1421 W Ritner St, Philadelphia, PA 19145

$569,000
1,908
SqFt

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List Price
$569,000
Days on Market
3
MLS#
PAPH2671846
Status
ACTIVE
Type
Multifamily
Style
Straight Thru
Year Built
1920
County
Philadelphia
Region
19145 (19145)
Neighborhood
West Passyunk
Subdivision
West Passyunk

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.

Additional Information

Acres
0.02
Lot Size
871
Living Area
1,908
Roof
Flat
Cooling
Window Unit(s)
Heating
Baseboard - Electric
Basement
Yes
Taxes
$5,267

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Listing courtesy of Long & Foster Real Estate, Inc.. Contact: (215) 654-5900