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700 W Ritner Street Philadelphia, PA $ 623,000
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$ 623,000 Get more info
700 W Ritner Street
$ 623,000
Back to search
Share Save

700 W Ritner Street

Philadelphia, PA, 19148
$ 623,000
Baths0.0 Sq 3,090

Monthly Estimate*

$ 4,141

700 W Ritner Street, Philadelphia, PA 19148 - Image 1
700 W Ritner Street, Philadelphia, PA 19148 - Image 2
700 W Ritner Street, Philadelphia, PA 19148 - Image 3
700 W Ritner Street, Philadelphia, PA 19148 - Image 4
700 W Ritner Street, Philadelphia, PA 19148 - Image 5
700 W Ritner Street, Philadelphia, PA 19148 - Image 6
700 W Ritner Street, Philadelphia, PA 19148 - Image 7
700 W Ritner Street, Philadelphia, PA 19148 - Image 8
700 W Ritner Street, Philadelphia, PA 19148 - Image 9
700 W Ritner Street, Philadelphia, PA 19148 - Image 10
700 W Ritner Street, Philadelphia, PA 19148 - Image 11
Studio

Commercial Property for sale in Philadelphia, PA

for $623,000. This 3,090 square foot building was built in 1925 on a lot size of 0.05.

Excellent opportunity to own this Laundromat business and 2 buildings (700 Ritner #871554970 CMX1 & 702 Ritner # 871554980 CMX2 ) in the most desirable South Philadelphia. There are 2 apartments upstairs currently occupied with $1,800 rental income and the owner-occupied Laundromat with a full basement. Laundromat business and is currently owner-occupied. . The Current Gross sales $53,000. Starting making money after closing. Do not disturb the employees.

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Commercial Active

Price

$ 623,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 6,115

Style

Lot Size

0.05

Year Built

1925

Town/City

Philadelphia

County/Region

Philadelphia

MLS | Web ID

PAPH2325304
Features
Interior
Heating Fuel Natural Gas Electric
Flooring Tile/Brick
Hot Water Natural Gas
Total Stories 2
Heating Y/N Y
Street Suffix STREET
Central Air Y/N N
Total Restrooms 3
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General
Sewer Public Sewer
Heating Baseboard - Hot Water
Cooling Wall Unit
Possession Immediate
Roof Flat
Zoning CMX1 & CMX2
Security Features Surveillance Sys
Construction Materials Copper Plumbing Cast Iron Plumbing
Exclusions All tenants belongings
Year Built 1925
Electric 200+ Amp Service
Property SubType Mixed Use
Tax Year 2023
Percent Ownership Fee Simple
Cool Fuel Electric
Municipality PHILADELPHIA
Business Type Other
Accessibility 36 + wide Halls
County PHILADELPHIA
New Construction N
Property Type Commercial Sale
Subdivision Name WHITMAN
Possible Use Laundromat
Water Access Y/N N
Status ACTIVE
Directions Corner of 7th & Ritner Street
City PHILADELPHIA
Buyer Agent Compensation 2.5
Zoning Description Laundromat & 2 families
NumberOfUnitsTotal 3
MLS Area 19148 (19148)
Lot Size Units Square Feet
Lot Size Square Feet 2178.00
Waterfront Y/N N
Street Name RITNER
Tax Annual Amount 6115.0
Property Condition Good
Price Per Sq Ft Total 201.62
Acceptable Financing Cash Conventional
Historic Y/N N
Lease Considered Y/N N
Vacation Rental Y/N N
Days on Market 98
Standard Status Active
Year Built Source Estimated
Tax Lot 143
Buyer Agent Compensation Type % Of Gross
Association Recreation Fee N
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Exterior
Water Source Public
Inclusions Laundromat Business
Type of Parking None
Foundation Details Stone
Water View Y/N N
Building Area Total 3090.00
Lot Dimensions 30'wide X 60'deep
Lot Size Acres 0.05
Lot Size Source Estimated
Land Assessed Value 87380.00
Navigable Water Y/N N
Water Oriented Y/N N
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Internal Only
Street Number 1 700
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* Excluded Features
List By
Keller Williams Realty

Broker

paulcheng@kw.com

Email

Affordability Calculator

$4,650
Per Month
89%
11%
0%
Monthly Principal & Interest
$4,141
Monthly Property Taxes
$510
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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THE TIME TO SELL IS NOW!
Nearby
2136830 Elementary School
2137124 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
5/30/2024$623,000 -2.35% Price Down
2/24/2024$638,000 Listed Price

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700 W Ritner Street, Philadelphia, PA, 19148 is a Commercial Property for sale at $623,000 with 3,090 sqft and a lot size of 0.05. 700 W Ritner Street is a studio with 0.0 baths and was built in 1925. The property's zip code is 19148 which is in Philadelphia, PA

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