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Off market
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  • $468,500

    229 Ridley Ave, Folsom, PA 19033

    5beds
    2,352sqft
    MultiFamily
    Built in 1930
    -- sqft lot
    $468,500 Zestimate®
    $199/sqft
    $1,782 Estimated rent

    Home value

    $468,500

    $431,000 - $506,000

    $1,782/mo

    Zestimate® history
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    Rent Zestimate®

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    $3,079/mo

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    $3,079/mo

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    What's special

    Investor Alert! Legal Use: 4 Unit Multi Family Building, centrally located in Folsom, Ridley Township. This property has an excellent rental history. It's convenient proximity to public transportation and shops/stores along the boulevard make it very appealing to occupants. The property consist of 3-one bedroom units and 1-large two bedroom unit. There are three units with private decks. (Rear decks built in 2017). All units are occupied with good tenants. The Victorian property was a conversion and each unit has (4) separate gas boilers, hot water copper baseboard radiator heating, (paid by tenants), and (4) circuit breaker panels with separately metered electric (paid by tenants). There is one (1) high demand natural gas hot water heater. Owner pays gas, water bill, common public lighting, and utility for laundry (separate meters). Caleco is a coin operated company that owns and maintains the washer/dryer in basement, paying owner quarterly a pro-ration of their collections. There is a common basement for light storage and a common rear yard for outdoor enjoyment. Parking is available on-street only. The rent operating income/expenses are available upon request. Buyer should be pre-approved for funding prior to showings. A 24 hour notice is required. LA Agent or Owner to be present at showings.

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 4
    • Full bathrooms: 4
    Heating
    • Baseboard, Gas
    Cooling
    • Wall
    Features
    • Flooring: Carpet, Laminate, Linoleum / Vinyl
    • Has fireplace: No
    Interior area
    • Total interior livable area: 2,352 sqft

    Property

    Parking
    • Parking features: On-street
    Features
    • Exterior features: Shingle, Stucco
    Lot
    • Size: 5,662 sqft
    Details
    • Parcel number: 38030195000

    Construction

    Type & style
    • Home type: MultiFamily
    Condition
    • Year built: 1930

    Community & neighborhood

    Location
    • Region: Folsom

    Other

    Other facts
    • Garbage included in rent
    • Lawn Care included in rent
    • No cats
    • No dogs
    • Sewage included in rent
    • Water included in rent

    Price history

    DateEventPrice
    10/29/2021Sold$350,000-7.7%$149/sqft
    Source: Bright MLS #PADE2000604 Report a problem
    10/11/2021Pending sale$379,000$161/sqft
    Source: Bright MLS #PADE2000604 Report a problem
    8/28/2021Contingent$379,000$161/sqft
    Source: Bright MLS #PADE2000604 Report a problem
    7/2/2021Listed for sale$379,000+30.7%$161/sqft
    Source: Bright MLS #PADE2000604 Report a problem
    9/28/2018Listing removed$795
    Source: SlateHouse Property Group Management Report a problem
    9/6/2018Listed for rent$795
    Source: Zillow Rental Network Report a problem
    7/6/2018Sold$290,000-7.9%$123/sqft
    Source: Public Record Report a problem
    4/12/2018Listed for sale$315,000+117.2%$134/sqft
    Source: L&F - Folsom #1000390394 Report a problem
    3/4/2005Sold$145,000$62/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$8,614 +2.1%$243,020
    2024$8,438 +4.5%$243,020
    2023$8,071 +3.3%$243,020
    2022$7,812 $243,020
    2021$7,812 +1095.7%$243,020 +103.1%
    2020$653 -1.5%$119,640
    2019$663 -89.9%$119,640
    2018$6,553 +898%$119,640
    2017$657 -2%$119,640
    2016$670 $119,640
    2015$670 $119,640
    2014$670 +2.8%$119,640
    2013$652 +2.8%$119,640
    2012$634 +2.3%$119,640
    2011$620 $119,640
    2010$620 +7.5%$119,640
    2009$577 +2%$119,640
    2008$565 +6.1%$119,640
    2007$532 $119,640
    2006$532 $119,640
    2005$532 $119,640
    2004$532 +8.5%$119,640
    2003$491 +7.9%$119,640
    2002$455 $119,640
    2000$455 $119,640

    Find assessor info on the county website

    Neighborhood: 19033

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: AMOSLAND
    • Middle: RIDLEY
    • High: RIDLEY
    • District: Ridley

    Source: The MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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