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103 E Ridley Avenue, Ridley Park, PA 19078
$255,000
103 E Ridley Avenue, Ridley Park, PA 19078View this property at 103 E Ridley Avenue, Ridley Park, PA 19078
103 E Ridley AvenueRidley ParkPA19078
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Property Description
WOW!!! $150,000 PRICE REDUCTION--what an investment opportunity with excellent location, visibility and accessibility! Situated on a large, level lot, directly across the street from the Ridley Park Train Station and walking distance to Ridley Park town center, this multi-unit rental offers a myriad of cash producing options! Currently a medical office on the first floor with two recently renovated residential apartments upstairs, this property could offer the right owner the option to operate their business downstairs while living in or renting out the upstairs to subsidize overhead. The large parking lot offers extensive parking for tenants or clients, and the train station steps away offers a straight shot commute to center city Philadelphia. The medical office on the main floor comes equipped with central ac and heat, and has a lobby when you walk in, along with a large waiting area off to the left. Proceed back past the reception desk to a spacious private office with access to two separate exam rooms. As you continue down the hallway you will find another waiting area, four more exam rooms, three half baths, and a full kitchen with exit to the parking lot. The 2nd floor apartment is a 2 bed/1 bath with a separate large family room and could rent for $1200-$1400. The third floor apartment 1 bed/1 bath and could rent for $800-$1000. With a bit of work, they could probably fetch even more. Lastly, there is a full unfinished basement for storage with access from the rear of the property via bilco doors. With train access to Philadelphia across the street, and walking distance to Ridley Park downtown, the living/rental possibilities are extensive! Schedule a showing today before it gets snatched up! Currently zoned R-1 for a single family house. Prior approved non-conforming use was deemed "abandoned" by borough. Could potentially be reinstated with an appeal to zoning board. Property is being sold "As-Is, Where Is". Buyer responsible for all U&O related repairs.
Full Property Details
Full Property Details for 103 E Ridley Ave
General
- Sold For: $255,000
- Taxes: $12,173 (2021)
- Status: Closed
- Type: Business
- MLS ID: PADE537676
- Added to Site: 1, 202 day(s) ago
Business
- Business Type: Apartment Building, Medical
Rooms
Bathrooms
- Restrooms: 5
Parking
- Total Spaces: 10
- Parking Features: Paved Parking
- Parking Type: Driveway, On Street, Parking Lot
Location
- Area: Ridley Park Boro (10437)
- County: Delaware
- Driving Directions: Use GPS
Heating & Cooling
- Central air: Yes
- Cooling Type: Central A/C
- Cooling Fuel: Electric
- Heating Type: Baseboard - Electric, Baseboard - Hot Water, Central
- Heating Fuel: Natural Gas, Electric
- Water Heater: Electric, Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Construction: Masonry, Stone
- Stories/Levels: 0
- Year Built Source: Assessor
Unit Information
- # Tenants: Multiple
- Other Units: Unit 1, Unit 2, Unit 3
Unit 1
- Unit Description: Unit 1
Unit 2
- Unit Description: Unit 2
Unit 3
- Unit Description: Unit 3
Lot Features
- Lot Size (Acres): 0.53
- Lot Size (Sq. Ft.): 22,950
- Lot Size Source: Estimated
- Lot Dimensions: 170.00 x 135.00
- Zoning: R-1
Financial Considerations
- Price Per Sq. Ft.: $83.33
- Assessment Year: 2021
- School Tax: $9,284
- City/TownTax: $1,796
- City/TownTax Freq: Annually
- County Tax: $1,093
- County Tax Freq: Annually
- Tax w/Assessment: $364,320
- Tax Amount: $12,173
- Tax Year: 2021
Disclosures and Reports
- Ownership: Fee Simple
- Exclusions: None
- Inclusions: Examination tables, medical equipment, office furniture, appliances and decor
- Lot Number: 331-000
Listed by RE/MAX Hometown Realtors, Sebastian Benedict Brevart
Sold by Long & Foster Real Estate, Inc., Patti A Morrisette
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Schools
Schools serving 103 E Ridley Ave
School District:Ridley School District
Rating | Name | Grades | Distance |
---|---|---|---|
333 Constitution Ave, Ridley Park, PA 19078 | K-5 | 0.4 mi | |
400 Free St, Ridley Park, PA 19078 | 6-8 | 0.4 mi | |
901 Morton Ave, Folsom, PA 19033 | 9-12 | 1 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 103 E Ridley Ave
Date
Details
Price
Change
Source
5/12/2021
Sold
$255,000
2%
MLS
2/26/2021
Price Reduced
$250,000
-37.48%
MLS
1/23/2021
Listed
$399,900
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
103 E Ridley Avenue, Ridley Park, PA 19078 (MLS# PADE537676) is a Business property that was sold at $255,000 on May 12, 2021. Want to learn more about 103 E Ridley Avenue? Do you have questions about finding other Business real estate for sale in Ridley Park? You can browse all Ridley Park real estate or contact a Coldwell Banker agent to request more information.