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2147 RIDGE AVE Philadelphia, PA 19121
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Key Details
Sold Price $61,000
Property Type Commercial
Listing Status Sold
Purchase Type For Sale
Subdivision Sharswood
MLS Listing ID 1003650267
Sold Date 06/02/17
HOA Y/N N
Originating Board TREND
Year Built 1915
Annual Tax Amount $1,372
Tax Year 2017
Lot Size 1,439 Sqft
Acres 0.03
Lot Dimensions 18X79
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
Interior
Fireplace N
Exterior
Waterfront N
Water Access N
Garage N
Building
Sewer Public Sewer
Water Public
New Construction N
Schools
School District The School District Of Philadelphia
Others
Tax ID 871221250
Ownership Fee Simple
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Bought with Non Subscribing Member • Non Member Office