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2518 Ridge Ave, 
Philadelphia, PA 19121

$600,000


6

Beds


Bath


3,004

Sq Ft


Multi-Family

Active

Listed by

Niaz Butt

Honest Real Estate

Last updated:

May 19, 2025, 01:30 PM

MLS#

PAPH2477770

Source:

BRIGHTMLS

About This Home

2518 Ridge Ave

Newer Construction Duplex – Prime Investment Opportunity with Strong Cash Flow Don’t miss this excellent opportunity to own a high-performing newer construction duplex with strong rental income and low maintenance! Each spacious unit features 3 bedrooms and 3 full bathrooms, offering modern layouts perfect for tenants seeking comfort and convenience. Both units are equipped with in-unit washer and dryer, and enjoy quality finishes throughout. The property currently generates $3,925 per month in rental income from stable, long-term tenants with a solid payment history—ideal for investors looking for steady cash flow from day one. Additional highlights include: 5 years remaining on the tax abatement, significantly reducing operating expenses Newer construction – minimal maintenance required Tenants pay flat utility fee High rental demand area with strong tenant retention Whether you're an investor looking to expand your portfolio or a buyer seeking to live in one unit while renting the other, this is a turn-key property you won’t want to miss.

Home Facts

Multi-Family

6 Bedrooms

Built in 2020

Price Summary

600,000

$199 per Sq. Ft.

MLS #:

PAPH2477770

Last Updated:

May 19, 2025, 01:30 PM

Added:

7 day(s) ago


Rooms & Interior

Bedrooms

Total Bedrooms:

6


Structure

Structure

Architectural Style:

Bi-level, Contemporary

Building Area:

3,004 Sq. Ft.

Year Built:

2020


Lot

Lot Size (Sq. Ft):

871


Finances & Disclosures

Finances

Price:

$600,000

Price per Sq. Ft:

$199 per Sq. Ft.

Source:BRIGHTMLS
The information being provided by Bright MLS is for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information is deemed reliable but not guaranteed and should therefore be independently verified. © 2025 Bright MLS All rights reserved.

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