Bought with William J Howlett • RE/MAX Ready
$750,000
$850,000
11.8%For more information regarding the value of a property, please contact us for a free consultation.
1305-1307 E RIDGE PIKE Plymouth Meeting, PA 19462
2,940 SqFt
Key Details
Sold Price $750,000
Property Type Multi-Family
Sub Type Detached
Listing Status Sold
Purchase Type For Sale
Square Footage 2,940 sqft
Price per Sqft $255
MLS Listing ID PAMC2167782
Sold Date 07/08/26
Style Other
Abv Grd Liv Area 2,940
Year Built 1927
Available Date 2026-02-20
Annual Tax Amount $3,916
Tax Year 2025
Lot Size 4,892 Sqft
Acres 0.11
Lot Dimensions 24.00 x 0.00
Property Sub-Type Detached
Source BRIGHT
Property Description
Rare 5-Unit Investment Opportunity – 1305–1307 E Ridge Pike, Plymouth Meeting
Two parcels being sold together, offering a total of five rental units in a highly accessible Plymouth Meeting location within the Colonial School District.
1305 E Ridge Pike (Tax ID: 49-00-10204-007) – Duplex
1307 E Ridge Pike (Tax ID: 49-00-10201-001) – Triplex
The unit mix consists of:
• One spacious 4-bedroom, 1.5-bath main house (previously owner-occupied; estimated market rent of approximately $2,400/month)
• Four 1-bedroom apartments – all currently rented
Each unit features its own private entrance, providing strong tenant appeal and independent access. The configuration offers a balanced mix of unit types, allowing for diversified rental income.
The property is strategically positioned along S Ridge Pike with immediate proximity to major commuting routes including I-476, the PA Turnpike, and key Montgomery County corridors, making it attractive to tenants traveling to Norristown, Conshohocken, King of Prussia, and surrounding employment centers.
An excellent opportunity for investors seeking a multi-unit property
Location
State PA
County Montgomery
Area Plymouth Twp (10649)
Zoning DUPLEX/TRIPLEX
Rooms
Basement Full
Interior
Hot Water Natural Gas
Heating Central
Cooling None
Fireplace N
Heat Source Natural Gas
Exterior
Garage Spaces 5.0
Water Access N
Accessibility None
Total Parking Spaces 5
Garage N
Building
Foundation Stone
Above Ground Finished SqFt 2940
Sewer Public Sewer
Water Public
Architectural Style Other
Additional Building Above Grade, Below Grade
New Construction N
Schools
School District Colonial
Others
Tax ID 49-00-10201-001
Ownership Fee Simple
SqFt Source 2940
Special Listing Condition Standard
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