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1305-1307 E Ridge Pike, Plymouth Meeting, PA, 19462

4beds
--baths
2,940sqft
$850,000
$289price/sqft
$5,776/moest. monthly cost
$231,040/yrincome needed

About This Home

Rare 5-Unit Investment Opportunity – 1305–1307 E 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 (previously 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 multi-unit property

Getting Around

40
WalkingCar-Dependent
0
TransitVery Limited Transit
44
BikeSomewhat Bikeable

Schools

9/10
Plymouth El SchoolGrades K-31.4 mi
7/10
Colonial Middle SchoolGrades 6-81.4 mi

Construction

Condition

  • Year built: 1927

Materials

  • Foundation: Stone
  • Construction materials: Stucco

Type & Style

  • Home type: MultiFamily
  • Architectural style: Other
  • Property subType: Multi Family

Interior

Appliances

  • Appliances included: Gas Water Heater

Basement

  • Area: 0

Basement

  • Has basement: Yes
  • Basement: Full

Bedrooms & Bathrooms

  • Bedrooms: 4

Heating & Cooling

  • Heating features: Central,Natural Gas
  • Cooling features: None

Interior Area

  • Total structure area: 2,940
  • Total interior livable area: 2,940 sqft

Property

Accessibility

  • Accessibility features: None

Details

  • Parcel number: 490010201001
  • Zoning: DUPLEX/TRIPLEX
  • Special condition: Standard

Features

  • Pool features: None

Lot

  • Lot size: 4,892 sqft
  • Lot size dimensions: 24.00 x 0.00

Parking

  • Total spaces: 5
  • Parking features: Asphalt,Driveway,Alley Access
  • Has uncovered spaces: Yes
  • Uncovered spaces: 5