15 W Ridley Avenue, Ridley Park, PA 19078-2900 $600,000

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# of Units: 4
Interior Sq. Ft: 3,504
Acreage: 0.19
Age:125 years
Taxes: $12,080
MLS#: PADE2089012
Design/Type:
Detached

Description

Tucked into one of the most desirable suburban neighborhoods, this beautifully maintained five-unit property offers both timeless character and reliable income—an ideal combination for any investor. Located on a quiet, tree-lined street surrounded by well-kept homes and a welcoming community, it blends residential charm with strong investment fundamentals. Set on a generous and well-kept piece of land, the property features classic curb appeal along with the potential for two dedicated parking spots—an added convenience for tenants and a valuable perk for long-term ownership. Inside, the building is well taken care of, with clean, well-lit common hallways and original wood handrails that bring warmth and historic charm to the space. The unit mix includes two spacious two-bedroom apartments, one one-bedroom unit, and two studios—each self-contained and thoughtfully updated to attract quality tenants. A shared community basement offers convenient on-site laundry and additional storage, further enhancing the tenant experience. With all units currently leased and generating approximately $66,600 in annual rental income, this is a true turnkey investment offering immediate cash flow. Its unbeatable location near parks, schools, shopping, and major commuter routes makes it an incredibly rare opportunity in a high-demand area—perfect for investors seeking a low-maintenance property with long-term value.

Taxes: $12,080
Home Assoc: No
Condo Assoc: No
Garage: N
Basement: Y
Pool: No Pool
School Dist: Ridley

Features

Utilities
Hot Water Heating, Natural Gas, None, Electric, Hot Water - Natural Gas, Public Water, Public Sewer, Natural Gas Available

Garage/Parking
Driveway

Interior
Ceiling Fan(s), Full Basement

Exterior
Stone Foundation, Aluminum Siding

Contact Information

Schedule an Appointment to See this Home
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or call me now at 302-429-7348

Listing Courtesy of: KW Empower , vicki@kwempower.com

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Listing data as of 5/04/2025.