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Key Details
Sold Price $730,000
Property Type Commercial
Sub Type Five Or More Units
Listing Status Sold
Purchase Type For Sale
Square Footage 3,500 sqft
Price per Sqft $208
Subdivision Ridley Park
MLS Listing ID PADE2008244
Sold Date 03/31/22
Originating Board BRIGHT
Year Built 1955
Annual Tax Amount $12,088
Tax Year 2022
Lot Dimensions 115.00 x 165.00
Property Description
Welcome to 107 East Ridley Avenue, Ridley Park Pa! Don't Miss This Unique Opportunity to Own an Historic 6 Unit Apartment Building in a Desirable Residential Community! Net Operating Income: $55,823! Property Consists of a Meticulously Maintained 6 Unit Apartment Building Containing (2) 1 Bed/1 Bath Apartments; (1) 2 Bed/2 Bath Apartment; and (3) 2 Bed/1 Bath Apartments. All Units are Currently Occupied with Minimal Vacancies During Present Ownership. The Property Features Large Yard, Porch and Storage Spaces. Hardwood Floors and Historic Architectural Touches Throughout. A Detached Garage with Driveway Provides Additional Opportunity for Rental Income. Extras Include: Walking Distance to Schools, Shopping, Parks, Public Transportation and Train Station. Minutes to 95, 476, Philadelphia International Airport, Boeing with Short Commutes to Center City, Wilmington DE & King of Prussia. All Utilities have Been Separated and Tenants are Responsible for Their Own Heat/Electric and Hot Water. Laundry Located on Property. Rent Rolls are Available Upon Request.
Location
State PA
County Delaware
Area Ridley Park Boro (10437)
Zoning A-50
Interior
Hot Water Electric
Heating Radiator
Cooling None
Heat Source Oil
Exterior
Garage Spaces 2.0
Waterfront N
Water Access N
Accessibility None
Total Parking Spaces 2
Garage N
Building
Sewer Public Sewer
Water Public
New Construction N
Schools
Middle Schools Ridley
High Schools Ridley
School District Ridley
Others
Tax ID 37-00-01756-00
Ownership Fee Simple
SqFt Source Estimated
Special Listing Condition Standard
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Bought with Robert Stranix • Realty Mark Cityscape-King of Prussia