Philadelphia, PA 19148,714 W RITNER ST
Philadelphia, PA 19148,714 W RITNER ST
Philadelphia, PA 19148,714 W RITNER ST
Philadelphia, PA 19148,714 W RITNER ST
Philadelphia, PA 19148,714 W RITNER ST
Philadelphia, PA 19148,714 W RITNER ST
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Listed by Monique Perri • KW Empower
$ 365,000
Est. payment | /mo

1,350 SqFt


$ 365,000
Est. payment | /mo

1,350 SqFt

Key Details

Property Type Multi-Family, Townhouse

Sub Type Interior Row/Townhouse

Listing Status Active

Purchase Type For Sale

Square Footage 1,350 sqft

Price per Sqft $270

Subdivision Lower Moyamensing

MLS Listing ID PAPH2523072

Style Other

Abv Grd Liv Area 1,350

Year Built 1920

Annual Tax Amount $3,668

Tax Year 2022

Lot Size 855 Sqft

Acres 0.02

Lot Dimensions 15.00 x 57.00

Property Sub-Type Interior Row/Townhouse

Source BRIGHT

Property Description

Welcome to your investment opportunity in the heart of Lower Moyamensing, Philadelphia!

**Location:**
Nestled in the vibrant Lower Moyamensing neighborhood, this duplex offers the perfect blend of urban living and community charm. Conveniently located near amenities, public transportation, and local attractions, it's an excellent choice for tenants seeking a dynamic city lifestyle.

**Financials:**
The 1st unit is leased at $1,300/mo and 2nd unit is leased at $1,350/mo.

**Unit #1:**
The first-floor unit boasts access to a private backyard, providing a rare outdoor oasis in the city. This desirable feature enhances tenant satisfaction and rental value. The unit was part of the comprehensive 2022 renovation, ensuring modern comfort and style. Updates include brand-new flooring, appliances, kitchens, bathrooms, and mechanical systems.

**Unit #2:**
The second-floor unit, already leased at $1,450, showcases the same high-quality renovations as the first. Tenants will enjoy the benefits of a thoughtfully designed living space with modern amenities, making it an attractive option for long-term occupancy.

**Building Renovation (2022):**
The entire property underwent a thorough renovation in 2022, guaranteeing a turnkey investment for the discerning buyer. From top to bottom, everything is brand new, creating a hassle-free ownership experience. This modernization ensures low maintenance costs and positions the property as a sought-after residence in the rental market.

**Utilities:**
As an added convenience for both tenants and investors, the landlord covers water expenses for the entire building. This minimizes tenant responsibilities and simplifies property management.

Seize this opportunity to secure a prime income-generating property in one of Philadelphia's emerging neighborhoods. Whether you're a seasoned investor or expanding your portfolio, this duplex promises both immediate returns and long-term value. Schedule a viewing today and explore the potential of this renovated gem in Lower Moyamensing!

Location

State PA

County Philadelphia

Area 19148 (19148)

Zoning RSA5

Rooms

Basement Full, Unfinished

Interior

Hot Water Natural Gas

Heating Forced Air

Cooling Window Unit(s)

Fireplace N

Heat Source Natural Gas

Exterior

Water Access N

Accessibility Other

Garage N

Building

Foundation Other

Sewer Public Sewer

Water Public

Architectural Style Other

Additional Building Above Grade, Below Grade

New Construction N

Schools

School District The School District Of Philadelphia

Others

Tax ID 393116710

Ownership Fee Simple

SqFt Source Assessor

Special Listing Condition Standard

Virtual Tour https://drive.google.com/file/d/1G3Zjm2PzOwFJrK7MHGdtfJOpBlbS23DF/view?usp=sharing

Bright MLS (BMLS)

GET MORE INFORMATION

agent
Julie Strickler

MD & PA | License ID: 5006490, RS300650

+1(484) 333-3518 | julie@stricklerteam.com

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714 W RITNER ST