$239,000

5425 RIDGEWOOD STREET, Philadelphia, PA 19143

  • 1,200 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1925
  • Property Lot Size Icon871sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $199/sqft
  • Property List Date Icon Listed 3 months ago

Property Description

This fully rehabbed duplex, renovated in 2018, presents a great investment opportunity for those looking to generate rental income. The property consists of two units, each offering a unique appeal. Unit 1, located on the first floor, is a cozy 1-bedroom, 1-bathroom space that is currently occupied for $890 a month, providing immediate rental income. This unit features modern updates including vinyl plank flooring throughout, stainless steel appliances in the updated kitchen, and an tiled tub/shower combo in the updated bathroom. Unit 2, located on the second floor, is a spacious 2-bedroom, 1-bathroom unit that is currently vacant and move-in ready being marketed for $1,000 a month. This unit also features modern updates throughout, including vinyl plank flooring, an updated kitchen with beautiful cabinets, a tiled backsplash, stone countertops, and a stainless steel range. The bathroom is fully updated with a tiled floor and tub/shower combo. Additionally, Unit 2 benefits from its own new HVAC system and hot water heater, ensuring comfort and efficiency. The property also offers a full, unfinished basement, ideal for storage, and it has laundry hook-ups in place, providing the option to add-in laundry option for additional convenience for tenants. Whether you’re looking to rent out both units or occupy one while generating rental income, this duplex offers a fantastic opportunity for steady cash flow with minimal effort.

Listing Status:
Pending
Listing Office:
Redfin Corporation : 4849620034
Listing Agent:
Andrew G Black : 6106806200
MLS ID:
PAPH2452962

This listing courtesy of Andrew G Black, Redfin Corporation

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

W

W.C. Longstreth Elementary School

5700 Willows Ave, Philadelphia, PA, 19143

Grades KG-8

0.30 miles away

W

W.C. Longstreth Elementary School

5700 Willows Ave, Philadelphia, PA, 19143

Grades KG-8

0.30 miles away

M

Motivation High School

5900 Baltimore Ave, Philadelphia, PA, 19143

Grades 9-12

0.78 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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