$449,900

Estimated payment $3,180/month

Total Views 20,567
-- Bed
-- Bath
3,500 Sq Ft
$129 Price per Sq Ft

Highlights

  • Colonial Architecture
  • Ceramic Tile Flooring
  • Forced Air Heating and Cooling System

About This Home

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 $900/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 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.

Listing Agent

Claude Canavati

BHHS Fox & Roach-Haverford License #RS319752

BHHS Fox & Roach-Haverford

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,226

Year Built

  • Built in 1953

Lot Details

  • Lot Dimensions are 61.80 x 103.00
  • Property is in good condition

Parking

  • Parking Lot

Home Design

  • 3,500 Sq Ft Home
  • Triplex
  • Colonial Architecture
  • Flat Roof Shape
  • Brick Exterior Construction
  • Shingle Roof

Flooring

  • Carpet
  • Ceramic Tile
  • Vinyl

Location

  • Suburban Location

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Powered By Leased Propane
  • Electric Water Heater

Community Details

  • 3 Units
  • 1 Vacant Unit

Listing and Financial Details

  • Tax Lot 874-000
  • Assessor Parcel Number 38-04-01216-00

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,226

Year Built

Built in 1953

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Triplex
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Exclusions: Tenants belongings.
  • Historic: No
  • New Construction: No
  • Year Built: 1953
  • Remarks Public: 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 $900/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 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.
  • Special Features: None

Interior Features

  • Flooring Type: Carpet, Ceramic Tile, Vinyl
  • Foundation Details: Other
  • Total Sq Ft: 3500
  • Living Area Sq Ft: 3500
  • Price Per Sq Ft: 128.54
  • Above Grade Finished Sq Ft: 3500
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 230

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Brick
  • Roof: Flat, Shingle
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: Parking Lot

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas, Propane - Leased
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Schools

  • School District: RIDLEY
  • School District Key: 300200397359
  • School District Source: Listing Agent

Lot Info

  • Lot Dimensions: 61.80 x 103.00
  • Lot Size Units: Square Feet
  • Property Condition: Good
  • Year Assessed: 2024
  • Zoning: COMMERCIAL
  • Zoning Description: Commercial, Mixed use

Rental Info

  • Vacation Rental: No

Tax Info

  • School Tax: 6186.00
  • Tax Annual Amount: 8226.00
  • Assessor Parcel Number: 38-04-01216-00
  • Tax Lot: 874-000
  • County Tax Payment Frequency: Annually
  • Tax Year: 2023

Multi Family

  • Number Of Units Vacant: 1

MLS Schools

  • School District Name: RIDLEY

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $8,227 $236,930 $95,270 $141,660
2023 $7,869 $236,930 $95,270 $141,660
2022 $7,616 $236,930 $95,270 $141,660
2021 $11,790 $236,930 $95,270 $141,660
2020 $4,474 $79,200 $79,200 $0
2019 $4,392 $79,200 $79,200 $0
2018 $4,337 $79,200 $0 $0
2017 $4,337 $79,200 $0 $0
2016 $435 $79,200 $0 $0
2015 $444 $79,200 $0 $0
2014 $444 $79,200 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/09/2025 04/09/25 Price Changed $449,900 -4.3% $129 / Sq Ft
02/25/2025 02/25/25 Price Changed $469,900 -2.1% $134 / Sq Ft
10/30/2024 10/30/24 For Sale $480,000 -- $137 / Sq Ft
Source: Bright MLS

Deed History

Date Type Sale Price Title Company
Deed $240,000 Land Services Usa Inc
Deed $150,000 None Available
Deed $175,000 Commonwealth Land Title Ins
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Closed $180,000 Future Advance Clause Open End Mortgage
Previous Owner $111,500 Future Advance Clause Open End Mortgage
Previous Owner $112,500 Commercial
Previous Owner $140,000 Commercial
Source: Public Records

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MLS Number: PADE2078770

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APN: 38-04-01216-00