New construction

2518 Ridge Avenue, Philadelphia, PA 19121

Beds
6
Sqft
3,004

View property features, location on map, relevant school information and overview from seller's agent.

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Overview

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.

Location

Full feature list

Basic info

Number of bedrooms
6
Square feet
3,004
Lot size (acres)
0.02
Year built
2020
Days on market
6

Interior features

Basement
Yes, finished

Exterior features

New construction
Yes

Utilities

Heating
Electric, Forced air
Cooling
Central air, Electric
Sewer
Public sewer
Water
Public

Taxes

Tax Annual Amount (2024)
$1,668

Disclaimer: Certain information displayed on this listing has been derived from parties other than Final Offer, LLC. Information provided and their sources have been deemed reliable, but accuracy of information is not guaranteed and therefore should be independently verified.

Sourced from: Bright MLS MLS®#: PAPH2477770 Last checked:

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