• Asking Price $265,000
  • Estimated Value: $228,270
  • 2 N RIDGEWAY AVE GLENOLDEN, PA 19036

  • 2 Baths 1,467 SqFt
  • Townhouse or Condo / Resale (MLS)

Property Details for 2 N RIDGEWAY AVE, GLENOLDEN, PA 19036

Features

  • Price/sqft: $180
  • Lot Size: 4748 sq. ft.
  • Total Units: 2
  • Total Rooms: 1
  • Room List: Basement
  • Stories: 200
  • Heating: Hot Water Heating
  • Construction Type: Stone
  • Exterior Walls: Siding (Alum/Vinyl)

Facts

  • Year Built: 01/01/1930
  • Property ID: 891555843
  • MLS Number: PADE2069570
  • Parcel Number: 21-00-01658-00
  • Property Type: Townhouse or Condo
  • County: DELAWARE
  • Legal Description: 2 STY HSE 21 X 196
  • Listing Status: Active

Sale Type

This is an MLS listing, meaning the property is represented by a real estate broker, who has contracted with the home owner to sell the home.

Description

This listing is NOT a foreclosure. 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.nThis 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.nSeparate gas radiant heaters, water heaters, and 100-amp services are provided. The landlord covers the cost of common cold water and sewer.nSecond-floor rent: $980. First-floor rent: $860.nFor any further inquiries, please contact the listing agent, Mike Ziv

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Property Brokerage: Realty Mark 2250 Terwood DRIVE Huntingdon Valley PA 19006
Copyright © 2024 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.



All information provided is deemed reliable, but is not guaranteed and should be independently verified.