Welcome to your investment opportunity in the heart of Lower Moyamensing, Philadelphia!
**Location:** Nestled in the vibrant Lower Moyamensing neighborhood, this duplex offers the perfect blend of urban living and community charm. Conveniently located near amenities, public transportation, and local attractions, it's an excellent choice for tenants seeking a dynamic city lifestyle.
**Financials:** The 1st unit is leased at $1,300/mo and 2nd unit is leased at $1,350/mo.
**Unit #1:** The first-floor unit boasts access to a private backyard, providing a rare outdoor oasis in the city. This desirable feature enhances tenant satisfaction and rental value. The unit was part of the comprehensive 2022 renovation, ensuring modern comfort and style. Updates include brand-new flooring, appliances, kitchens, bathrooms, and mechanical systems.
**Unit #2:** The second-floor unit, already leased at $1,450, showcases the same high-quality renovations as the first. Tenants will enjoy the benefits of a thoughtfully designed living space with modern amenities, making it an attractive option for long-term occupancy.
**Building Renovation (2022):** The entire property underwent a thorough renovation in 2022, guaranteeing a turnkey investment for the discerning buyer. From top to bottom, everything is brand new, creating a hassle-free ownership experience. This modernization ensures low maintenance costs and positions the property as a sought-after residence in the rental market.
**Utilities:** As an added convenience for both tenants and investors, the landlord covers water expenses for the entire building. This minimizes tenant responsibilities and simplifies property management.
Seize this opportunity to secure a prime income-generating property in one of Philadelphia's emerging neighborhoods. Whether you're a seasoned investor or expanding your portfolio, this duplex promises both immediate returns and long-term value. Schedule a viewing today and explore the potential of this renovated gem in Lower Moyamensing!
Listed by Monique Perri
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License #RS347447
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KW Empower
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2672697920
Last updated August 02, 2025
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Source: BrightMLS #PAPH2523072
Listing Facts
TypeMulti-family
NeighborhoodLower Moyamensing
Days on Prevu37
Taxes$3,668/year
Size1,350 sqft
Price per sqft$270
Location
Mortgage Calculator
Listing History
08/01/2025
Listed by KW Empower
$365,000
Property Details for 714 W Ritner Street
Exterior
Construction
New Construction: No
Number Of Units Total: 2
Year Built: 1920
Architectural Style: Other
Construction Materials: Masonry
Features
Other Structures: Above Grade, Below Grade
Waterfront: No
Measurements
Lot Dimensions Source: Assessor
Lot Size Acres: 0.02
Lot Size Dimensions: 15
Lot Size Source: Assessor
Lot Size Square Feet: 855
Lot Size Units: Square Feet
Financial
Taxes
Tax Annual Amount: $3,668.00
Tax Year: 2022
Interior
Features
Fireplace: No
Measurements
Living Area: 1,350
Living Area Source: Assessor
Rooms
Basement: Full, Unfinished
Has Basement: Yes
Other
Features
Accessibility Features: Other
Location
Subdivision Name: LOWER MOYAMENSING
Tax Lot: 150
Parking
Parking
Garage: No
Parking Features: Unassigned, Public
Utilities
Equipment
Cooling: Window Unit(s)
Heating: Forced Air
Has Heating: Yes
Sewer: Public Sewer
Water Source: Public
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