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4855 Ridge Ave
For Sale $239,900 ($202.96 per Sq Ft)
$239,900 ($202.96 per Sq Ft)
- 3 Bedrooms
- 1 Bathrooms
- 1,182 Sq Ft
- 978 Sq Ft
Description
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).
Amenities
Garage
Pool
Garden
Security System
Internet
Telephone
Heating
Fireplace
Balcony & Patio
TV / Cable
Laundry
Hardwood Floors
Spa
Air Conditioning
Solar Power
Floor Plan
Great Views
Natural Light
Quiet
Water View
Elevator
Guest Unit(s)
Furnished
220 Volt
Property Details
| List Price | $239,900 |
| Property Type | Single Family Homes |
| Usable Sqft | 1,182 |
| Number of Stories | 0 stories |
| Parking Spots | 0 spots |
| Year Built | 1930 |
| Last Sold | Unknown |
| Sold Price | Unknown |
| APN # | 213191400 |
| MLS # | PAPH2580954 |
| Property ID | 293795335 |
| Lot Sqft | 978 |
| Zoning | RSA5 |
| Days on Market | 15 |
| Original List Price | Unknown |
| Date Updated | February 07, 2026 |
| Date Created | February 06, 2026 |
| Unit # | Beds | Baths | Current Rent | Proforma Rent |
| Unit #1 | $14,400 | $0 |
Listing Provided By
Edward J. McDonald Jr. an agent of . Lic #RS195849L
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Data last updated: February 21, 2026.
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Robert Crawford
REAL ESTATE AGENT