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    103 E Ridley Avenue

    RIDLEY PARK, PA 19078
    • $250,000
    • STATUS: Active
    • ON SITE: 41 days
    • ID#: PADE537290
    Price Reduced
    UPDATED: 63 min ago
    $250,000
    • 3
      BEDS
    • 0.53
      ACRES
    • 2
      BATHS
    • 3
      1/2 BATHS
    • 3,000
      SQFT
    • $83
      $/SQFT
    Neighborhood:
    Type:
    Single-Family Home
    County:

    School Ratings & Info

    School District:

    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 the zoning board. Property is being sold "As-Is". Buyer responsible for all U&O related repairs.

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    ©2021 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or The Mike Coleman Team | Keller Williams Realty Devon-Wayne. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2021-03-06T16:51:54.137.
    www.mikecolemanteam.com/homes/113576480
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    103 E Ridley Avenue RIDLEY PARK, PA 19078

    • Price: $250,000
    • Status: Active
    • Updated: 63 min ago
    • ID#: PADE537290
    3
    Beds
    2
    Baths
    3
    ½ Baths
    0.53
    Acres
    3,000
    SQFT
    $83
    $/SQFT
    Neighborhood:
    Ridley Park
    County:
    Delaware
    Area:
    Ridley Park Boro (10437)
    School District:
    Ridley
    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 the zoning board. Property is being sold "As-Is". Buyer responsible for all U&O related repairs.
    Exterior Features

    Architectural Style Victorian Construction Materials ConcreteMasonryStone Garage YN No Lot Features CornerFront YardLandscapingSideyard(S)Trees/Wooded Other Structures Above GradeBelow Grade Parking Features Asphalt DrivewayFreePaved ParkingPrivate Parking Types Parking LotOn Street Pool No Pool Riparian Rights YN No Water Access YN No Water Oriented YN No Water View YN No Waterfront YN No

    Interior Features

    Above Grade Fin SQFT 3000 Basement FullUnfinished Basement YN Yes Below Grade Finished Area 0 Below Grade Unfinished Area 0 Cooling Central A/CWall Unit Exclusions None Fireplaces Total 0 Flooring CarpetCeramic TileLaminated Heating Baseboard - ElectricBaseboard - Hot WaterCentral Heating YN Yes Inclusions Examination TablesMedical EquipmentOffice FurnitureAppliances And Decor Levels 3 Main Level Bedrooms 0 Room List KitchenDenFoyerGreat RoomOfficeCommercial/Retail SpaceHalf Bath Upper Level1 Bedrooms 2

    Property Features

    Acceptable Financing CashConventional Accessibility Features None Assessment Year 2020 Association YN No Central Air YN Yes Condo YN No Cooling Fuel Electric Heating Fuel ElectricNatural Gas Hot Water ElectricNatural Gas Incorporated City Name Ridley Park Boro Lease Considered YN No Navigable Water YN N New Construction YN No Original MLSNumber 304435117650 Ownership Interest Fee Simple Possession ImmediateNegotiable Sale Type Standard Senior Community YN No Sewer Public Sewer Structure Design Type Detached Tax Annual Amount 12656.00 Tax Assessment Amount 224800.00 Tax Lot 331-000 Transportation Commuter Rail Station Less Than 1 MileBus Stop Less Than 1 Mile Vacation Rental YN No Water Source Public Year Built Effective 2020 Zoning R-1 Zoning Description Prior Approved Non-Conforming Use Was Deemed "Abandoned" By Borough. Could Potentially Be Reinstated With Appeal To Zoning Board

    Listing courtesy of Re/Max Hometown Realtors.


    ©2021 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or The Mike Coleman Team | Keller Williams Realty Devon-Wayne. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2021-03-06T16:51:54.137.
     
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    The Mike Coleman Team | Keller Williams Realty Devon-Wayne
    216 E. Lancaster Ave.
    Wayne PA, 19087