1 year on rocket

5460 Ridge Ave, Philadelphia, PA, 19128

$486,000

Home List Price

$5,771*

Closing Credit

1 Full Bath
1,700 SqFt
$286/SqFt
House

Location

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5460 Ridge Ave, Philadelphia$486,000

Buyer Closing Credits

$5,771*

1.25% Loan Amount

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Property Highlights

Home TypeOther
ParkingNone
Year Built1920
HeatingBaseboard
CoolingNone
MLS #PAPH2289704
Lot Size0.03 Acres
StatusActive
(ACTIVE)

About 5460 Ridge Ave

FOR SALE: Vibrant Commercial Space in Prime Location - 5460 Ridge Avenue, Phila., PA 19128 Seize the opportunity to make your entrepreneurial dreams come true with this newly renovated, versatile commercial space located in the heart of Philadelphia’s bustling Ridge Avenue. Perfectly situated in a high-traffic area, this property captures both the vitality of city life and the convenience of accessibility, making it an irresistible proposition for prospective tenants. Previously configured as a retail store, this impressive 4,000 square feet property recently underwent a major facelift. The renovation marries modern aesthetics with functional design, showcasing sleek fixtures, state-of-the-art appliances, and high-end finishes. Fresh, bright, and clean, this space is ready to welcome its next tenant and thrive under its new brand. Due to is commercial zoning this would allow for 2-4 apartment units to be built on top of the current building for extra cash flow. Thanks to its flexible, open-concept layout, the opportunities for customization are limitless. While it can effortlessly cater to a high-volume retail store, its adaptability extends to possibilities like a chic coworking space, a cutting-edge tech start-up, a high-end yoga studio, or a dynamic event space. This versatility allows potential tenants to reimagine the space to suit their unique business requirements. Positioned just steps away from key public transportation links, the property ensures easy access for both employees and customers alike. It also boasts proximity to a diverse range of neighborhood amenities, further enhancing its appeal. An additional unique feature of this property is its expansive street-facing windows. These provide the interior with an abundance of natural light, creating a warm, inviting atmosphere while offering great visibility for your business from the bustling street outside. The property also comes with ample parking, a much sought-after feature in the city, ensuring convenience for both staff and customers. With its recent renovation, prime location, and multipurpose potential, this commercial space is more than just a property; it is an opportunity to foster growth and success. Immerse your business in the vibrant energy of Ridge Avenue and become a part of this thriving community. There is currently a thriving t-shirt business that is for sale that has trademarks and relationships with the major Philly sports teams. Space is being leased at $3400/month. If purchasing the building by itself with out the business the price of the building is $450,000. Don’t miss out on this rare find. Schedule a viewing today and begin envisioning your business's future at 5460 Ridge Avenue.

Property Details

Property Features

Property Information:

  • Architectural Style: Traditional
  • Year Built: 1920
  • Stories: 1
  • Living Area: 1,700 SqFt

Listing Office:

  • Office Name: Philadelphia Homes
  • Office Phone: (215) 948-2810
  • Listing Agent: Raymond V. Tran

Interior Features

Interior Information:

  • Basement: No

Bedroom and Bathroom Information:

  • Full Bathrooms: 1

Exterior Features

Parking Information:

  • Parking: None

Lot Features

Lot Information:

  • Lot Size: 0.03 Acres

Utilities

Utilities Information:

  • Heating: Baseboard
  • Cooling: None

Other

Directions Information:

  • Directions: use. GPS

Municipality:

  • Philadelphia

Price Information

Listing Price Info

Price Summary:

  • List Price: $486,000
  • Price Per SqFt: $286/SqFt

Tax Information:

  • Annual Amount: $5,060
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Philadelphia, PA.

Med. Sold Price

$261.8K

Med. Price/SqFt

$199

Avg. Days On Market

44

# of Sold Homes

1056

5460 Ridge Ave vs Philadelphia

391 DAYS ON ROCKET

+347 Days

$486,000

+$224.1K More

$286/SqFt

+$87 More

KEY TAKEAWAY

This property is $224.1K more than the Median Sold Price and $87/SqFt more than other homes in Philadelphia, PA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: BRIGHT
  • MLS Number: #PAPH2289704

Listing Office:

  • Office Name: Philadelphia Homes
  • Office Phone: (215) 948-2810
  • Listing Agent: Raymond V. Tran

IDX Information Deemed Reliable But Not Guaranteed. 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 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. Some properties which appear for sale on this website may no longer be available because they are under contract, have sold or are no longer being offered for sale. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. This home sale information is not to be construed as an appraisal and may not be used as such for any purpose.

BRIGHT MLS is the (or a) provider of this home sale information and has compiled content from various sources. Some properties represented may not have actually sold due to reporting errors. ©2024 BrightMLS. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/15/2024, 4:20:50 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Jul 29, 2011Home Sold
$170,000

Tax History

YEARPROP. TAXASSESSMENT
2020$5,060 -
2019$5,011$358,000
2018$4,866$347,600
2017$2,131$152,200

History based on county public records data.

Payment Calculator

$2,493

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,524

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-352148
7
/10
  • Belmont Hills Elementary School

  • 200 School St

  • 1.55 miles

  • Public District Grades KG-4

school-card-donut-352149
3
/10
  • John B. Kelly Elementary School

  • 5116 Pulaski Ave

  • 1.89 miles

  • Public District Grades KG-5

school-card-donut-352150
7
/10
  • Cynwyd Elementary School

  • 101 W Levering Mill Rd

  • 1.96 miles

  • Public District Grades KG-4

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $76,434. Most Philadelphia, PA residents have annual incomes between $100k-200k. Typical family type is single, no kids. Typical level of education for residents in this area is high school diploma.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 5460 Ridge Ave

What is the listing price of this property?

The listing price of 5460 Ridge Ave property is $486,000.

What type of property is this?

The property 5460 Ridge Ave is a house located in Philadelphia, Pennsylvania, 19128.

Is this property for sale now?

Active Listing: 5460 Ridge Ave is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $5,060 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on July 29, 2011 for $170,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 5460 Ridge Ave has 1 bathroom..

What is the square footage of this property?

The property 5460 Ridge Ave is 1,700 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 5460 Ridge Ave is 1920.

Rocket HomesPennsylvaniaPhiladelphia CountyPhiladelphia191285460 Ridge Ave

This home is located at 5460 Ridge Ave in Philadelphia, PA and zip code 19128 in the Roxborough / Manayunk neighborhood. This 1,700 square foot home, which was built in 1920, sits on a 0.03 acre lot. Features: 1 bathroom. It has been listed on Rocket Homes since October 20, 2023 and is currently priced at $486,000.

While more than 252 listings in Philadelphia, PA in October 2024 were sold above asking price, there were more than 237 listings sold at asking price, and more than 567 were sold below. The number of homes for sale in Philadelphia, PA increased by 9.8% between September 2024 and October 2024. In October 2024 median list price was $261,807 and the average listing age was 44 days.

From Rocket Homes Real Estate and based on county public records data.

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