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Bought with William Holder • RE/MAX Classic
$ 535,000
$ 600,000 10.8%
15 W RIDLEY AVE Ridley Park, PA 19078
3,504 SqFt
UPDATED:
Key Details
Sold Price $535,000
Property Type Multi-Family
Sub Type Detached
Listing Status Sold
Purchase Type For Sale
Square Footage 3,504 sqft
Price per Sqft $152
MLS Listing ID PADE2089012
Sold Date 07/25/25
Style Other
Abv Grd Liv Area 3,504
Year Built 1900
Available Date 2025-05-03
Annual Tax Amount $12,080
Tax Year 2024
Lot Size 8,276 Sqft
Acres 0.19
Lot Dimensions 88.00 x 120.00
Property Sub-Type Detached
Source BRIGHT
Property Description
Set on a generous and well-kept piece of land, the property features classic curb appeal along with the potential for two dedicated parking spots—an added convenience for tenants and a valuable perk for long-term ownership. Inside, the building is well taken care of, with clean, well-lit common hallways and original wood handrails that bring warmth and historic charm to the space.
The unit mix includes two spacious two-bedroom apartments, one one-bedroom unit, and two studios—each self-contained and thoughtfully updated to attract quality tenants. A shared community basement offers convenient on-site laundry and additional storage, further enhancing the tenant experience.
With all units currently leased and generating approximately $66,600 in annual rental income, this is a true turnkey investment offering immediate cash flow. Its unbeatable location near parks, schools, shopping, and major commuter routes makes it an incredibly rare opportunity in a high-demand area—perfect for investors seeking a low-maintenance property with long-term value.
Location
State PA
County Delaware
Area Ridley Park Boro (10437)
Zoning RES
Rooms
Basement Full
Interior
Interior Features Ceiling Fan(s)
Hot Water Natural Gas
Heating Hot Water
Cooling None
Fireplace N
Heat Source Natural Gas
Exterior
Garage Spaces 2.0
Utilities Available Natural Gas Available
Water Access N
Accessibility None
Total Parking Spaces 2
Garage N
Building
Foundation Stone
Above Ground Finished SqFt 3504
Sewer Public Sewer
Water Public
Architectural Style Other
Additional Building Above Grade, Below Grade
New Construction N
Schools
School District Ridley
Others
Tax ID 37-00-01744-00
Ownership Fee Simple
SqFt Source 3504
Special Listing Condition Standard
