SQUARE FEET3,200
MLS#PADE2113382
STATUSACTIVE
PROPERTY TYPEMulti Unit - Multiple
SCHOOLRIDLEY
Property Description
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.
Property Features
Property Type: Multi Unit - Multiple
Basement: Full
Basement: Yes
Cooling: Ceiling Fan(s), Wall Unit
Fuel Type: Electric, Natural Gas, Natural Gas Available
Garage: 1
Heating: Hot Water
Home Style: Colonial, Traditional, Victorian
Lot Size: 0.20 Acres
Roof Type: Architectural Shingle, Asphalt, Pitched, Rubber, Shing
Taxes: $8,620
Year Built: 1920
Feature Descriptions
Additional Structures: Above Grade, Below Grade
Electric: 100 Amp Service
Exterior: Exterior Lighting, Gutter System, Sidewalks
Exterior: Cast Iron Plumbing, Copper Plumbing, Glass, Masonry, V
Flooring: Carpet, Vinyl
Lot: Front Yard, Rear Yard
Lot Dimensions: 0.20 Acre(S)
Municipality: RIDLEY TWP
Parking Notes: Asphalt Driveway
Sewer: Public Sewer
Structure Type: Detached
Total Garage/Parking Spaces: 7
Utilities: Cable TV, Electric Available, Multiple Phone Lines, Natural Gas Available, Phone Connected, Sewer Available, Water Available
Water: Public
Local Schools
High School: RIDLEY
Middle School: RIDLEY
Elementary School: EDGEWOOD
School District: RIDLEY
Listed By / Shown By
Listed By
Agency Name: Coldwell Banker Realty
Agency Phone: 6105661100
Shown By
Agent Name: Denny Brandt
Agent Phone: (717) 371-7841
Agency Title: Berkshire Hathaway HomeServices Homesale Realty
First AmericanEstimate Your Payment
Estimated Payment
$ 2,140.57 per month $1,257.45 Principal & Interest $718.33 Property Tax $164.79 Homeowner's Insurance
Corporate Office - 215 S Centerville Rd. Lancaster, PA 17603
1151 Morton Avenue | MLS# PADE2113382
This multi-family property located at 1151 Morton Avenue, Folsom, PA 19033 is currently listed for sale with an asking price of $565,000. Morton Avenue is located within the RIDLEY school district. Search Folsom real estate on www.dennybrandt.com today.