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1029 RIDGE Avenue
PHILADELPHIA PA 19123 US

$1,750,000

Active Listing ID PAPH2496598
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Lot: 0.11 Acres
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Other

$1,750,000

Active Listing ID PAPH2496598
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1029 RIDGE Avenue This building has been completely renovated a few years ago. There are 5 residential unit plus one commercial unit on the first floor. The landlord is currently using the first floor commercial space. The other 5 units are leased out. Its a turn key business. It has very high cap rate compared to other properties in Chinatown area. The property in this area tend to appreciate unexpectedly. Come and check it out.

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Property Features

  • Facts
  • Lot Size: 0.11 Acres
  • Property Type: Other
  • Property Sub-type: Other
  • Features
  • Cooling System: Central Air
  • Heating Fuels: Central

Property

  • propertytype: Other
  • propertysubtype: Other
  • listprice: 1750000
  • unparsedaddress: 1029 RIDGE Avenue
  • postalcity: PHILADELPHIA
  • stateorprovince: PA
  • country: US
  • postalcode: 19123
  • bathroomsfull: 0
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeacres: 0.11
  • lotsizeunits: Acres
  • lotsizearea: 0.11
  • livingarea: 0
  • livingareaunits: Square Feet
  • latitude: 39.96012
  • longitude: -75.15588
  • listagentfullname: Richard Q Li
  • listagentemail: richard4493@gmail.com
  • listagentkey: 3yd-TRENDPA-3120138
  • listagentmlsid: 3120138
  • listagentpreferredphone: 2677677612
  • listagentofficephone: 2156254725
  • listofficekey: 3yd-TRENDPA-LBRTYRE
  • listagentstatelicense: RM421130
  • listofficemlsid: LBRTYRE
  • disclaimer: Copyright © 2025 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: TRENDPA
  • yearbuilt: 1903
  • listingcontractdate: 2025-06-19
  • countyorparish: PHILADELPHIA
  • elementaryschooldistrict: THE SCHOOL DISTRICT OF PHILADELPHIA
  • middleorjuniorschooldistrict: THE SCHOOL DISTRICT OF PHILADELPHIA
  • highschooldistrict: THE SCHOOL DISTRICT OF PHILADELPHIA
  • cooling: Central Air
  • constructionmaterials: Brick, Block, Concrete
  • heating: Central
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 0
  • parkingtotal: 0
  • waterfrontyn: False
  • franchiseaffiliation: None
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: True
  • internetconsumercommentyn: True
  • location: -75.15588, 39.96012
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"Liberty Real Estate Associates, LLC", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "CustomSourceId":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"richard4493@gmail.com", "ListBrokerageCity":"Philadelphia", "ListBrokerageCountry":"US", "ListBrokerageEmail":null, "ListBrokerageLogoUrl":null, "ListBrokerageName":"Liberty Real Estate Associates, LLC", "ListBrokeragePhone":"(215) 625-4725", "ListBrokeragePostalCode":"19107", "ListBrokerageStateOrProvince":"PA", "ListBrokerageUnitNumber":null, "ListBrokerageUnparsedAddress":"924 Arch St., 1st Floor", "ListBrokerageWebsiteUrl":null, "ListOfficeAddress1":"924 Arch Street ", "ListOfficeAddress2":null, "ListOfficeBrokerMlsId":"LBRTYRE", "ListOfficeCity":"Philadelphia", "ListOfficeCountry":"USA", "ListOfficeEmail":"richard4493@gmail.com", "ListOfficePostalCode":"19107", "ListOfficeStateOrProvince":"PA", "ListPriceCurrencyType":"USD", "ListingTitle":"Commercial Sale - PHILADELPHIA, PA", "ListingURL":null, "MLSModificationTimestamp":"2025-08-31 17:32:49", "Neighborhoods":[{"Description":null, "Name":"CHINATOWN"}], "PostalCode":null, "RoomCount":null, "StateOrProvince":null, "Taxes":[{"TaxAnnualAmount":1587, "TaxDescription":null, "TaxYear":null}], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 10/3/2025 12:55:56 AM GMT
Source Updated Date: 12/5/2025 6:42:08 PM GMT

Courtesy of: Richard Q Li, Liberty Real Estate, richard4493@gmail.com

Copyright © 2025 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.