Welcome to 350 7th Avenue in a convenient & desirable neighborhood in Ridley School District. Ideal opportunity as an investment property with $4,145 monthly rental income or as an owner occupant with rental income from the other 3 apartments. This property has 4 occupied income units. The main building is a triplex plus a second building - a cottage. The main building has a first floor apartment with 2 bedrooms and a full bath & rents for $1100 per month. Second floor apartment has two bedrooms and a full bath, and rents for $1150 per month. Third floor is an efficiency apartment with a separate entrance and has one bedroom, kitchen & bath rents for $720. The Cottage has 2 bedrooms and rents for $1175. Only a short distance to Swarthmore College and public transportation. Easy access to the Philadelphia International Airport and Routes 476 & 95. There are separate electric utilities for the 3 apartments in the main building and the cottage has separate electric and gas utlitites. New roof in July, 2021.
AppliancesDryer, Refrigerator, Cooktop, Washer, Electric Water Heater
Total Bedrooms:4
Area & Lot
Lot Area0.27 Acres
Living area1,802 Sq.Ft.
MLS® IDPADE2052506
Year Built1923
School DistrictRIDLEY
High SchoolRIDLEY
Middle SchoolRIDLEY
Elementary SchoolGRACE PARK
Architecture StylesColonial, Bungalow
TypeMulti-Family
StatusSold
Exterior
Air conditioningWindow Unit(s)
Heat typeBaseboard, Hot Water, Electric, Natural Gas
Water SourcePublic
SewerPublic Sewer
ParkingAsphalt, Off Street, On Street
RoofShingle
UtilitiesCable Available
Finance
Sales Price$441,000
Real Estate Tax$9,081 yearly
Work With Us
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