103 E Ridley Avenue Ridley Park, PA
$ 250,000
Property Attributes
  • MLS#PADE537678
  • TypePending
  • CountyDELAWARE
  • CityRidley Park
  • AreaRidley Park Boro
  • Zip19078
  • StyleVictorian
  • Taxes$ 12173
  • Price$ 250,000
  • Bedrooms3
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size0.53 Acres
Listing Provided Courtesy Of:
RE/MAX Hometown Realtors
Data Source:
Bright MLS
Property Description

WOW!!! $150,000 PRICE REDUCTION--what an investment opportunity with excellent location, visibility and accessibility! Situated on a large, level lot, directly across the street from the Ridley Park Train Station and walking distance to Ridley Park town center, this multi-unit rental offers a myriad of cash producing options! Currently a medical office on the first floor with two recently renovated residential apartments upstairs, this property could offer the right owner the option to operate their business downstairs while living in or renting out the upstairs to subsidize overhead. The large parking lot offers extensive parking for tenants or clients, and the train station steps away offers a straight shot commute to center city Philadelphia. The medical office on the main floor comes equipped with central ac and heat, and has a lobby when you walk in, along with a large waiting area off to the left. Proceed back past the reception desk to a spacious private office with access to two separate exam rooms. As you continue down the hallway you will find another waiting area, four more exam rooms, three half baths, and a full kitchen with exit to the parking lot. The 2nd floor apartment is a 2 bed/1 bath with a separate large family room and could rent for $1200-$1400. The third floor apartment 1 bed/1 bath and could rent for $800-$1000. With a bit of work, they could probably fetch even more. Lastly, there is a full unfinished basement for storage with access from the rear of the property via bilco doors. With train access to Philadelphia across the street, and walking distance to Ridley Park downtown, the living/rental possibilities are extensive! Schedule a showing today before it gets snatched up! Currently zoned R-1 for a single family house. Prior approved non-conforming use was deemed "abandoned" by borough. Could potentially be reinstated with an appeal to zoning board. Property is being sold "As-Is". Buyer responsible for all U&O related repairs.

Middle School High School
Ridley Middle School Ridley High School
Price History
1/23/2021 Listed $399,900
2/27/2021 38% - $250,000

General Features

Acceptable Financing Cash, Conventional
Accessibility None
Architectural Style Victorian
Construction Materials Concrete, Masonry, Stone
Cool Fuel Electric
Cooling Central A/C
Days on Market 22
Exclusions None
Flooring Ceramic Tile, Carpet, Laminated
Garage Y/N No
Heating Baseboard - Electric, Baseboard - Hot Water, Central
High School District RIDLEY
MLS Area Ridley Park Boro (10437)
New Construction No
One Bedroom Units Count 1
Other Structures Above Grade, Below Grade
Other Units Unit 1, Unit 2, Unit 3
Ownership Fee Simple
Possession Immediate, Negotiable
Property SubType Other
Property Type Multi-Family
Sewer Public Sewer
Structure Type Detached
Tax Annual Amount 12173.0
Tax Lot 331-000
Tax Year 2021
Total Units 3
Two Bedroom 1
Vacation Rental Y/N No
Water Access Y/N No
Zoning R-1
Zoning Description Prior approved non-conforming use was deemed abandoned by borough. Could potentially be reinstated with appeal to zoning board

Interior Features

Central Air Y/N Yes
Heating Fuel Natural Gas, Electric
Heating Y/N Yes
Hot Water Electric, Natural Gas

Exterior Features

Inclusions Examination tables, medical equipment, office furniture, appliances and decor
Lot Dimensions 170.00 x 135.00
Lot Size Acres 0.53
Lot Size Source Estimated
Lot Size Square Feet 22950.00
Navigable Water Y/N No
Parking Lot - # Of Spaces 10
Pool Y/N No Pool
Total Parking Spaces 10
Type of Parking Driveway, On Street, Parking Lot
Water Oriented Y/N No
Water Source Public
Water View Y/N No
Waterfront Y/N No


  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 19078

AVG $220K
AVG $5,957
AVG 69
AVG 51
Data Provided by Walkscore ® not using MLS data

Looking for a more comfortable experience?

Download our mobile app for a personalized browsing experience.