Philadelphia, PA 19128 6526 Ridge Avenue

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Presented By: Select Commercial Advisors
  • MLS# PAPH2485176
  • 05/21/2025
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  • Beds • 3

Home Details

6526 Manayunk is an historic duplex fully-renovated in 2020 with two bi-level apartments a 1bd x 1ba unit and a 2bd x 1.5ba unit. Approximately five years remain on the full 10-year tax abatement, offering substantial property tax savings. The duplex is a part of a condominium consisting of five total units: the fully-renovated duplex (2 units) as well as three (3) ground-up new construction townhomes, all turnkey and income-producing, in the highly-desirable Roxborough submarket. ($549,000 list price is for duplex only). The duplex currently generates $37,800 in gross annual rent, with room to boost rents to market rate. Each townhome features 4 Beds + 3.5 Baths, two-car parking, private balconies & roof decks. (Package price $2,349,000 for full five-unit portfolio). The condominium arrangement offers investors a unique opportunity to sell off units individually, or maintain as a multi-unit portfolio. Benefit from steady cash flow and strong appreciation potential driven by the rapidly-developing Manayunk-Roxborough submarket. 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.
Presented By: Select Commercial Advisors

Interior Features for 6526 Ridge Avenue

Bedrooms

Three Bedroom Units Count

Other Interior Features

LivingAreaSourceEstimated
BasementFull
Basement (Y/N)Yes
Central Air Y/NYes
Fireplace Y/NNo
Heating FuelNatural Gas
Heating Y/NYes
Hot WaterElectric

General for 6526 Ridge Avenue

AccessibilityNone
Architectural StyleContemporary
CityPHILADELPHIA
Construction MaterialsMasonry
Cool FuelElectric
CoolingCentral A/C
CountyPHILADELPHIA
DirectionsGoogle Maps
Garage Y/NNo
HeatingCentral
Location TypeUrban
Lot Size Square Feet6534.00
Lot Size UnitsSquare Feet
MLS Area19128 (19128)
ModificationTimestamp2025-05-21T08:49:40
MunicipalityPHILADELPHIA
New ConstructionNo
Number Of Units Total2
Number of Units Leased2
NumberOfUnitsVacant
One Bedroom Units Count1
Other StructuresAbove Grade, Below Grade
Other UnitsUnit 1, Unit 2
OwnershipFee Simple
PossessionImmediate
Price Per Sq Ft Total AG207.64
Property ConditionExcellent
Property SubtypeDuplex
Property TypeMulti-Family
School DistrictTHE SCHOOL DISTRICT OF PHILADELPHIA
SewerPublic Sewer
Single Room Units Count0
Standard StatusActive
StatusACTIVE
Structure TypeDetached
Subdivision NameROXBOROUGH
Tax Annual Amount1824.0
Tax Assessed Value130367.0
Tax Lot50
Tax Year2024
Total SQFT2644
Two Bedroom1
Vacation Rental Y/NNo
ViewCity
Water Access Y/NNo
Year Built1925
Year Built SourceEstimated
ZoningRTA1

Exterior for 6526 Ridge Avenue

Foundation DetailsOther
Land Assessed Value23100.00
Land Use CodeG58
Lot Dimensions0.00 x 0.00
Lot FeaturesCorner
Lot Size Acres0.15
Lot Size SourceEstimated
LotDimensionsSourceAssessor
Navigable Water Y/NNo
PoolNo Pool
Type of ParkingOn Street
Water Oriented Y/NNo
Water SourcePublic
Water View Y/NNo
Waterfront Y/NNo

Additional Details

Price History

Rachel Shepherd

Price $549,000
MLS#PAPH2485176
List Date 05/21/2025
Property Type Multi-Family
Phone 703.929.4729
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