230 Holmes Rd, Holmes, PA 19043

$425,000
: 3,500
SqFt

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List Price: $425,000
Days on Market: 74
Status: ACTIVE
MLS#: PADE2114904
Living Area: 3,500
Style: Colonial
Year Built: 1953
County: Delaware
School District: Ridley

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Property Description

This is a fantastic investment opportunity at 230 Holmes Ave. The property features two buildings: a vacant single-story storefront (25' wide by 55' deep) in the front, perfect for leasing or starting your own business, and a well-maintained two-story building in the rear with two one-bedroom apartments. The first-floor apartment rents for $1100/month, while the second-floor apartment rents for $1,050/month, providing stable income from long-term tenants. Each apartment includes a dedicated parking space at the back of the first building. The property shares an additional 8-space parking lot with the neighboring 234 Holmes Ave on a first-come, first-serve basis. The deeds for both properties allow 234 Holmes Ave (Neighboring property) to use the driveway on 230 Holmes Ave to access the parking lot, while 230 Holmes Ave has the right to share the parking lot on 234 Holmes Ave. Zoned Residential, It requires a variance application to the township for leasing the storefront to a business. The property is located just 11 minutes from Philadelphia Airport and 25 minutes from Center City, it’s conveniently situated near shopping, restaurants, and public transportation.

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Additional Information

Area: Ridley Twp (10438)
Taxes: $9491
School District: Ridley
Flooring: Carpet, Ceramic Tile, Vinyl
Heating: Forced Air
Heating Fuel: Natural Gas, Propane - Leased
Cooling: Central A/C
Roof: Flat, Shingle
Water: Public
Sewer: Public Sewer