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613 MICHELL STREET, Ridley Park, PA, 19078
Twin Home with Deck and Porch

613 MICHELL STREET Ridley Park, PA 19078

For Sale
$309,000

SINGLE_FAMILY - RIDLEY PARK, PA

Property Size1,156 SF
Price / SF$267.30
Days on Market20

Property Features for 613 MICHELL STREET

General Information

Property type
Residential
Property subtype
Duplex
Bedrooms
3
Bathrooms
2
Rooms
Bedroom 3, Bedroom 2, Bedroom 1
Standard status
Active
Size
1,156 SF

Building Details

Year built
1958
Listing Agency: BHHS Fox & Roach Media Home Marketing Center
Listed By: Fernando Gallard
Added: Jul 5 Changed: Jul 23 Last Checked: Jul 24 at 12:06AM
MLS# PADE2118954

Copyright © 2026 Berkshire Hathaway HomeServices Fox & Roach, Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


Investment Insights

Based on property information with market context.

Welcome to a beautifully maintained twin home offering 3 bedrooms and 1.5 baths. The first floor features an open layout with a spacious living and dining area, including access to the rear deck through a newly installed sliding patio door. The kitchen includes ample cabinetry and updated appliances, including a five-burner gas range, stainless steel refrigerator, and dishwasher.

Upstairs, the well-sized bedrooms provide natural light and closet space, and the full bathroom includes a tiled floor with a shower/tub combination. The large walkout finished basement adds flexible space for an entertainment room, playroom, or home office. Outdoor living is supported by a large front porch and an elevated back deck.

Recent upgrades include an HVAC system (2019), hot water heater (2019), first-floor luxury vinyl floors (2021), new carpets on the second floor (2019), new slider door and windows in the back bedrooms, kitchen updates (2025), and front porch railings (2026). Rear parking is available for convenient access.

Key Highlights

  • Twin home built in 1958 with 3 bedrooms and 1.5 bathrooms in Ridley Park
  • Open first‑floor layout with living and dining rooms, plus rear deck access through a newly installed sliding patio door
  • Kitchen updated with cabinetry and appliances including a five‑burner gas range, stainless steel refrigerator, and dishwasher

Financial Insights For Multifamily LT 5

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $20.8k $18.00
− Vacancy −$2.7k −$2.34
EGI $18.1k $15.66
− OpEx −$5.4k −$4.70
NOI $12.7k $10.96
1,156 SF · lease $18.00/SF/yr · vacancy 13.01% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$181.0K
$158.4K – $211.2K (±1% cap)
NOI $12,671 @ 7.0% cap · market cap 4.10%
Second Best
Apartment 5plus
$165.5K
$144.9K – $193.1K (±1% cap)
NOI $11,588 @ 7.0% cap · market cap 3.75%
Theoretical Best
Office A
$350.5K
$306.7K – $408.9K (±1% cap)
NOI $24,534 @ 7.0% cap · market cap 7.94%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Real Estate Agency Law Firm Parking Lot & Garage Daycare Center Cafe & Coffee Shop Food Market Accounting Firm Grocery & Convenience Store Cosmetic Store Bakery

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Duplex - Bright twin home with 3 bedrooms, 1.5 baths, an open first floor, and a finished walkout basement.
Where is this duplex located?
The property is located at 613 MICHELL STREET Ridley Park, PA.
What is the asking price?
The asking price for this property is $309,000.
What are key features of this property?
This property features: Twin home built in 1958 with 3 bedrooms and 1.5 bathrooms in Ridley Park; Open first‑floor layout with living and dining rooms, plus rear deck access through a newly installed sliding patio door; Kitchen updated with cabinetry and appliances including a five‑burner gas range, stainless steel refrigerator, and dishwasher
More about this property
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