3339 RIDGE AVE, Philadelphia, PA 19132
3339 RIDGE AVE, Philadelphia, PA 19132
3339 RIDGE AVE, Philadelphia, PA 19132
3339 RIDGE AVE, Philadelphia, PA 19132
3339 RIDGE AVE, Philadelphia, PA 19132
3339 RIDGE AVE, Philadelphia, PA 19132
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Listed by Alyce Gerhardt • Keller Williams Liberty Place
$ 575,250
Est. payment | /mo

3,350 SqFt


Save
$ 575,250
Est. payment | /mo
Save

3,350 SqFt

Key Details

Property Type Multi-Family, Townhouse

Sub Type Interior Row/Townhouse

Listing Status Active

Purchase Type For Sale

Square Footage 3,350 sqft

Price per Sqft $171

Subdivision Strawberry Mansion

MLS Listing ID PAPH2646186

Style Contemporary

Abv Grd Liv Area 3,350

Year Built 1915

Annual Tax Amount $921

Tax Year 2025

Lot Size 1,405 Sqft

Acres 0.03

Lot Dimensions 16.00 x 89.00

Property Sub-Type Interior Row/Townhouse

Source BRIGHT

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.

Location

State PA

County Philadelphia

Area 19132 (19132)

Zoning RM1

Interior

Hot Water Natural Gas

Heating Central

Cooling Central A/C

Fireplace N

Heat Source Natural Gas

Exterior

Water Access N

View City

Accessibility None

Garage N

Private Pool No

Building

Foundation Other

Above Ground Finished SqFt 3350

Sewer Public Sewer

Water Public

Architectural Style Contemporary

Additional Building Above Grade, Below Grade

New Construction N

Schools

School District The School District Of Philadelphia

Others

Tax ID 282269800

Ownership Fee Simple

SqFt Source 3350

Special Listing Condition Standard

Bright MLS (BMLS)

Nearby Locations

Charles C. Heyward, Jr.

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(240) 604-9639

charles@heywardhomes.com

16701 Melford Blvd, Ste 100, Bowie, MD, 20715

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3339 RIDGE AVE