271 Ridge Road
Description
4.2-acre Property
Available 10-unit hotel + Farmhouse
Modern Amenities
Expansion Potential
Zoning: RC - Rural Conservation
Asking Price: $1,385,000
Cap Rate: 8.9%
NOI: $123,056
Pro Forma Cap Rate: 10.6%
- Listed by Beau McGettigan • KW CommercialP: 2153603540 bmack@pcre.ltd
Property Details for 271 Ridge Road
Property Details for 271 Ridge Road
| Status | Active |
|---|---|
| MLS # | PACT2066876 |
| Days on Market | 90 |
| Taxes | $9,259 / year |
| HOA Fees | - |
| Condo/Co-op Fees | - |
| Compass Type | Multi Family |
| MLS Type | Multi-Family / Fee Simple |
| Year Built | 1900 |
| Lot Size | 4.20 AC / 182,952 SF |
| County | Chester County |
Building Information for 271 Ridge Road
Property Information for 271 Ridge Road
- School District Name: OWEN J ROBERTS
- School District County ID: 300200397338
- SchoolDistrictSource: Listing Agent
- County: CHESTER
- MLS Area: East Vincent Twp (10321)
- Water View: No
- Water Access: No
- Water Oriented: No
- Navigable Water: No
- Tidal Water: No
- Riparian Rights Y/N: No
- Tax Year: 2023
- Tax Assessed Value: $228,730
- Year Assessed: 2023
- County Tax: $1,041
- Improvement Assessed Value: $123,070
- City Town Tax: $457
- Land Assessed Value: $105,660
- Clean Green Assessed: No
- Land Use Code: C40
- Zoning: C40
- Tax Lot: 0105
- School Tax: $7,761
- Automatically Update Tax Values Y/N: No
- Single Room Units Count: 10
- One Bedroom Units Count: 7
- Two Bedroom Units Count: 4
- Three Bedroom Units Count: 0
- Units Furnished: All
- Number Of Units Vacant: 0
- Net Operating Income: $123,056
- Cap Rate: 8.90
- Building Units Total: 2
- Total Finished SQFT: 3,008.00
- Total Finished SQFT Source: Estimated
- Total SQFT: 3,008.00
- Total SQFT Source: Estimated
- Construction Materials: Stucco, Masonry
- Flooring Type: Carpet, Hardwood
- Foundation Details: Concrete Perimeter
- Lot Size Source: Estimated
- Lot Size Dimensions: 0.00 x 0.00
- Lot Dimensions Source: Estimated
- Parcel ID: 255141
- Type Of Parking: Driveway, Parking Lot
- Parking Features: Paved Parking
- Accessibility Features: Ramp - Main Level
- Pool: No Pool
- Other Structures: Above Grade
- Heating: Yes
- Cooling Type: None
- Cooling Fuel: Electric
- Heating Type: Wall Unit
- Heating Fuel: Electric
- Hot Water: Electric
- Water Source: Public
- Sewer Septic: Other
Property History for 271 Ridge Road
| Date | Event & Source | Price | Appreciation |
|---|
| Date | Event & Source | Price |
|---|
For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 271 Ridge Road
Schools near 271 Ridge Road
Rating | School | Type | Grades | Distance |
|---|---|---|---|---|
| Public - | K to 6 | |||
| Public - | 7 to 8 | |||
| Public - | 9 to 12 |
Rating | School | Distance |
|---|---|---|
East Vincent El School PublicK to 6 | ||
Owen J Roberts Middle School Public7 to 8 | ||
Owen J Roberts High School Public9 to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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Listing Courtesy of KW Commercial
Based on information from one of the following Multiple Listing Services: BRIGHT, Greator Scranton Board of REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by BRIGHT, Greator Scranton Board of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.