$290,000
$315,000
7.9%For more information regarding the value of a property, please contact us for a free consultation.
229 RIDLEY AVE Folsom, PA 19033
2,352 SqFt
Key Details
Sold Price $290,000
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
Square Footage 2,352 sqft
Price per Sqft $123
Subdivision None Available
MLS Listing ID 1000390394
Sold Date 06/29/18
Style Other
HOA Y/N N
Abv Grd Liv Area 2,352
Originating Board TREND
Year Built 1930
Annual Tax Amount $6,553
Tax Year 2018
Lot Size 5,750 Sqft
Acres 0.13
Lot Dimensions 55X100
Property Description
Investor Alert! Legal Use: 4 Unit Multi Family Building, centrally located in Folsom, Ridley Township. This property has an excellent rental history. It's convenient proximity to public transportation and shops/stores along the boulevard make it very appealing to occupants. The property consist of 3-one bedroom units and 1-large two bedroom unit. There are three units with private decks. (Rear decks built in 2017). All units are occupied with good tenants. The Victorian property was a conversion and each unit has (4) separate gas boilers, hot water copper baseboard radiator heating, (paid by tenants), and (4) circuit breaker panels with separately metered electric (paid by tenants). There is one (1) high demand natural gas hot water heater. Owner pays gas, water bill, common public lighting, and utility for laundry (separate meters). Caleco is a coin operated company that owns and maintains the washer/dryer in basement, paying owner quarterly a pro-ration of their collections. There is a common basement for light storage and a common rear yard for outdoor enjoyment. Parking is available on-street only. The rent operating income/expenses are available upon request. Buyer should be pre-approved for funding prior to showings. A 24 hour notice is required. LA Agent or Owner to be present at showings.
Location
State PA
County Delaware
Area Ridley Twp (10438)
Zoning RESID
Rooms
Other Rooms Primary Bedroom
Basement Full, Unfinished
Interior
Hot Water Natural Gas
Heating Gas, Baseboard
Cooling Wall Unit
Flooring Fully Carpeted, Vinyl, Laminated
Fireplace N
Heat Source Natural Gas
Laundry Common
Exterior
Water Access N
Accessibility None
Garage N
Building
Sewer Public Sewer
Water Public
Architectural Style Other
Additional Building Above Grade
New Construction N
Schools
Elementary Schools Amosland
Middle Schools Ridley
High Schools Ridley
School District Ridley
Others
Tax ID 38-03-01950-00
Ownership Fee Simple
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Bought with Elwood R Howell • Real Estate of America
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