$365,000

714 W RITNER ST, Philadelphia, PA 19148

  • 1,350 sqft
  • Property Icon Duplex
  • Property Year Built Icon Built in 1920
  • Property Lot Size Icon871sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $270/sqft
  • Property List Date Icon Listed 2 days ago

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!

Listing Status:
Active
Listing Office:
KW Empower : 2156273500
Listing Agent:
Monique Perri : 2672697920
MLS ID:
PAPH2523072
  • Basement: FullUnfinished
  • A/C: Window Unit(s)
  • Heating: Forced AirNatural Gas
  • Disability Feature: Other

This listing courtesy of Monique Perri, KW Empower

Monthly Payment

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

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Location

Schools Nearby

F

Francis Scott Key School

2230 S 8th St, Philadelphia, PA, 19148

Grades KG-6

0.13 miles away

J

John H. Taggart School

400 W Porter St, Philadelphia, PA, 19148

Grades KG-8

0.28 miles away

S

South Philadelphia High School

2101 S Broad St, Philadelphia, PA, 19148

Grades 9-12

0.55 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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