Active
1728 W Ritner St
Philadelphia PA, 19145
$650,000
Active
Commercial
Built in 1920
Corner Mixed-Use QUADPLEX in a premier Girard Estates location! Residents enjoy the convenient proximity to St. Monica's School, Girard Park, local coffee shops and eateries, and various public transporation routes. This property is move-in ready but has plenty of value-add opportunities. It features (1) first floor commercial space, (2) second floor one-bedroom units, and (1) third floor larger one-bedroom unit. The commercial space was most recently used as a retail collectibles shop and previously used as a neighborhood food market. It is comprised of a large open floor plan with high ceilings and direct access to the basement for any additional storage needs. The residential units are smartly laid out with updated kitchens and baths, ample closet space, and carpeted bedrooms. Two units use radiator heat and one unit is all-electric with baseboard heating. Each unit is separately metered for gas and electric. Residential units share coin-operated laundry on the third floor along with shared access to a potential roof deck. Projected as-is income for the building is $5,000 - $5,300/mo. and more with a few select upgrades. The future of this wonderful property is now in your hands. Owner-occupant business owners can benefit from lower rate financing! Schedule your appointment and discover the potential today.
PAPH2384684
MLSⓇ ID
August 9, 2024
Listed
October 2, 2024
Updated
Map
1728 W Ritner St
Philadelphia PA, 19145
Interior Features
Appliances
Electric Water Heater
Fireplace
No
Cooling
Yes
Cooling Description
Window Unit(s)
Heating
Yes
Heating Description
Baseboard, Electric, Natural Gas
Exterior/Building Features
Lot Size
0.03 Acres
Sewer
Public Sewer
Other Property Details
Area Name
PHILADELPHIA
Taxes
$6,849
Tax Frequency
Annually
Days on Market
17
Garage
No
Parking
On Street
View
No
County
PHILADELPHIA
Water Source
Public
Pool
No
Listed by KW Empower
Listing Contact: 2672315484
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Data last updated on 10/2/2024 at 7:02 AM UTC