Colonial, Traditional, Victorian
1151 MORTON AVENUE
FOLSOM, PA 19033
MLS#: PADE2113382
$565,000
Property
Beds
None
Full Baths
None
1/2 Baths
None
Year Built
1920
Sq.Footage
3,200
Welcome to 1151 Morton Ave, an exceptional multi-unit investment opportunity located in the desirable Ridley Township. This spacious 3,200 sq. ft. detached property offers three well-positioned units—including one 1-bedroom, one 2-bedroom, and one 3-bedroom unit—all currently leased, providing immediate rental income of $54,000 annually. Built in 1920 and full of character, this three-level property with a full basement blends classic construction with functional updates, including durable vinyl siding, a new roof in 2019, new windows in 2001 and new boilers in 2024 and 2025. Units are individually metered for electric and gas, owner pays water and common area electric. This triplex sits on a generous 50 x 175 lot with parking that accommodates up to 6 vehicles and a stand alone single car garage—a rare find for multi-unit properties. Conveniently located near major routes, public transportation (including the SEPTA Media Line station less than a mile away), and just minutes from the airport, this property is ideal for commuters and tenants alike. Situated within the Ridley School District adding to its long-term rental desirability. Whether you’re looking to expand your portfolio or secure a solid income-producing asset in a high-demand area, 1151 Morton Ave presents a unique opportunity with strong upside potential.
Features & Amenities
Interior
-
Total Bedrooms
N/A
-
Bathrooms
N/A
-
Above Grade Finished Area
3200.0
-
Basement YN
YES
-
Cooling YN
YES
-
Cooling
Ceiling Fan(s), Wall Unit(s)
-
Heating YN
YES
-
Heating
Electric, Natural Gas, Hot Water
-
Pet friendly
N/A
Exterior
-
Garage
Yes
-
Garage spaces
1
-
Construction Materials
Glass, Vinyl Siding
-
Other Exterior Features
Balcony, Lighting, Rain Gutters
-
Parking
Asphalt, On Street, Garage, Driveway, Covered, Detached
-
Patio and Porch Features
Enclosed, Porch
-
Pool
No
-
Waterfront YN
NO
Area & Lot
-
Lot Features
Front Yard, Back Yard
-
Lot Size(acres)
0.2
-
Lot Size(square feet)
8712.0
-
Property Type
Residential Income
-
Property Sub Type
Multi Family
-
Architectural Style
Colonial, Traditional, Victorian
Price
-
Sales Price
$565,000
-
Tax Amount
$8,620
-
Sq. Footage
3, 200
-
Price/SqFt
$176
HOA
-
Association
No
School District
-
Elementary School
EDGEWOOD
-
Middle School
RIDLEY
-
High School
RIDLEY
Property Features
-
Stories
3
-
New Construction
NO
-
Foundation Details
Stone
-
Sewer
Public Sewer
-
Tax Lot
178-000
-
Water Source
Public
Schedule a Showing
Showing scheduled successfully.
Mortgage calculator
Estimate your monthly mortgage payment, including the principal and interest, property taxes, and HOA. Adjust the values to generate a more accurate rate.
Your payment
Principal and Interest:
$
Property taxes:
$
HOA fees:
$
Total loan payment:
$
Total interest amount:
$
Location
County
DELAWARE
Elementary School
EDGEWOOD
Middle School
RIDLEY
High School
RIDLEY
Listing Courtesy of Andrew Gust , Coldwell Banker Realty
RealHub Information is provided exclusively for consumers' personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. RealHub website owner shall not be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.
Owner, Chief Executive Officer, Portfolio Advisor
Todd Polinchock
Call Todd today to schedule a private showing.
* Listings on this website come from the FMLS IDX Compilation and may be held by brokerage firms other than the owner of this website. The listing brokerage is identified in any listing details. Information is deemed reliable but is not guaranteed. If you believe any FMLS listing contains material that infringes your copyrighted work please click here to review our DMCA policy and learn how to submit a takedown request.© 2024 FMLS.
