Price Reduction
Address
2 N Ridgeway Avenue, Glenolden, PA
Price
$ 265,000
Property Attributes
- MLS#PADE2069570
- TypeMulti-Family
- CountyDELAWARE
- CityGlenolden
- AreaGlenolden Boro
- Zip19036
- Style
- Year Built1930
- Taxes$ 5106
- Price$ 265,000
- Bedrooms3
- Full Bathrooms0
- Half Bathrooms0
- Lot Size0.11 Acres
Data Source:
Bright MLS
Property Description
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
| Middle School | High School |
|---|---|
| Glenolden Middle School | Interboro Senior High School |
| Price History | |
|---|---|
| 6/14/2024 | Listed $269,000 |
| 6/25/2024 | 2% - $265,000 |
General Features
| Sewer | Public Sewer |
|---|---|
| Heating | Hot Water |
| Cooling | Window Unit(s) |
| Possession | Immediate |
| Roof | Pitched |
| Zoning | R-20 TWO FAMILY |
| Architectural Style | Other |
| Construction Materials | Vinyl Siding,Aluminum Siding |
| School District | INTERBORO |
| Exclusions | Tenants personal property |
| Year Built | 1930 |
| Electric | 100 Amp Service |
| Property SubType | Duplex |
| Tax Year | 2024 |
| Percent Ownership | Fee Simple |
| Cool Fuel | Electric |
| OwnerPays | Water,Sewer |
| Accessibility | None |
| County | DELAWARE |
| New Construction | No |
| Property Type | Multi-Family |
| Garage Y/N | No |
| Water Access Y/N | No |
| Other Structures | Above Grade,Below Grade |
| Total Rooms | 2 |
| Status | ACTIVE |
| Directions | From 95 Head northeast on Chester Pike,Turn right onto E Ashland Ave,Turn left onto N Ridgeway Ave |
| ModificationTimestamp | 2024-06-25T10:20:39 |
| City | GLENOLDEN |
| Buyer Agent Compensation | 2.5 |
| Disclosures | None |
| NumberOfUnitsTotal | 2 |
| MLS Area | Glenolden Boro (10421) |
| Lot Size Units | Square Feet |
| Lot Size Square Feet | 4792.00 |
| Tax Assessed Value | 142400.0 |
| Waterfront Y/N | No |
| Number of Units Leased | 2 |
| Tax Annual Amount | 5106.0 |
| Home Warranty Y/N | No |
| Property Condition | Very Good |
| Two Bedroom | 1 |
| Structure Type | Twin/Semi-Detached |
| One Bedroom Units Count | 1 |
| Price Per Sq Ft Total AG | 180.64 |
| Acceptable Financing | Cash,Conventional |
| Vacation Rental Y/N | No |
| Total SQFT | 1467 |
| Days on Market | 12 |
| Location Type | Corner Lot/Unit |
| Lease Type | Long Term,Month to Month |
| Standard Status | Active |
| Year Built Source | Assessor |
| Tax Lot | 862-000 |
| Total Actual Rent | 22080.00 |
| Buyer Agent Compensation Type | % Of Gross |
| Association Recreation Fee | No |
Interior Features
| Heating Fuel | Natural Gas |
|---|---|
| Basement | Full |
| Hot Water | Natural Gas |
| Total Stories | 2 |
| Furnished Units | None |
| Basement (Y/N) | Yes |
| Heating Y/N | Yes |
| Fireplace Y/N | No |
| Central Air Y/N | No |
| LivingAreaSource | Assessor |
Exterior Features
| Pool | No Pool |
|---|---|
| Parking Features | Asphalt Driveway |
| Lot Features | Backs - Open Common Area,Corner |
| Water Source | Public |
| Total Parking Spaces | 3 |
| Type of Parking | Driveway |
| Land Use Code | R-20 |
| Foundation Details | Concrete Perimeter |
| Spa | No |
| Water View Y/N | No |
| Lot Dimensions | 21.00 x 196.00 |
| Lot Size Acres | 0.11 |
| Lot Size Source | Assessor |
| Land Assessed Value | 42290.00 |
| Navigable Water Y/N | No |
| Water Oriented Y/N | No |
| LotDimensionsSource | Assessor |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Multi-Family Average in 19036
Price
Taxes
Visits
Year Built
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