714 W Ritner St, Home with 0 bedrooms, 0 bathrooms and null parking in PHILADELPHIA PA | Image 1

$365,000

714 W Ritner St, Philadelphia, PA

Real Estate

For Sale

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Key Facts
Description
Map

Key Facts

Type Duplex

Levels Residential Income

Size 1350 sqft

Garage No

Taxes $3,668

Days Active 0

Lot Size

Approx. Age 1920

Avg. Price Per Sqft $270

MLS® Number PAPH2523072

Property Address:

Average square foot calculated using Size range provided by listing agent.

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!Show Description

MLS® NumberPAPH2523072

Laundry Level

Central VacNo

FireplaceNo

Acreage0.02

Exterior

GarageNo

Approx. Age1920

BasementFull, Unfinished

DrivewayUnassigned, Public, On Street

Garage Spaces

HeatForced Air, Natural Gas

A/CWindow Unit(s), Electric

Heating Fuel

Extras

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