2 N Ridgeway Avenue
Glenolden, PA 19036
- – beds
- – baths
- 1,467 sqft
- 4,792 sqft lot
- $179 per sqft
- 1930 build
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Multi-family investment opportunity with a proven rental history. Corner lot with three off-street parking spaces. The first-floor unit comprises two bedrooms, one bathroom, a living room, a kitchen, and a full unfinished basement with washer and dryer hookups. Recent upgrades include a new side entrance deck, storm door, and Bilco doors for basement access. The second-floor apartment offers a spacious one-bedroom, one-bathroom layout with a living room, kitchen, and in-unit washer and dryer. This unit boasts newer windows, upgraded electrical, new drywall, doors, trim, and ceiling fans. Both units are bathed in natural sunlight. Common areas include a front enclosed porch and a sizable backyard. The long-term first-floor tenant (eight years) handles lawn maintenance, snow removal, and pest control services in exchange for a reduced rent. The second-floor tenant has resided in the unit for two years. Both tenants have a history of prompt and early rental payments and have expressed a desire to remain in the property. However, the current rental rates are below market value, presenting an opportunity for increased revenue. Separate gas radiant heaters, water heaters, and 100-amp services are provided. The landlord covers the cost of common cold water and sewer. Second-floor rent: $980. First-floor rent: $860. For any further inquiries, please contact the listing agent, Mike Ziv
Listing courtesy of BRIGHT / Realty Mark Associates
Last checked:
Checking…
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Last updated Oct 17, 2024
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MLS# PADE2069570 —
The Building
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Year Built:1930
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Year Built Source:Assessor
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New Construction:No
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Construction Materials:Vinyl Siding, Aluminum Siding
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Structure Type:Twin/Semi-Detached
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Architectural Style:Other
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Building Levels:2
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Building Units Total:2
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Roof:Pitched
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Accessibility Features:None
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Foundation Details:Concrete Perimeter
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Basement:Yes
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Basement Type:Full
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Building Winterized:No
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Total SqFt Source:Assessor
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Total Below Grade SqFt Source:Assessor
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Tax Total Finished SqFt:1467
Interior
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Room Count:2
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Fireplace:No
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Living Area SqFt Source:Assessor
Room Dimensions
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Total SqFt:1467
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Living Area SqFt:1,467 Sqft
Financial & Terms
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Sale Type:Standard
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Acceptable Financing:Cash, Conventional
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Buyer Financing:FHA
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Possession:Immediate
Location
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Directions:From 95 Head northeast on Chester Pike, Turn right onto E Ashland Ave, Turn left onto N Ridgeway Ave
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Cross Street:E Ashland Ave
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Latitude:39.89811000
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Longitude:-75.28398000
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Location Type:Corner Lot/Unit
The Property
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Property Type:Multi-Family
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Property Subtype:Duplex
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Property Condition:Very Good
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Lot Size Units:Square Feet
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Lot Size Acres:0.11
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Lot Size Source:Assessor
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Lot Size Dimensions:21.00 x 196.00
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Lot Dimensions Source:Assessor
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Lot Features:Backs - Open Common Area, Corner
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Lot SqFt:4,792 Sqft
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Exclusions:Tenants personal property
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Zoning:R-20 TWO FAMILY
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Other Structures:Above Grade, Below Grade
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Water View:No
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Waterfront:No
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Water Oriented:No
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Water Access:No
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Navigable Water:No
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Tidal Water:No
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Land Use Code:R-20
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Ground Rent Exists:No
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Riparian Rights:No
Listing Agent
- Contact info:
- Agent phone:
- (610) 842-3900
- Office phone:
- (215) 376-4444
Taxes
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Tax ID Number:21-00-01658-00
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Tax Year:2024
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Tax Lot:862-000
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Tax Annual Amount:$5,106
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Tax Assessed Value:$142,400
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Year Assessed:2024
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School Tax:3625.0
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County Tax:427.00
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City/Town Tax:1032.00
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Total Taxes Payment Frequency:Annually
The Listing
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Close Sale Type:Standard Sale
Heating & Cooling
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Cooling Type:Window Unit(s)
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Central Air:No
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Cooling Fuel:Electric
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Heating:Yes
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Heating Type:Hot Water
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Heating Fuel:Natural Gas
Utilities
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Sewer/Septic:Public Sewer
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Electric Service:100 Amp Service
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Hot Water:Natural Gas
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Water Source:Public
Schools
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Middle School:Glenolden
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High School:INTERBORO SENIOR
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School District Name:Interboro
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School District Source:Listing Agent
The Community
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Pool:No Pool
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Spa:No
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Association Recreation Fee:No
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Municipal Trash:Yes
Parking
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Total Garage and Parking Spaces:3
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Garage:No
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Type of Parking:Driveway
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Parking Features:Asphalt Driveway
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Driveway - # of Spaces:3
Extra Units
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Vacation Rental:No
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Units Furnished:None
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One Bedroom Units:1
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Two Bedroom Units:1
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
9/27/24
Sep 27, 2024
|
Sold | BRIGHT | $263,000 | 1.2% |
8/12/24
Aug 12, 2024
|
Sold Subject To Contingencies | BRIGHT | $259,900 | |
7/23/24
Jul 23, 2024
|
Price Changed | BRIGHT | $259,900 | -1.9% |