and Strawberry Mansion High School. Unit mix: (2) 2Bed /1Bth, (1) 1Bed / 1Bth, (1) Commercial Unit w/ (1) ADU – Studio (Can be used separately). Lower Level Commercial space/storefront can easily be used as an office, retail or commercial use, hair salon/barbershop, Small Cafe, etc. This quad +1 is turnkey, located in a busy commercial district, close to public transportation, shops, less than 5miles to center city Philadelphia.

ZONING - CMX-2
The sale can be contingent upon receipt of the renter's license (waiting for city to upload)

Commercial Spaced Occupied (Daycare) at $1500 p/m 10 Yr. Lease
2nd Floor Rear tenant Occupied $1100 p/m
Projected Remaining Units
1st Floor Rear Projected $1200
2nd Floor Front Projected $1150
3rd Floor Projected $1400