1421 W Ritner St, Philadelphia, PA 19145

$569,000

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List Price: $569,000
Price Change: ▼ $30,000 1789677776
Days on Market: 4
Status: ACTIVE
MLS#: PAPH2667988
Lot Size (Acres): 0.02
Year Built: 1920
County: Philadelphia
School District: The School District Of Philadelphia

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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.

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Additional Information

Area: 19145 (19145)
Taxes: $5218
Stories: 3
School District: The School District Of Philadelphia
Heating: Baseboard - Electric
Heating Fuel: None
Cooling: Window Unit(s)
Roof: Flat
Water: Public
Sewer: Public Sewer
Basement: Yes