About 6526 Ridge Ave #a
6526 Manayunk is a five-unit, turnkey, income-producing investment opportunity in the highly-desirable Roxborough submarket, featuring 5 total units comprised of a fully-renovated duplex and three ground-up new construction townhomes. Each townhome features 4 Beds + 3.5 Baths, two-car parking, private balconies & roof decks. Set up as a condominium, offering investors a unique opportunity to sell off units individually or maintain as a multi-unit portfolio. Acquire this high-quality, low-maintenance portfolio completed in 2020 with a blend of historic renovation plus ground-up new construction. Approximately five years remain on the full 10-year tax abatement, offering substantial property tax savings. Benefit from steady cash flow and strong appreciation potential driven by the rapidly-developing Manayunk-Roxborough. As new construction activity in Philadelphia declines, demand is expected to outpace supply, driving further rental growth in the coming years, presenting a unique opportunity for investors to acquire a turnkey, income-producing asset with long-term upside.
Features of 6526 Ridge Ave #a
MLS® # | PAPH2483620 |
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Price | $2,349,000 |
Bathrooms | 0.00 |
Square Footage | 12,990 |
Acres | 0.00 |
Year Built | 2020 |
Type | Commercial Sale |
Sub-Type | Condo, Five Or More Units |
Status | Active |
Community Information
Address | 6526 Ridge Ave #a |
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Area | 19128 |
Subdivision | ROXBOROUGH |
City | PHILADELPHIA |
County | PHILADELPHIA-PA |
State | PA |
Municipality | PHILADELPHIA |
Zip Code | 19128 |
Amenities
View | City |
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Is Waterfront | No |
Interior
Heating | Central |
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Cooling | Central A/C |
Has Basement | No |
Fireplace | No |
Exterior
Exterior | Brick and Siding |
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Lot Description | Corner Lot |
Roof | Fiberglass |
Foundation | Other |
School Information
District | THE SCHOOL DISTRICT OF PHILADELPHIA |
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Additional Information
Date Listed | May 21st, 2025 |
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Days on Market | 57 |
Zoning | RTA1 |
Foreclosure | No |
Short Sale | No |
RE / Bank Owned | No |
Listing Details
Office | Select Commercial Advisors |
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Contact Info | (215) 315-3326 |