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744 W Ritner Street

PHILADELPHIA, PA 19148
  • $429,000
  • STATUS: Active
  • ON SITE: 61 Days
  • ID#: PAPH2126794
Price Reduced
UPDATED: 71 min ago
$429,000
  • 0
    BEDS
  • 0.02
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1925
County:

School Ratings & Info

Description

c1 zoned Corner 8 and ritner,total rehabbed with new central heating and air,new flooring and tiled basement with street loading access.separate entrance to apartment.One tenant occupied the whole buildong.first fl: convenient store $1500 with 5 year lease,apartment $1300/month.apartment: 2 bed with rear deck.store lease has 3 % increase till 11/30/2026 with another 5 year option.store pays 1/2 real estate tax,water and gas and electricity.owner only pays half of real estate tax and insurance.separate electricity.store has its own gas and electricity meters,apartment all on electricity.great investment with no maintenance hassle.

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©2022 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or ExecuHome Realty. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2022-08-11T16:05:49.533.
www.execuhome.com/homes/129714144
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744 W Ritner Street PHILADELPHIA, PA 19148

  • Price: $429,000
  • Status: Active
  • On Site: 61 Days
  • Updated: 71 min ago
  • ID#: PAPH2126794
0
Beds
0
Baths
0
½ Baths
0.02
Acres
1925
Built
Neighborhood:
Philadelphia (South)
County:
Philadelphia
Area:
19148 (19148)
School District:
The School District Of Philadelphia
Property Description
c1 zoned Corner 8 and ritner,total rehabbed with new central heating and air,new flooring and tiled basement with street loading access.separate entrance to apartment.One tenant occupied the whole buildong.first fl: convenient store $1500 with 5 year lease,apartment $1300/month.apartment: 2 bed with rear deck.store lease has 3 % increase till 11/30/2026 with another 5 year option.store pays 1/2 real estate tax,water and gas and electricity.owner only pays half of real estate tax and insurance.separate electricity.store has its own gas and electricity meters,apartment all on electricity.great investment with no maintenance hassle.
Exterior Features

Construction Materials Masonry Garage YN No Parking Types None Riparian Rights YN No Water Access YN No Water Oriented YN No Water View YN No Waterfront YN No

Interior Features

Building Area Total 1800.00 Cooling None Heating Baseboard - Hot Water Heating YN Yes Net Square Feet 1800.00

Property Features

Accessibility Features None Assessment Year 2022 Business Type Other/General RetailSupermarket/Grocery Store Central Air YN No Cooling Fuel None Cross Street 8TH/RITNER Gross Income 33600.00 Heating Fuel Natural Gas Hot Water Natural Gas Municipality Philadelphia Navigable Water YN N Net Operating Income 33600.00 New Construction YN No Original MLSNumber 801641901972 Ownership Interest Fee Simple Possession Subject To Existing Lease Property Sub Type Mixed Use Sale Type Standard Sewer Public Sewer Tax Annual Amount 2491.00 Tax Assessment Amount 178000.00 Tax Lot 165 Total Actual Rent 33600.00 Vacation Rental YN No Water Source Public Zoning Cmx1

Listing courtesy of Ge21 Realty.


©2022 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or ExecuHome Realty. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2022-08-11T16:05:49.533.
 
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