Ridley Park, PA 19078,320 E RIDLEY AVE
Ridley Park, PA 19078,320 E RIDLEY AVE
Ridley Park, PA 19078,320 E RIDLEY AVE
Ridley Park, PA 19078,320 E RIDLEY AVE
Ridley Park, PA 19078,320 E RIDLEY AVE
Ridley Park, PA 19078,320 E RIDLEY AVE
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$553,000

$575,000

3.8%
Est.Price: ?

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Est. payment /mo

SOLD DATE : 02/28/2024

Key Details

Sold Price $553,000

Property Type Commercial

Sub Type Five Or More Units

Listing Status Sold

Purchase Type For Sale

MLS Listing ID PADE2059110

Sold Date 02/28/24

Originating Board BRIGHT

Year Built 1900

Annual Tax Amount $10,889

Tax Year 2023

Lot Dimensions 125.00 x 125.00

Property Description

Don't miss this incredible investment opportunity - fully rented 5 unit Victorian apartment building in Ridley Park. This very well maintained property features one studio, three 1bd/1ba, and one 2bd/1ba apartments, as well as a detached two-car garage that currently rents for $200/month. Fantastic current NOI of $45,498 -- 7.9% Cap Rate! Property offers on site laundry and parking and is conveniently located near SEPTA Regional Rail, I-476, and I-95.

Location

State PA

County Delaware

Area Ridley Park Boro (10437)

Zoning R

Interior

Hot Water Natural Gas

Heating Hot Water

Cooling Wall Unit

Heat Source Natural Gas

Exterior

Garage Spaces 2.0

Water Access N

Accessibility None

Total Parking Spaces 2

Garage N

Building

Sewer Public Sewer

Water Public

New Construction N

Schools

School District Ridley

Others

Tax ID 37-00-01684-00

Ownership Fee Simple

SqFt Source Assessor

Special Listing Condition Standard

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Bright MLS (BMLS)
Listed by Lisie B Abrams • Compass RE
Bought with Charles Paul Patterson • Realty One Group Exclusive
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95 Dunn Drive Ste 200, Stafford, VA, 22556, USA

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