PA
PHILADELPHIA
PHILADELPHIA
19148
714 W RITNER STREET
714 W RITNER STREET, PHILADELPHIA, PA 19148
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Listing Type
Multi Family
Listing Status
active
25
$365,000

Home Details for 714 W RITNER STREET

Price
$365,000
Type
Residential Income
Bedrooms
3
Bathrooms
Square feet
1350
Year built
1920
Lot size acres
0.02
County
PHILADELPHIA
Garage
Basement
Full, Unfinished
Days on site
54
MLS Listing#
PAPH2523072
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!

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Property Features
  • Cooling Information
    • Window Unit(s)
    • Electric
  • Heating Information
    • Natural Gas
    • Forced Air
  • Parking
    • On Street
    • Unassigned
  • Basement
    • Full
    • Unfinished
  • Water Features
    • Public
Listing Courtesy: KW Empower - 215-627-3500
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Last Updated: 2025-09-05 16:49:24
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EXIT ELEVATE REALTY
1450 Grays Ferry Ave. 1st Floor, Philadelphia, PA 19143
Rich Roberts
Sales Representative
Office
215 623 6000
Agent
717 723 0755
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