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Investment Highlights

  • Renovated Kitchens, Renovated Bathrooms, New LVT Flooring
  • Exterior work and renovations done recently
  • Building Fully-Occupied
  • Walking distance to Ridley Park Train Station and public transportation

Executive Summary

*OFF MARKET MULTIFAMILY FOR SALE*
Recently renovated apartment building!

Property Facts

Price $1,094,398 CAD
Price Per Unit $156,343 CAD
Sale Type Investment
Cap Rate 6.65%
No. Units 7
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 0.27 AC
Building Size 4,625 SF
Average Occupancy 100%
No. Stories 3
Year Built/Renovated 1890/2018
Parking Ratio 1.08/1,000 SF
Zoning A-50 / HSE5 - agricultural land with a minimum lot size

Amenities

Unit Amenities

  • Granite Countertops
  • Porch
  • Smoke Free

Site Amenities

  • Laundry Facilities

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
2+1 7 - -
Moderately walkable
60/100
Very drivable
80/100
Good public transit
70/100
Fairly bikeable
40/100

Property Taxes

Property Taxes

Parcel Number
37-00-01348-00
Land Assessment
$141,217 CAD
Improvements Assessment
$578,524 CAD
Total Assessment
$719,741 CAD
  • Listing ID: 28146458

  • Date on Market: 2023-04-05

  • Last Updated:

  • Address: 108 Morton Ave, Ridley Park, PA 19078

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