4169 Ridge Avenue, Philadelphia, PA 19129-1545 $429,900
Interior Sq. Ft: 2,635
Acreage: 0.03
Age:85 years
Taxes: $3,309
Subdivision: East Falls
Design/Type:
Interior Row/Townhouse
Description
Take advantage of the short window of opportunity for an owner-occupant to live in one unit for less than the amount to rent it [and take advantage of some great grant opportunities]! For the investor, you will have at least $600 (30%) in cash flow! So, if you are tired of big-box living and cookie-cutter housing, check out 4169 Ridge Ave today! Quality and character count, and this brick townhouse and neighborhood offer both. Depending on lifestyle realities, this duplex offers convenience and flexibility for busy lives, blended families, and even business partners! Having commercial-mixed-use zoning, consider using the 1st floor for your business and living on the 2nd floor! WHAT IS PRACTICAL AND AFFORDABLE: Maybe you are just starting out (again?) and looking to offset your own mortgage with the income from the second apartment. Maybe you would like to keep parents, relatives, caregivers, or other close-ones nearby. Consider offering them one unit, and you live separately in the other! Imagine an easier, more practical way of living- here in East Falls, Philly’s only gateway neighborhood to the Schuylkill River, consistently ranked among the top most desirable Philadelphia neighborhoods to live and visit. WHAT THE PROPERTY OFFERS BESIDES INCOME POTENTIAL: This 3-story, porch-front legal duplex is conveniently located just steps from the Schuylkill Trail & Kelly Drive at Midvale. Walk and Bike scores of 84 and 85, respectively! Each unit has outdoor space and in-unit laundry. Behind the property is a no-outlet access alley bordered by green space. Off-street parking is available but not guaranteed. The 1st-floor unit has 1 bedroom/1 bathroom with a full kitchen, basement access, a small office/storage room, and a rear yard with a deck and garden. The 2nd & 3rd Floor Unit is a bi-level, 3 bedroom/1 bathroom residence with a lovely view of the river large & sunny bedrooms. It has a full kitchen with a rear entryway door leading to the back deck, which overlooks the green space. Unit 2 is rented through 9/30/2024, so act now if you are considering living here. Since the utilities are separate, the Landlord only pays for cold water; tenants pay for hot water, heat, & electric for their units. AREA CONVENIENCES: Just over 1 mile (a 5-minute drive) to the Wissahickon SEPTA commuter rail stop and 2-3 minutes get you to I-76 or US Route 1. Local groceries like Shop Rite & Acme are just 5-10 minutes away. The latter has an EV car charging station on Ridge Ave. Farmers, Market, restaurants, fresh cookies & bread, excellent elementary school, Jefferson U, historic library, nature trails, kayaking…all paces or a short walk from the front door. This is the opportunity you’ve been waiting for so schedule your appointment (with 24 hours’ notice) today! [Ask the Listing Agent about a 5% + $25,000 grant program that may be available to an eligible owner-occupant for this wonderful opportunity to live in their investment!]
Home Assoc: No
Condo Assoc: No
Buyer Agency Comp*:
Basement: Y
Pool: No Pool
Elem. School: Mifflin ThomasMid. School: Mifflin ThomasHigh School: Academies At Roxborough
Features
Utilities
Hot Water Heating, Natural Gas, Window Unit(s) Cooling, None, Hot Water - Natural Gas, Public Water, Public Sewer
Garage/Parking
On Street
Interior
Carpet, Wood Floors, Full Basement, Ceramic Tile Flooring, Wood Flooring
Exterior
Stone Foundation, Masonry
Select a school from the following list. Schools are grouped by school type.
The schools on this list are selected by their proximity of up to 5 miles to the property address.
Proximity does not guarantee enrollment eligibility. Please contact the school directly for more information on enrollment requirements.
* If there are more than 5 schools of any type within a close proximity, click on the button to see additional schools of that type near the search address.
Public Elementary (148 schools)
Public Middle (25 schools)
Public High (67 schools)
Private (142 schools)
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This report is a detailed community overview for Philadelphia (19129), Pennsylvania.
Community Quick Facts
- Average travel time to work for people in this community: 36
- Average salary of people in this community: $64,146
Community Summary
- Population Density (ppl / mile): 4,908
- Household Size (ppl): 2.21
- Households w/ Children: 38%
Housing Inventory
- Owned: 2,249 (44.2%)
- Rented: 2,422 (47.6%)
- Vacant: 417 (8.2%)
- Total: 5,088
Population Demographics
The population of the community broken down by age group. The numbers at the top of each bar indicate the number of people in the age bracket below.
Climate and Weather
The Temperature chart displays average high and low values for January and July, and is designed to provide an indication of both seasonal and daily temperature variability. The Weather Risk Index indicates the calculated risk of each type of weather event occurring in the future. This risk is based on historical localized storm events and weather patterns. The national average for each type of weather event equals a score of 100, so a score of 200 would represent twice the risk as the national average, and a score of 50 would represent half the risk of the national average.
Temperature
Education
Highest Level of Education Attained
- Less than 9th Grade: 0.5%
- Some High School: 4.3%
- High School Graduate: 17.2%
- Some College: 12.3%
- Associate Degree: 2.9%
- Bachelor's Degree: 30.7%
- Graduate Degree: 32.0%
Income by dollar range
Median Income: $79,034
Fair Market Rents
The Fair Market Rents show average gross rent estimates based on figures provided by the U.S. Department of Housing and Urban Development (HUD).
- Studio: $635
- One Bedroom: $1,270
- Two Bedroom: $1,493
- Three Bedroom: $1,276
- Four Bedroom: $1,825
© 2024 LiveBy. All Rights Reserved.
Contact Information
Schedule an Appointment to See this Home
Request more information
or call me now at 302-285-5100
Listing Courtesy of: KW Empower , vicki@kwempower.com
The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which Patterson-Schwartz Real Estate participates, and is provided by BRIGHT through a licensing agreement. The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information Deemed Reliable But Not Guaranteed.
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Listing data as of 10/06/2024.