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1617-19 RIDGE AVE
AI Property Summary
Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).
- Multifamily apartment building available for 3,500,000 acquisition
- Asset located at 1617-19 Ridge Ave in Philadelphia
- Property generates a cap rate of 6.43 percent
- Strategically situated within the established 19130 zip code
- Ideal residential investment in a prominent urban market
What's Special
Priced at 3,500,000, this multifamily apartment building is situated at 1617-19 Ridge Ave in Philadelphia. The asset serves as a stable investment within the 19130 ZIP code, a densely populated urban environment known for its proximity to center city and strong demand for rental housing. Philadelphia continues to anchor the regional economy with a diverse workforce and extensive access to transit infrastructure, making this property well-positioned for long-term residential occupancy. Investors seeking to capitalize on urban density and established residential corridors will find this building a functional addition to an existing portfolio. Its location provides accessibility to both local amenities and the broader metropolitan job market, supporting consistent tenant interest in this corridor. The property offers a straightforward opportunity to acquire a multi-unit asset in a major Pennsylvania market.
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