230 Holmes Rd Holmes, PA 19043
Ridley Township NeighborhoodEstimated payment $3,170/month
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.
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
Map
Home Values in the Area
Average Home Value in this Area
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 |
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 |
Purchase 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 |
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: Bright MLS
MLS Number: PADE2078770
APN: 38-04-01216-00
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