For Sale Multi-Family MLS# PAPH2666930

2409 W RIDGE AVE

PHILADELPHIA, PA 19121

$1,170,000

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About 2409 W RIDGE AVE

Two Properties- 2409 Ridge Ave, Triplex & 2404 W Montgomery Ave Duplex

A standout opportunity to own two separate newer-construction buildings being sold together at 2409 Ridge Avenue and 2404 W. Montgomery Avenue. Built just five years ago, this unique five-unit offering includes a triplex on Ridge Avenue and a duplex on Montgomery Avenue, with approximately five years remaining on the Philadelphia tax abatement. The property consists of four 2-bedroom, 2-bath residences and one impressive 3-bedroom, 3-bath residence, with only one of the five units currently vacant. Inside, the residences feature high-end modern finishes, huge windows, expansive living spaces, high ceilings, oversized kitchens, gas cooking, and full-size laundry. Every unit is equipped with Nest thermostats, wired intercom/security systems, and built-in speaker wiring, bringing smart-home convenience throughout the property, including a penthouse with a massive private roof deck and Center City views, plus another spectacular roof deck serving the Montgomery Avenue building. Outdoor space, dramatic windows, and thoughtful layouts give these apartments the kind of features that consistently stand out in the rental market. Located near Temple University, Center City, Brewerytown, Sharswood, and Philadelphia's historic attractions, this is a rare chance to acquire a mostly occupied, newer-construction five-unit investment spread across two completely separate buildings. Both properties are being sold together.

Property details

Property

Type
Five or more units
MLS type
Multi Family Home
Status
Active
Year built
2020
Lot
0.15
Original price
$1,170,000
MLS #
PAPH2666930

Interior

Features
Central A/C, true, Central, Natural Gas
Heating
true, Central
Cooling
Central A/C

Exterior & lot

Construction
Stick Built
Lot
CMX2, 472089600

Schools

District
Philadelphia City School District

Utilities

Utilities
Public Sewer, Public
Water
Public
Sewer
Public Sewer

Financial

Financial
BRIGHT_MAIN
Annual tax
$807
Tax year
2025
Parcel
472089600

Location

Subdivision
BREWERYTOWN
Area
19121 (19121)
County
PHILADELPHIA-PA
Neighborhood
North Central
Community
PHILADELPHIA-PA, BRIGHT_MAIN, THE SCHOOL DISTRICT OF PHILADELPHIA
Directions
GPS

Location

Neighborhood
North Central
Subdivision
BREWERYTOWN
School district
Philadelphia City School District

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Listed by Colby Wallace, Mercury Real Estate Group

Listing information is provided by the participating MLS / IDX program and is deemed reliable but not guaranteed. All information should be independently verified. Equal Housing Opportunity.