Tucked into one of the most desirable suburban neighborhoods, this beautifully maintained five-unit property offers both timeless character and reliable incomean ideal combination for any investor. Located on a quiet, tree-lined street surrounded by well-kept homes and a welcoming community, it blends residential charm with strong investment fundamentals.
Set on a generous and well-kept piece of land, the property features classic curb appeal along with the potential for two dedicated parking spotsan added convenience for tenants and a valuable perk for long-term ownership. Inside, the building is well taken care of, with clean, well-lit common hallways and original wood handrails that bring warmth and historic charm to the space.
The unit mix includes two spacious two-bedroom apartments, one one-bedroom unit, and two studioseach self-contained and thoughtfully updated to attract quality tenants. A shared community basement offers convenient on-site laundry and additional storage, further enhancing the tenant experience.
With all units currently leased and generating approximately $66,600 in annual rental income, this is a true turnkey investment offering immediate cash flow. Its unbeatable location near parks, schools, shopping, and major commuter routes makes it an incredibly rare opportunity in a high-demand areaperfect for investors seeking a low-maintenance property with long-term value.
Presented By: KW Empower
Interior Features for 15 W Ridley Avenue
Other Interior Features
Central Air Y/NNo
Heating FuelNatural Gas
Heating Y/NYes
Hot WaterNatural Gas
General for 15 W Ridley Avenue
AccessibilityNone
Business TypeApartment Building
CityRIDLEY PARK
Construction MaterialsAluminum Siding
Cool FuelElectric
CoolingNone
CountyDELAWARE
DirectionsTake I-95 South to Exit 8 (Stewart Ave), turn right on Chester Pike, then left on W Ridley Ave to reach 15 W Ridley Ave
Exclusions3rd Fl Unit Refrig (Tenants) And All Tenants Personal Possessions
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