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Sold for $263,000 on 09/27/24
  • $263,000

    2 N Ridgeway Ave, Glenolden, PA 19036

    3beds
    --baths
    1,467sqft
    Duplex
    Built in 1930
    -- sqft lot
    $297,500 Zestimate®
    $179/sqft
    $1,271 Estimated rent

    What's special

    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

    Zillow last checked: 7 hours ago

    Listing updated: September 27, 2024 at 05:02pm

    Listed by:

    Mike Ziv 610-842-3900,

    Realty Mark Associates

    Bought with:

    Kola Ojulari, RS285372

    Whitney Sims Realty LLC

    Source: Bright MLS,MLS#: PADE2069570MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    Basement
    • Area: 0
    Heating
    • Hot Water, Natural Gas
    Cooling
    • Window Unit(s), Electric
    Appliances
    • Included: Gas Water Heater
    Features
    • Basement: Full
    • Has fireplace: No
    Interior area
    • Total structure area: 1,467
    • Total interior livable area: 1,467 sqft

    Property

    Parking
    • Total spaces: 3
    • Parking features: Asphalt, Driveway
    • Uncovered spaces: 3
    Accessibility
    • Accessibility features: None
    Features
    • Pool features: None
    Lot
    • Size: 4,792 sqft
    • Dimensions: 21.00 x 196.00
    • Features: Backs - Open Common Area, Corner Lot, Corner Lot/Unit
    Details
    • Additional structures: Above Grade, Below Grade
    • Parcel number: 21000165800
    • Zoning: R-20 TWO FAMILY
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Other
    • Property subtype: Duplex
    Materials
    • Vinyl Siding, Aluminum Siding
    • Foundation: Concrete Perimeter
    • Roof: Pitched
    Condition
    • Very Good
    • New construction: No
    • Year built: 1930

    Utilities & green energy

    • Electric: 100 Amp Service
    • Sewer: Public Sewer
    • Water: Public

    Community & neighborhood

    Location
    • Region: Glenolden
    • Municipality: GLENOLDEN BORO

    HOA & financial

    Other financial information
    • Total actual rent: 22080

    Other

    Other facts
    • Listing agreement: Exclusive Right To Sell
    • Income includes: Apartment Rentals
    • Listing terms: Cash,Conventional
    • Ownership: Fee Simple
    Services availability
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