1305 1307 E Ridge Pike
$850,000
1305 1307 E Ridge Pike, Plymouth Meeting, PA 19462
2,940 sqft
Building Size
1927
Year Built
Details:
Highlights:
- Days on Market: 13
- Parking Features: Paved Parking
- Heating: Central, Baseboard - Hot Water
Description:
are 5-Unit Investment Opportunity – 1305–1307 S Ridge Pike, Plymouth Meeting
Two parcels being sold together, offering a total of five rental units in a highly accessible Plymouth Meeting location within the Colonial School District.
1305 E Ridge Pike (Tax ID: 49-00-10204-007) – Duplex
1307 E Ridge Pike (Tax ID: 49-00-10201-001) – Triplex
The unit mix consists of:
• One spacious 4-bedroom, 1.5-bath main house (currently owner-occupied; estimated market rent of approximately $2,400/month)
• Four 1-bedroom apartments – all currently rented
Each unit features its own private entrance, providing strong tenant appeal and independent access. The configuration offers a balanced mix of unit types, allowing for diversified rental income.
The property is strategically positioned along S Ridge Pike with immediate proximity to major commuting routes including I-476, the PA Turnpike, and key Montgomery County corridors, making it attractive to tenants traveling to Norristown, Conshohocken, King of Prussia, and surrounding employment centers.
An excellent opportunity for investors seeking a stabilized multi-unit property
Location
Gallery