1604 RIDGE AVE, Philadelphia, PA, 19130

Welcome to 1604 Ridge Avenue, where the potential for investment opportunity is vast!!! This Franciville/Fairmount area property, boasting just under 3,000 square feet of space, is just 2 blocks west of North Broad Street and the Avenue of the Arts North, walkable to places like The Met Philadelphia, as well as SOUTH, Osteria and many other restaurants, and is located in the center of a bustling cultural hub with new condos, original homes and commercial corridors alike. This mixed-use property, zoned CMX2, has a commercial space on the 1st floor, currently a hair salon just under 1,000 sq feet (989). From the 1st floor space you can access the basement, a rear yard area, and there is a staircase toward the back of the 1st floor space that will take you up to a room, currently used for storage by the owner. This additional space has a full bathroom. Options for this 2nd floor space are plenty. It could be additional leasable space for a 1st floor tenant, or you could even expand the current 2nd floor apartment to make it even larger as a 2 or even 3 bedroom! Outside of the salon on the 1st floor, to the left is the door leading up to the 2 apartments upstairs. The 2nd floor consists of a beautifully renovated and spacious 1 bedroom apartment with open layout, stainless steel kitchen appliances and bathroom spacious enough to luxuriate in! Right outside of the 2nd floor apartment is the laundry closet exclusively for the 2nd floor tenant. The 2nd fl water heater is also in this closet. Walk through door at the rear of 2nd floor hallway to enter stairway to enter the space rented by the 3rd floor tenant. This stairway and hallway are exclusively for the 3rd floor apartment which is nearly identical to 2nd floor apartment, except the kitchen cabinets are a beautiful blue color. There is a laundry closet with water heater on the 3rd floor as well.