Philadelphia, PA 19121,2147 RIDGE AVE
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Philadelphia, PA 19121,2147 RIDGE AVE
Philadelphia, PA 19121,2147 RIDGE AVE

$61,000

Est. payment /mo

$65,000

6.2%
Est.Price: ?

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2147 RIDGE AVE Philadelphia, PA 19121

1,439 Sqft Lot

SOLD DATE : 06/02/2017

Key Details

Sold Price $61,000

Property Type Commercial

Listing Status Sold

Purchase Type For Sale

Subdivision Sharswood

MLS Listing ID 1003650267

Year Built 1915

Annual Tax Amount $1,372

Tax Year 2017

Lot Size 1,439 Sqft

Property Description

Welcome to 19121 the New Gold Mine. Yes right across Girard Ave the adjacent to 19130 on Ridge Avenue is where the boom from Francisville will continue. One must look at the Sharswood /Bloomsburg transformation Plan. A 700 million dollar project that has been riddled in negative press. Be a part of the transformation effort! Yes the city used imminent domain to acquire 1300 properties. Yes Phase one is still not occupied but 57 units are ready for new tenants. Yes the work force housing at the Point is being built and pre-construction sales are under way...Yes houses can be bought for 5k but I am offering you my 7 month speculation study along with a fine commercial property in the heart of this project. Look at the comps on the 2000 block of Ridge, two huge sales in 2015. All of the PHA entities have already been rezoned/ completed into 2041 Ridge. Look at L&I records, who is David Gest from Ballard Spar, what are they building there, where has the 150 million dollars gone to? PHA is not going away they are rich with land and my favorite saying is "Buy Land God isnt making any More" . 2147 Ridge was Burstons Seafood and is up and running work and permits are in the works. This Building will print cash with the two apartments above rented, perhaps to Temple students and lets not forget the commercial space and what one could rent that for. Come to Sharswood, we begin with the commercial cooridor then buy blocks of property... 2151 Ridge under contract for 103k which will be first comp in 3 digits sales.

Location

State PA

County Philadelphia

Area 19121 (19121)

Zoning CMX2

Rooms

Other Rooms Primary Bedroom

Exterior

Water Access N

Building

Sewer Public Sewer

Water Public

New Construction N

Schools

School District The School District Of Philadelphia

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Bright MLS (BMLS)
Listed by Robert Brooks • New Trend Realty
Bought with Non Subscribing Member • Non Member Office

Jason Gareau

Broker

+1(609) 929-4486

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