5425 RIDGEWOOD ST Under Contract Save Request In-Person Tour Request Virtual Tour
Philadelphia,PA 19143
Key Details
Property Type Townhouse
Sub Type Interior Row/Townhouse
Listing Status Under Contract
Purchase Type For Sale
Square Footage 1,200 sqft
Price per Sqft $199
MLS Listing ID PAPH2452962
Style Straight Thru
Year Built 1925
Annual Tax Amount $1,420
Tax Year 2024
Lot Size 1,000 Sqft
Property Sub-Type Interior Row/Townhouse
Property Description
This fully rehabbed duplex, renovated in 2018, presents a great investment opportunity for those looking to generate rental income. The property consists of two units, each offering a unique appeal. Unit 1, located on the first floor, is a cozy 1-bedroom, 1-bathroom space that is currently occupied for $890 a month, providing immediate rental income. This unit features modern updates including vinyl plank flooring throughout, stainless steel appliances in the updated kitchen, and an tiled tub/shower combo in the updated bathroom. Unit 2, located on the second floor, is a spacious 2-bedroom, 1-bathroom unit that is currently vacant and move-in ready being marketed for $1,000 a month. This unit also features modern updates throughout, including vinyl plank flooring, an updated kitchen with beautiful cabinets, a tiled backsplash, stone countertops, and a stainless steel range. The bathroom is fully updated with a tiled floor and tub/shower combo. Additionally, Unit 2 benefits from its own new HVAC system and hot water heater, ensuring comfort and efficiency. The property also offers a full, unfinished basement, ideal for storage, and it has laundry hook-ups in place, providing the option to add-in laundry option for additional convenience for tenants. Whether you're looking to rent out both units or occupy one while generating rental income, this duplex offers a fantastic opportunity for steady cash flow with minimal effort.
Location
State PA
County Philadelphia
Area 19143 (19143)
Zoning RESIDENTIAL
Interior
Hot Water Electric
Heating Forced Air
Cooling Central A/C
Equipment Oven - Single,Oven/Range - Electric,Stainless Steel Appliances
Exterior
Exterior Feature Porch(es)
Water Access N
Building
Foundation Brick/Mortar
Sewer Public Sewer
Water Public
New Construction N
Schools
Elementary Schools Harrington Avery
Middle Schools Sayre Wm
School District The School District Of Philadelphia
Others
Special Listing Condition Standard
Virtual Tour https://my.matterport.com/show/?m=PzNgjPrKuuD&brand=0