1421 W Ritner St, Philadelphia, PA 19145

$569,000
: 1,908
SqFt

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List Price: $569,000
Status: ACTIVE
MLS#: PAPH2671846
Subtype: Multi-Family
Style: Straight Thru
Year Built: 1920
Living Area: 1,908
Lot Size: 960
Acres: 0.02
Subdivision: West Passyunk
MLS Area Major: 19145 (19145)

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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

Taxes: $5,267
Property Description: Straight Thru
Zoning: RSA5
Flooring: Carpet, Tile, Hardwood, Laminate
Heating: Electric Baseboard
Air Conditioning: Window/Wall
Roof: Flat
Foundation: Brick/Mortar
School District: The School District Of Philadelphia