229 RIDLEY AVE Folsom, PA 19033

Investor Alert! Legal Use: 4 Unit Multi Family Building, centrally located in Folsom, Ridley Township. This property has an excellent rental history. It's convenient proximity to public transportation and shops/stores along the boulevard make it very appealing to occupants. The property consist of 3-one bedroom units and 1-large two bedroom unit. There are three units with private decks. (Rear decks built in 2017). All units are occupied with good tenants. The Victorian property was a conversion and each unit has (4) separate gas boilers, hot water copper baseboard radiator heating, (paid by tenants), and (4) circuit breaker panels with separately metered electric (paid by tenants). There is one (1) high demand natural gas hot water heater. Owner pays gas, water bill, common public lighting, and utility for laundry (separate meters). Caleco is a coin operated company that owns and maintains the washer/dryer in basement, paying owner quarterly a pro-ration of their collections. There is a common basement for light storage and a common rear yard for outdoor enjoyment. Parking is available on-street only. The rent operating income/expenses are available upon request. Buyer should be pre-approved for funding prior to showings. A 24 hour notice is required. LA Agent or Owner to be present at showings.