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1151 MORTON AVE Folsom, PA 19033
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Key Details
Sold Price $395,000
Property Type Multi-Family
Sub Type Detached
Listing Status Sold
Purchase Type For Sale
Square Footage 3,200 sqft
Price per Sqft $123
MLS Listing ID PADE2020580
Sold Date 04/13/22
Style Colonial,Victorian,Traditional
Abv Grd Liv Area 3,200
Originating Board BRIGHT
Year Built 1920
Annual Tax Amount $8,620
Tax Year 2021
Lot Size 8,712 Sqft
Acres 0.2
Lot Dimensions 50.00 x 175.00
Property Description
Don’t miss this investment opportunity for a classic Victorian Triplex located on a very large lot. The house has a 1-bedroom unit, 2-bedroom unit and 3-bedroom unit. All units are currently rented on month-to-month plans but there is a lot of opportunity to maximize the current rental income. Basement has 4 individual 100-amp boxes. Each unit has its own hot water heater and gas hook-up. There are also set-ups for 3 individual washer and dryer units. New roof installed in 2019/2020, new windows installed in 2001/2002. Ample driveway parking available for 6+ cars. House also has a detached 1 car garage. Commuting can be a breeze with the Morton regional rail express train station as well as a coffee shop and small downtown area less than one mile from the front door. Swarthmore Borough downtown and shops are a quick bike ride in the other direction. This is the perfect location for college rentals with Swarthmore College 1.2 miles away, Strayer University 3.2 miles away and Widener University 3.6 miles away. In addition, Ridley High School is just a few blocks away.
Location
State PA
County Delaware
Area Ridley Twp (10438)
Zoning RES
Rooms
Basement Full
Interior
Hot Water Other
Heating Hot Water
Cooling Wall Unit, Ceiling Fan(s)
Flooring Carpet, Vinyl
Fireplace N
Heat Source Natural Gas, Natural Gas Available, Electric
Exterior
Exterior Feature Porch(es), Enclosed, Balcony
Parking Features Covered Parking, Additional Storage Area, Garage - Front Entry
Garage Spaces 7.0
Utilities Available Cable TV, Electric Available, Water Available, Sewer Available, Phone Connected, Natural Gas Available, Multiple Phone Lines
Water Access N
Roof Type Asphalt,Architectural Shingle,Pitched,Rubber,Shingle
Accessibility None
Porch Porch(es), Enclosed, Balcony
Total Parking Spaces 7
Garage Y
Building
Lot Description Front Yard, Rear Yard
Foundation Stone
Sewer Public Sewer
Water Public
Architectural Style Colonial, Victorian, Traditional
Additional Building Above Grade, Below Grade
Structure Type High,Dry Wall,Plaster Walls
New Construction N
Schools
Elementary Schools Edgewood
Middle Schools Ridley
High Schools Ridley
School District Ridley
Others
Tax ID 38-03-01677-00
Ownership Fee Simple
SqFt Source Assessor
Acceptable Financing FHA, Conventional, Cash, VA
Listing Terms FHA, Conventional, Cash, VA
Financing FHA,Conventional,Cash,VA
Special Listing Condition Standard
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Bought with Jeanne B Maillet • Compass RE
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