6936 Ridge Avenue

Philadelphia, PA
$ 539,000 Beds 4 Baths 0
Monthly Estimate* How much can I afford?

Opportunity to own and run a successful Airbnb in the desirable Roxborough community. Named one of the safest neighborhoods in Philadelphia, Roxborough now features one of Philadelphia’s newest historic districts. This charming triplex generates over $55,000 in annual rents. All three apartments are furnished and rented for 30 days or greater on Airbnb to traveling nurses, students, and travelers. The property was designated historic as part of the recent historic district formation, and this unique element provides differentiation from other Airbnbs and has allowed the current owner to raise rents. This meticulously landscaped corner property is situated within walking distance to shops and restaurants. It is also less than a mile from Ivy Ridge Train station which provides access to Center City, Philadelphia. The current NOI is approximately $33k with a 6% cap rate. There is an opportunity to offer stays less than 30 days and generate $60-70/night/apartment and drive the cap rate much higher. Come and see this turnkey opportunity!

Contingent

  • Price
  • $ 539,000
  • Lot Size
  • 4,356 SqFt
  • Bedrooms
  • 4
  • Full Bathrooms
  • 0
  • Year Built
  • 1925
  • Half Bathrooms
  • 0
  • City, Zip
  • Philadelphia
  • Taxes
  • $ 3515
  • County
  • PHILADELPHIA
  • Style
  • Colonial
  • Area
  • 19128
  • MLS#
  • PAPH1000664
  • Zip
  • 19128
Listing Provided by: 20/20 Real Estate
Data Source: Bright MLS

Features

General

Accessibility None
Architectural Style Colonial
Basement Other
Construction Materials Stone
Cool Fuel Electric
Cooling Wall Unit
County PHILADELPHIA
Days on Market 29
Garage Spaces 1.00
Garage Y/N Yes
Heating Hot Water
High School District THE SCHOOL DISTRICT OF PHILADELPHIA
MLS Area 19128 (19128)
Municipality PHILADELPHIA
New Construction No
One Bedroom Units Count 2
Other Structures Above Grade, Below Grade
Ownership Fee Simple
Possession Immediate
Price Per Sq Ft 242.36
Property SubType Triplex
Property Type Multi-Family
Sewer Public Sewer
Structure Type Detached
Tax Annual Amount 3515.0
Tax Lot 25
Tax Year 2021
Total Units 3
Two Bedroom 1
Vacation Rental Y/N No
Water Access Y/N No
Zoning RSA3

Interior Features

Basement Y/N Yes
Central Air Y/N No
Heating Fuel Natural Gas
Heating Y/N Yes
Hot Water Electric
Living Area 2224
Total Fireplaces 1

Exterior Features

# Of Detached Garage Spaces 1
Garage Features Garage - Rear Entry
Lot Dimensions 31.00 x 98.66
Lot Size Acres 0.10
Lot Size Source Assessor
Lot Size Square Feet 4535.00
Navigable Water Y/N No
Pool Y/N No Pool
Total Parking Spaces 1
Type of Parking Detached Garage
Water Oriented Y/N No
Water Source Public
Water View Y/N No
Waterfront Y/N No

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Affordability Calculator

$2,869

Per Month

Based on the average sale price from the Vienna, VA office

  • Monthly Principal & interest $1,740
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
Adjust Payment Options
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Let's determine your purchasing power. Working with my mortgage partner, you'll have the information you need to shop for a home with confidence.

Default based on a 30-year fixed rate of 3.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.

Schools

Elementary School Unknown Elementary School
Middle School Unknown Middle School
High School Unknown High School

Price History

4/5/2021 Listed $549,000
5/1/2021 2% - $539,000

Property vs Zip Code Average in 19128

Price
AVG $310K
$540K
Taxes
AVG $3,251
$3,515
Visits
AVG 42
49
Year Built
AVG 1939
1925

Map

6936 Ridge Avenue Philadelphia, PA is a Single Family Home for sale at $539000 and a lot size of 4,356 SqFt Acre(s). 6936 Ridge Avenue Philadelphia has 4 bedrooms, 0 baths and was built in 1925. The property's zip code is 19128 which is in Philadelphia, PA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 3.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.