For Sale $2,650,000
Property Type Multi-Family
Property Size 4,650 SF
Units 5
Cap Rate % 5.67
Date Updated Apr 1, 2024

A five (5) unit, fully-leased hybrid development optimally situated atop NW PHL with a full 10 year tax abatement and 100% occupancy

Included in the offering are three (3) newly built 4bd x 3.5ba townhomes (along Delmar St) with garage + driveway parking (2-car parking each), balconies and rooftop terraces

Also included is a historic, vintage duplex repurposed with many of the same modern fittings and finishes seen in the townhomes, situated on a prime corner lot in the coveted Roxborough submarket—offering the perfect blend of city and suburban lifestyles

The duplex facing Ridge Avenue includes two (2) bi-level apartments— a 1bd x 1ba unit and a 2bd x 1.5ba unit

The Property is offered well below replacement costs and is set up as a condominium so the future owner can subdivide each property and profitably sell off assets individually if desired, as an alternative exit strategy

The area is known for extreme demand from both homeowners and renters alike, and is walkable to a bevy of amenities and natural areas like Gorgas Park, Wissahickon Valley Park and Fairmount Park

Want more info on this listing?

Reach out to the broker for more info on lease terms and amenities

Contacts

Brandon Ribeiro

Matthews Real Estate Investment Services

Location

Getting Around

Walk Score ®
83/100 Very Walkable
Transit Score ®
46/100 Some Transit
Bike Score ®
54/100 Bikeable

Map
Street

City Philadelphia, PA
Neighborhood Central Roxborough
Zip Code 19128
Market Philadelphia

Points of Interest

Ivy Ridge

0.71 miles
Manayunk

0.82 miles
Wissahickon

1.69 miles
Upsal

1.79 miles
Carpenter

1.88 miles
Tulpehocken

1.96 miles
Allen Lane

1.99 miles
Saint Martins

2.12 miles
Cynwyd

2.26 miles
Chelten Avenue

2.33 miles

Wawa

0.13 miles
Sunoco

1.12 miles
BP

1.13 miles
Roxy Gas & Snacks

1.17 miles
76

1.19 miles
Getty

1.20 miles
Sunoco

2.08 miles
Posh Fuel and Food

2.26 miles
Shell

2.36 miles
Conoco

2.40 miles

Parkway Lot A

0.81 miles
Cynwyd Heritage Trail

1.26 miles
CVS

1.28 miles
The Royal Athena garage

1.49 miles
Blue Bell Park

1.55 miles
Cynwyd Heritage Trail

1.57 miles
Hagy's Mill Parking Lot

1.77 miles
Cynwyd Heritage Trail Parking

1.77 miles
Cynwyd Heritage Trail Parking

2.25 miles
Sharon Baptist Church Auxiliary Parking

2.66 miles

Residence Inn

1.66 miles
Courtyard

2.30 miles
Crowne Plaza

2.30 miles
Hilton Philadelphia City Avenue

2.40 miles
Homewood Suites

2.42 miles
North American Motor Inns

2.47 miles
Residence Inn Philadelphia Conshohocken

4.86 miles
Philadelphia Marriott West

5.03 miles
Hotel West & Main -Tapestry by Hilton Collection

5.05 miles
Conwell Inn

5.33 miles

Barry's Steaks

0.39 miles
Dunkin'

0.41 miles
Dunkin'

0.53 miles
Wingstop

0.58 miles
Ruby Chinese Food

0.59 miles
Bob's Diner

0.64 miles
Tony Roni's

0.66 miles
Manhattan Bagel

0.74 miles
La Casa Bella

0.86 miles
Wendy's

0.87 miles

Roxborough High School

0.09 miles
Holy Family School

0.49 miles
Green Woods Charter School

0.62 miles
James Dobson Elementary School

0.62 miles
W. B. Saul High School

0.70 miles
Saint Marys School

0.76 miles
AMY Northeast Middle School

0.77 miles
Saint Josephat School

0.86 miles
Shawmont School

1.19 miles
Belmont Hills Elementary School

1.32 miles

Green Lane Nursery School

0.48 miles
Cooperative Nursery School

1.67 miles
Sacred Hearts Preschool

1.96 miles
Little Einsteins

2.26 miles
Brightside Academy

2.47 miles
Camelot Education

2.52 miles
Personal Touch Child Care

2.63 miles
Queens Lane Montessori School

2.69 miles
Germantown Day School

2.72 miles
Smart Center Academy Pre-School

3.03 miles

Frequently Asked Questions

What is the lease rate for 6526 Ridge Avenue?

Rental asking rate at 6526 Ridge Avenue is $1,325,000.00/YR.

What is the total square footage of 6526 Ridge Avenue?

6526 Ridge Avenue totals 4,650 square feet.

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