This listing was posted on ListedBuy.
$395,000
744 W Ritner St, Philadelphia, PA 19148
Price:
$395,000
BR/BA:
2 BR, 2 BA
Location:
744 W Ritner St, Philadelphia, PA
Description:
Large corner mixed use property with commercial grocery store on first floor and basement for storage, 2nd floor with 2 bedrooms residential unit. Same tenant for both floors. Great cash flow. Building was completely renovated in 2021 with upgrades in exterior wall, roof, interior wall, kitchen, electricity, plumbing and sewerage. First floor grocery store tenant occupies the second floor unit which is a newly renovated 2 bedroom 1 full bathroom unit with separate entrance from the street. laundry area in hallway consists newer washer, dryer and cabinet. Large open living, dining area connected to the kitchen with new granite countertop and mable cabinet. Gas cooking. Hardwood floor. Access to the rear deck with outdoor space. New bathroom with cultured marble vanity, new toilet, bathtub and ceramic tile floor. Separate central heating and air conditioning system by electricity locates in the closet next to the deck. Electric hot water heater locates next to the first floor laundry room. Gas cooking. Tenant pays for all utilities. Sale is $1,300 per month starting Jan 20-Jan 31, 2023 and now on a month to month lease. First floor is a grocery store with basement for storage. Laminate floor. Tenant owns all the equipment, and shelves. Store opens daily 2:30pm-12am. Starting sale $1,500 with 3% increase each year started 12/1/2021 and expected to end on 11/30/2026 with 5 years option to renew(current sale is $1,545). tenant pays $50 water which is included in the lease amount. Tenant has the first right of refusal if house is sold. However current tenant hasn't showed any intention to purchase. Central heating and sir conditional system by natural gas and electricity. Electric hot water heater. Year 2: From Dec 1 2022 to Nov 30. 2023 $1,545/month; Year 3: From Dec 1 2023 to Nov 30, 2024 $1,591/month; Year 4: From Dec 1 2024 to Nov 30, 2025 $1,639/month; Year 5: From Dec 1 2025 to Nov 30, 2026 $1,688/month. The first floor tenant pays the. Still available at ListedBuy!
Property Type:
Multi-Family Residences for Sale
Sq feet:
1,560 sq. ft.
Amenities:
AC, Patio/Deck, Storage, Washer Dryer, Wood Floors
For sale by:
By Owner
Posted:
May 13 on ListedBuy
Visit Our Partner Website
This listing was posted on another website. Click here to open: Go to ListedBuy
Important Safety Tips
These might be signs of fraud:
- Really cheap prices
- Irregular email adresses
- Contact info in pictures
To learn more, visit the Safety Center or click here to report this listing.
More About this Listing: 744 W Ritner St, Philadelphia, PA 19148
744 W Ritner St, Philadelphia, PA 19148 is a Two Bedroom Two Bath Multi-Family Real Estate for Sale at 744 W Ritner St in Philadelphia PA. Find other listings like 744 W Ritner St, Philadelphia, PA 19148 and listings near 744 W Ritner St by searching Oodle Classifieds for Two Bedroom Two Bath Multi-Family Real Estate for Sale in Philadelphia PA.
744 W Ritner St, Philadelphia, PA 19148 is a Two Bedroom Two Bath Multi-Family Real Estate for Sale at 744 W Ritner St in Philadelphia PA. Find other listings like 744 W Ritner St, Philadelphia, PA 19148 and listings near 744 W Ritner St by searching Oodle Classifieds for Two Bedroom Two Bath Multi-Family Real Estate for Sale in Philadelphia PA.