108 Morton | 108 Morton Ave
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108 Morton 108 Morton Ave
7 Unit Apartment Building $1,123,714 CAD ($160,531 CAD/Unit) 6.65% Cap Rate Ridley Park, PA 19078
Executive Summary
* 7 Units For Sale in Ridley Park – Renovated Kitchens, Renovated Bathrooms, New LVT Flooring.
* Building Fully-Occupied with Tenants on 1-Year Leases and Cash-Flowing $8,135.00/mo Gross.
* 4 Units Recently Renovated and Much Exterior Work Done Recently
* Walking distance to Ridley Park Train Station and Public Transportation.
* Building Fully-Occupied with Tenants on 1-Year Leases and Cash-Flowing $8,135.00/mo Gross.
* 4 Units Recently Renovated and Much Exterior Work Done Recently
* Walking distance to Ridley Park Train Station and Public Transportation.
Property Facts
| Price | $1,123,714 CAD | Building Class | C |
| Price Per Unit | $160,531 CAD | Lot Size | 0.27 AC |
| Sale Type | Investment | Building Size | 4,625 SF |
| Cap Rate | 6.65% | Average Occupancy | 100% |
| No. Units | 7 | No. Stories | 3 |
| Property Type | Multifamily | Year Built/Renovated | 1890/2018 |
| Property Subtype | Apartment | Parking Ratio | 1.08/1,000 SF |
| Apartment Style | Low Rise |
| Price | $1,123,714 CAD |
| Price Per Unit | $160,531 CAD |
| Sale Type | Investment |
| Cap Rate | 6.65% |
| No. Units | 7 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low Rise |
| Building Class | C |
| Lot Size | 0.27 AC |
| Building Size | 4,625 SF |
| Average Occupancy | 100% |
| No. Stories | 3 |
| Year Built/Renovated | 1890/2018 |
| Parking Ratio | 1.08/1,000 SF |
Unit Amenities
- Granite Countertops
- Porch
- Smoke Free
Site Amenities
- Laundry Facilities
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 7 | - | - |
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Walk Score ®
Very Walkable (79)
PROPERTY TAXES
| Parcel Number | 37-00-01348-00 | Improvements Assessment | $587,500 CAD |
| Land Assessment | $143,408 CAD | Total Assessment | $730,908 CAD |
PROPERTY TAXES
Parcel Number
37-00-01348-00
Land Assessment
$143,408 CAD
Improvements Assessment
$587,500 CAD
Total Assessment
$730,908 CAD
zoning
| Zoning Code | A-50 / HSE5 |
| A-50 / HSE5 |
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Christopher Armas -
Capital Commercial Real Estate Group
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108 Morton | 108 Morton Ave
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