6601 Ridge Avenue, Philadelphia, PA 19128-2428 $5,085,000
Interior Sq. Ft: 15,864
Acreage: 0.06
Age:2 years
Taxes: $1,914
Subdivision: Roxborough
Design/Type:
Other
Description
Welcome to Ridge and Gorgas, a boutique collection of twenty (20) apartments located on the thriving commercial corridor of Ridge Avenue in Roxborough — a neighborhood surging with positive rental growth and demand in Northwest Philadelphia, just outside of the city center. A careful mixture of historically renovated (6605-7 Ridge) and new construction (6601 Ridge + 509-11 Gorgas) properties are included in this stabilized investment 5-building offering. All of the subject properties are clustered at the NE intersection of Ridge and Gorgas, providing exceptional critical mass for operations, management and leasing. Additionally, another set of buildings can be packaged for sale nearby (enquire within for details) totaling fifty (50) units in three (3) more buildings from the same developer. Ridge and Gorgas features a diverse blend of 1bd, 2bd and 3bd apartments. A full 10 year tax abatement through 2031 provides additional investment security. Quartz countertops, stainless steel appliances, contemporary cabinetry and flooring throughout. Private patios for select units and washer/dryer in every unit. The Roxborough neighborhood is currently benefiting from a surging wave of demand as renters seek more spacious, value-oriented accommodations just outside of Philly’s urban core — without sacrificing convenience, connectivity or style standards typically seen in Class-A apartment properties Downtown. 5 contiguous buildings included in the 20-unit breakdown. Buyer responsible to verify SF, taxes in DD.
Home Assoc: No
Condo Assoc: No
Basement:
Pool: No Pool
Features
Utilities
Central Heating, Electric, Central A/C, Electric, Hot Water - Electric, Public Water, Public Sewer
Garage/Parking
Driveway
Interior
Luxury Vinyl Plank Flooring, Accessibility - Ramp - Main Level
Exterior
Concrete Perimeter Foundation, Brick Exterior, Stone Exterior
Lot
Corner Lot, Urban, City View
Select a school from the following list. Schools are grouped by school type.
The schools on this list are selected by their proximity of up to 5 miles to the property address.
Proximity does not guarantee enrollment eligibility. Please contact the school directly for more information on enrollment requirements.
* If there are more than 5 schools of any type within a close proximity, click on the button to see additional schools of that type near the search address.
Public Elementary (82 schools)
Public Middle (7 schools)
School | District | Grades | Place | Distance |
---|---|---|---|---|
Amy NW | Philadelphia City School District | 6–8 | Philadelphia | 0.79 mi |
Welsh Valley Middle School | Lower Merion School District | 5–8 | Narberth | 1.83 mi |
Bala-Cynwyd Middle School | Lower Merion School District | 5–8 | Bala Cynwyd | 2.05 mi |
Widener Memorial School | Philadelphia City School District | K–12 | Philadelphia | 4.05 mi |
Wagner Gen Louis Middle School | Philadelphia City School District | 6–8 | Philadelphia | 4.11 mi |
Cedarbrook Middle School | Cheltenham School District | 7–8 | Wyncote | 4.45 mi |
Springfield Township Middle School | Springfield Township School District | 6–8 | Oreland | 4.73 mi |
Public High (28 schools)
Private (111 schools)
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This report is a detailed community overview for Philadelphia (19128), Pennsylvania.
Community Quick Facts
- Average travel time to work for people in this community: 32
- Average salary of people in this community: $57,876
Community Summary
- Population Density (ppl / mile): 5,258
- Household Size (ppl): 2.29
- Households w/ Children: 35%
Housing Inventory
- Owned: 9,518 (54.5%)
- Rented: 6,818 (39.0%)
- Vacant: 1,142 (6.5%)
- Total: 17,478
Population Demographics
The population of the community broken down by age group. The numbers at the top of each bar indicate the number of people in the age bracket below.
Climate and Weather
The Temperature chart displays average high and low values for January and July, and is designed to provide an indication of both seasonal and daily temperature variability. The Weather Risk Index indicates the calculated risk of each type of weather event occurring in the future. This risk is based on historical localized storm events and weather patterns. The national average for each type of weather event equals a score of 100, so a score of 200 would represent twice the risk as the national average, and a score of 50 would represent half the risk of the national average.
Temperature
Education
Highest Level of Education Attained
- Less than 9th Grade: 1.1%
- Some High School: 4.7%
- High School Graduate: 23.0%
- Some College: 13.8%
- Associate Degree: 6.1%
- Bachelor's Degree: 31.0%
- Graduate Degree: 20.4%
Income by dollar range
Median Income: $74,564
Fair Market Rents
The Fair Market Rents show average gross rent estimates based on figures provided by the U.S. Department of Housing and Urban Development (HUD).
- Studio: $984
- One Bedroom: $1,129
- Two Bedroom: $1,381
- Three Bedroom: $1,840
- Four Bedroom: $2,175
© 2024 LiveBy. All Rights Reserved.
Contact Information
Schedule an Appointment to See this Home
Request more information
or call me now at 302-285-5104
Listing Courtesy of: Keller Williams Liberty Place , (609) 399-5454, paul@teamoceanside.com
The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which Patterson-Schwartz Real Estate participates, and is provided by BRIGHT through a licensing agreement. The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information Deemed Reliable But Not Guaranteed.
Copyright BRIGHT, All Rights Reserved
Listing data as of 11/01/2024.
Broker Compensation
An offer of broker compensation or seller concession is not a guarantee. All compensation offers and concessions are negotiable and subject to written agreement between the parties. Please consult with your real estate agent for more information.