$342,000
SOLD AUG 13, 2024
-- Bed
-- Bath
2,064 Sq Ft
2,795 Sq Ft Lot

Recently Sold

$166 Per Sq Ft

2% Below List Price

8 Days on Market

Highlights

  • Traditional Architecture
  • Electric Baseboard Heater
  • 4-minute walk to Kendrick Recreation Center and Playground

About This Home

As of August 2024

Here is your chance to invest in the popular Roxborough section of Philadelphia! Presenting 5934 Ridge Avenue! This RM-1 zoned triplex is ready to start generating cash flow! Whether you are new to the world of real estate investing or you are looking to add to your portfolio, this property is perfect for you. The property offers two 2 bedroom units (One 2bed/2bath layout, the other is a 2bed/1bath layout) and an additional 1 bedroom unit (1bed/1bath). Location is always a big factor when purchasing and this property does not disappoint as it right across the street from an ACME food market as well as Rite Aid convenience/pharmacy. Also in very close proximity to major highways and entertainment attractions. Seller is extremely motivated. Schedule your tour today!

Last Agent to Sell the Property

Mark Khavinson

Skyline Realty & Property Managment LLC Listed on: 07/08/2024

Last Buyer's Agent

Mr. Orges Gode

REALTY ONE GROUP FOCUS

REALTY ONE GROUP FOCUS

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,572

Year Built

  • Built in 1930

Lot Details

  • 2,795 Sq Ft Lot
  • Lot Dimensions are 22.00 x 130.00

Parking

  • On-Street Parking

Home Design

  • 2,064 Sq Ft Home
  • Triplex
  • Traditional Architecture

Utilities

  • Electric Baseboard Heater
  • Natural Gas Water Heater

Additional Features

  • Unfinished Basement

Listing and Financial Details

  • Tax Lot 157
  • Assessor Parcel Number 212221000

Community Details

Overview

  • 3 Units
  • Roxborough Subdivision

Building Details

  • 3 Vacant Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,572

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Triplex
  • Structure Type: Twin/Semi-Detached
  • Architectural Style: Traditional
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1930
  • Automatically Close On Close Date: No
  • Remarks Public: Here is your chance to invest in the popular Roxborough section of Philadelphia! Presenting 5934 Ridge Avenue! This RM-1 zoned triplex is ready to start generating cash flow! Whether you are new to the world of real estate investing or you are looking to add to your portfolio, this property is perfect for you. The property offers two 2 bedroom units (One 2bed/2bath layout, the other is a 2bed/1bath layout) and an additional 1 bedroom unit (1bed/1bath). Location is always a big factor when purchasing and this property does not disappoint as it right across the street from an ACME food market as well as Rite Aid convenience/pharmacy. Also in very close proximity to major highways and entertainment attractions. Seller is extremely motivated. Schedule your tour today!
  • Special Features: None

Interior Features

  • Fireplace: No
  • Foundation Details: Other
  • Basement: Yes
  • Basement Type: Unfinished
  • Total Sq Ft: 2064
  • Living Area Sq Ft: 2064
  • Price Per Sq Ft: 169.57
  • Above Grade Finished Sq Ft: 2064
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 5934

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: On Street

Utilities

  • Central Air Conditioning: No
  • Heating Fuel: Electric
  • Heating Type: Baseboard - Electric
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Schools

  • School District: THE SCHOOL DISTRICT OF PHILADELPHIA
  • School District Key: 300200397108
  • School District Source: Listing Agent

Lot Info

  • Lot Size Acres: 0.06
  • Lot Dimensions: 22.00 x 130.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 2795.00
  • Year Assessed: 2023
  • Zoning: RM1

Rental Info

  • Vacation Rental: No

Tax Info

  • School Tax: 2508.00
  • Tax Annual Amount: 4572.00
  • Assessor Parcel Number: 212221000
  • Tax Lot: 157
  • Tax Total Finished Sq Ft: 2064
  • County Tax Payment Frequency: Annually
  • Tax Year: 2024
  • Close Date: 08/13/2024

Multi Family

  • Number Of Units Vacant: 3
  • Other Units: Unit 1,Unit 2,Unit 3

MLS Schools

  • School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 8, 2024
Closed on
Aug 9, 2024
Sold by
Iheagwara Kelechi
Bought by
Veip Llc
Seller's Agent
Mark Khavinson
Skyline Realty & Property Managment LLC
Buyer's Agent
Mr. Orges Gode
REALTY ONE GROUP FOCUS
List Price
$350,000
Sold Price
$342,000
Premium/Discount to List
-$8,000
-2.29%
Views
9

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
33.29%

Purchase Details

Closed on
Aug 15, 2003
Sold by
Bonnevie Daniel R and Bonnevie Marion Breck
Bought by
Mcinerney Nicole

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$186,200
Interest Rate
6.31%
Mortgage Type
Commercial
Source: Public Records

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed $342,000 None Listed On Document
Deed $196,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $165,848 New Conventional
Previous Owner $240,960 Commercial
Previous Owner $45,180 Commercial
Previous Owner $186,200 Commercial
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/16/2025 06/16/25 Price Changed $460,000 -1.1% $223 / Sq Ft
06/12/2025 06/12/25 Price Changed $465,000 -1.1% $225 / Sq Ft
06/05/2025 06/05/25 Price Changed $470,000 -2.1% $228 / Sq Ft
05/28/2025 05/28/25 Price Changed $480,000 -3.0% $233 / Sq Ft
05/17/2025 05/17/25 For Sale $495,000 +44.7% $240 / Sq Ft
08/13/2024 08/13/24 Sold $342,000 -2.3% $166 / Sq Ft
07/16/2024 07/16/24 Pending -- -- --
07/08/2024 07/08/24 For Sale $350,000 0.0% $170 / Sq Ft
03/01/2020 03/01/20 Rented $1,100 0.0% --
02/06/2020 02/06/20 For Rent $1,100 +33.3% --
03/15/2016 03/15/16 Rented $825 0.0% --
03/10/2016 03/10/16 Under Contract -- -- --
11/17/2015 11/17/15 For Rent $825 -- --
Source: Bright MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $4,572 $490,500 $98,100 $392,400
2024 $4,572 $490,500 $98,100 $392,400
2023 $4,572 $326,600 $65,300 $261,300
2022 $3,884 $326,600 $65,300 $261,300
2021 $3,884 $0 $0 $0
2020 $3,884 $0 $0 $0
2019 $3,437 $0 $0 $0
2018 $2,804 $0 $0 $0
2017 $2,804 $0 $0 $0
2016 $2,804 $0 $0 $0
2015 $2,684 $0 $0 $0
2014 -- $200,300 $51,372 $148,928
2012 -- $35,200 $4,472 $30,728
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PAPH2373848

Bright MLS

APN: 212221000