1427 W RITNER ST, Philadelphia, PA 19145
1427 W RITNER ST, Philadelphia, PA 19145
1427 W RITNER ST, Philadelphia, PA 19145
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Listed by Matthew Bigelow • KW Empower
$520,000
Est. payment /mo
2,016 SqFt
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Key Details

Property Type Multi-Family, Townhouse

Sub Type End of Row/Townhouse

Listing Status Active

Purchase Type For Sale

Square Footage 2,016 sqft

Price per Sqft $257

MLS Listing ID PAPH2592318

Style Other

Abv Grd Liv Area 2,016

Year Built 1920

Available Date 2026-03-28

Annual Tax Amount $5,785

Tax Year 2025

Lot Size 960 Sqft

Acres 0.02

Lot Dimensions 16.00 x 60.00

Property Sub-Type End of Row/Townhouse

Source BRIGHT

Property Description

A rare opportunity to buy in one of Philadelphia's most enduring and high-demand neighborhoods. This striking 3-story masonry rowhome occupies a corner position just one block off bustling Passyunk Avenue — one of South Philadelphia's most celebrated corridors, known for its award-winning restaurants, cafés, boutique shops, and locally owned businesses that keep foot traffic and rental demand consistently strong. Outdoor enthusiasts will appreciate the proximity to FDR Park, and commuters will love the quick access to the Broad Street Line and SEPTA, offering an easy ride to Center City, the stadiums, and major transit connections throughout the region.

The building offers approximately 2,016 square feet above grade plus a basement and is currently generating income as a multi-unit investment property. Units were thoughtfully updated approximately 5 years ago — kitchens and baths vary by unit but reflect genuine investment, with highlights including stylish black and white subway tile baths and well-appointed kitchens with updated cabinetry and countertops. Electric is separately metered by unit, keeping operating costs lean and management straightforward. Current rents are well below market, giving a new owner significant upside potential from day one.

Three one bedroom, one bathroom units, and two studio units. One studio unit with private side entrance. All but one unit are currently occupied with tenants on month-to-month leases, delivering immediate cash flow while affording a new owner complete flexibility to reposition, reconfigure, or re-tenant the property entirely on their own terms. Financials available upon request.

Opportunities like this in this location don't come along often. Schedule your showing today!

Seller will not make repairs. Buyer is responsible for Use & Occupancy certificate and all due diligence.

Location

State PA

County Philadelphia

Area 19145 (19145)

Zoning RSA5

Interior

Hot Water Natural Gas

Heating Forced Air

Cooling None

Fireplace N

Heat Source Electric

Exterior

Water Access N

Accessibility None

Garage N

Building

Foundation Brick/Mortar

Above Ground Finished SqFt 2016

Sewer Public Sewer

Water Public

Architectural Style Other

Additional Building Above Grade, Below Grade

New Construction N

Schools

School District Philadelphia City

Others

Tax ID 261024400

Ownership Fee Simple

SqFt Source 2016

Special Listing Condition Standard


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Jenn Geddes

Jenn Geddes

+1(484) 995-2155

Agent | License ID: RS321126

Agent License ID: RS321126

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