1728 W RITNER ST, Philadelphia, PA 19145 - MLS#PAPH2384684

$580,000

Est. payment - /mo

1,300 Sqft Lot

UPDATED:

Key Details

Sold Price $580,000

Property Type Commercial

Sub Type Mixed Use

Listing Status Sold

Purchase Type For Sale

Subdivision Girard Estates

MLS Listing ID PAPH2384684

Sold Date 12/04/24

Originating Board BRIGHT

Year Built 1920

Annual Tax Amount $6,849

Tax Year 2024

Lot Size 1,300 Sqft

Acres 0.03

Lot Dimensions 20.00 x 65.00

Property Description

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.

Location

State PA

County Philadelphia

Area 19145 (19145)

Zoning RSA5

Interior

Hot Water Natural Gas, Electric

Heating Radiator, Baseboard - Electric

Cooling Window Unit(s), Wall Unit

Heat Source Natural Gas, Electric

Exterior

Water Access N

Accessibility None

Garage N

Building

Sewer Public Sewer

Water Public

New Construction N

Schools

School District The School District Of Philadelphia

Others

Tax ID 871535760

Ownership Fee Simple

SqFt Source Assessor

Special Listing Condition Standard

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Listed by Christina M Briglia • KW Empower
Bought with Jien Fung • Mercury Real Estate Group

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Adam Ferst

+1(202) 421-5500

Agent | RSRS325119

Agent RSRS325119

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