Change Real Estate Presents:

4855 Ridge Avenue
Philadelphia PA 19129

For Sale: $239,900.00 Active

List Date: 2026-02-07

Philadelphia
3 bedrooms
1 bathrooms
1,182 build ft2
978 land ft2

About This Property

Attention Investors! 4855 Ridge in a turnkey rent and hold investment. Good solid tenant wants to stay, they are paying below market $ 1,650 a month. Property has a 7% cap rate at that rent. Market rent is $ 2,100 which would take cap rate to 12%! Moderate yearly increases could get you to market rent in 3 years but would only take 1 year to get to 10% cap rate! Located in sought after East Falls, This 3 Br. 1Ba is in close proximity to Manayunk and the Schuykill River Trail. The property offers a wonderful flow on the 1st level with a large family room, nice dining room, and kitchen. The 2nd level features 3 bedrooms, an updated bath, and a covered deck backing to woods. Newer Heater, main sewer line and basement waterproofing system. Tenant is on month to month lease. Current Tenant interested in extending lease. Close commute to/from colleges/universities (Phila. Univ, Temple, PCOM, St. Joe's, Drexel, PENN, Wharton School of Business, Lasalle, Univ of the Sciences, Univ of the Arts, Moore College, Pierce College).

Listing Agent: Edward J. McDonald Jr.. Re/Max One Realty 215-442-9388 ed@hartsvillerealty.com

Property Features

Location Information
County:
Subdivision: EAST FALLS
click to open map in a new window
Interior Features
Appliances:
Interior:
Laundry:
Furnished: None
Flooring:
Water: Public
Cooling: Window Unit(s)
Heating: Forced Air
Fireplaces: None
Windows:
Utilities:
Sewer: Public Sewer
Rooms
Room Type: Bedroom 1
Level: Upper 1
Room Type: Bedroom 2
Level: Upper 1
Room Type: Bedroom 3
Level: Upper 1
Room Type: Kitchen
Level: Main
Room Type: Dining Room
Level: Main
Room Type: Living Room
Level: Main
Exterior Features
Year Built: 1930
Subdivision Name: East Falls
Exterior Features: Exterior Lighting, Flood Lights, Sidewalks
Schools
Elementary School: None
Junior High School: None
High School: None

IDXListing Courtesy of Edward J. McDonald Jr.. Re/Max One Realty 215-442-9388 ed@hartsvillerealty.com

Property Photos [Click to enlarge]

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