For Sale Multi-Family MLS# PAPH2667988

1421 W RITNER ST

PHILADELPHIA, PA 19145

$569,000

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About 1421 W RITNER ST

Excellent investment opportunity in South Philadelphia! This fully occupied 5-unit apartment building features five efficiency-style studio apartments and an active 5-unit rental license. The property offers a strong in-place income stream and an attractive basis for an investor seeking a stabilized, income-producing asset.

Each unit is currently occupied, providing immediate rental income from day one. The property also features shared laundry with a washer and dryer located in the basement. Conveniently located in South Philadelphia with easy access to Broad Street, major roadways, public transportation, shopping, dining, and neighborhood amenities.

Property details

Property

Type
Five or more units
MLS type
Multi Family Home
Status
Active
Year built
1920
Lot
0.02
Original price
$599,000
MLS #
PAPH2667988

Interior

Features
Window Unit(s), true, Baseboard - Electric, Doors - Swing In
Heating
true, Baseboard - Electric
Cooling
Window Unit(s)

Exterior & lot

Construction
Brick, Masonry, Flat
Roof
Flat
Lot
RSA5, 261024100

Schools

District
Philadelphia City School District

Utilities

Utilities
Public Sewer, Public
Water
Public
Sewer
Public Sewer

Financial

Financial
BRIGHT_MAIN, Tenants Belongings
Annual tax
$5,218
Tax year
2026
Parcel
261024100

Location

Area
19145 (19145)
County
PHILADELPHIA-PA
Neighborhood
Girard Estates
Community
PHILADELPHIA-PA, BRIGHT_MAIN, THE SCHOOL DISTRICT OF PHILADELPHIA
Directions
From I-76, take Exit 347 toward Broad St/PA-611 S. Continue south on Broad St and turn right onto W Ritner St. Continue west on W Ritner St to 1421 W Ritner St. Property is on the north side of Ritner St.

Location

Neighborhood
Girard Estates
School district
Philadelphia City School District

Ask about this property

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Listed by Jonathan Joseph Carrozza, Long & Foster Real Estate, Inc.

Listing information is provided by the participating MLS / IDX program and is deemed reliable but not guaranteed. All information should be independently verified. Equal Housing Opportunity.