SQUARE FEET1,908
MLS#PAPH2671846
STATUSACTIVE
PROPERTY TYPEMulti Unit - Multiple
SUBDIVISIONWEST PASSYUNK
SCHOOLTHE SCHOOL DISTRICT OF PHILADELPHIA
Property Description
Excellent investment opportunity in South Philadelphia! This fully occupied 5-unit apartment building features five efficiency-style studio apartments and an active 5-unit rental license. The property offers a strong in-place income stream and an attractive basis for an investor seeking a stabilized, income-producing asset. Each unit is currently occupied, providing immediate rental income from day one. The property also features shared laundry with a washer and dryer located in the basement. Conveniently located in South Philadelphia with easy access to Broad Street, major roadways, public transportation, shopping, dining, and neighborhood amenities.
Property Features
Property Type: Multi Unit - Multiple
Basement: Yes
Basement: Unfinished
Cooling: Window Unit(s)
Fuel Type: Electric
Heating: Baseboard - Electric
Home Style: Straight Thru
Lot Size: 0.02 Acres
Roof Type: Flat
Taxes: $5,267
Year Built: 1920
Feature Descriptions
Accessibility: Level Entry - Main
Additional Structures: Above Grade, Below Grade
Electric: 100 Amp Service
Exterior: Brick, Masonry
Flooring: Carpet, Ceramic Tile, Hardwood, Laminated
Lot Dimensions: 0.02 Acre(S)
Municipality: PHILADELPHIA
Sewer: No Septic System
Structure Type: Interior Row/Townhouse
Studio Efficiency Units: 5
Units: 4
Utilities: Electric Available, Natural Gas Available
Water: Public
Local Schools
School District: THE SCHOOL DISTRICT OF PHILADELPHIA
Listed By / Shown By
Listed By
Agency Name: Long & Foster Real Estate, Inc.
Agency Phone: 2156545900
Shown By
Agency Title: Berkshire Hathaway HomeServices Homesale Realty
Agency Phone: +18003833535
First AmericanEstimate Your Payment
Estimated Payment
$ 1,871.22 per month $1,266.35 Principal & Interest $438.92 Property Tax $165.96 Homeowner's Insurance
1421 W Ritner Street | MLS# PAPH2671846
This multi-family property located at 1421 W Ritner Street, Philadelphia, PA 19145 is currently listed for sale with an asking price of $569,000. W Ritner Street is located within the THE SCHOOL DISTRICT OF PHILADELPHIA school district. Search Philadelphia real estate on www.homesale.com today.