3339 RIDGE AVE, Philadelphia, PA 19132
3339 RIDGE AVE, Philadelphia, PA 19132
3339 RIDGE AVE, Philadelphia, PA 19132
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Fran Valerio

Fran Valerio

+1(717) 602-0551
Listed by Alyce Gerhardt • Keller Williams Liberty Place
$575,250
Est. payment /mo
3,350 SqFt
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UPDATED:

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

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Bright MLS (BMLS)

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Fran Valerio
Fran Valerio

Listing Specialist, Team Leader | RS RS311467

+1(717) 602-0551 | fvalerio@soldincentralpa.com

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