5425 RIDGEWOOD ST Active Save Request In-Person Tour Request Virtual Tour
Philadelphia,PA 19143
Key Details
Property Type Multi-Family, Townhouse
Sub Type Interior Row/Townhouse
Listing Status Active
Purchase Type For Sale
Square Footage 1,200 sqft
Price per Sqft $199
MLS Listing ID PAPH2452962
Style Straight Thru
Abv Grd Liv Area 1,200
Originating Board BRIGHT
Year Built 1925
Annual Tax Amount $1,420
Tax Year 2024
Lot Size 1,000 Sqft
Acres 0.02
Lot Dimensions 16.00 x 64.00
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
Rooms
Basement Full,Unfinished
Interior
Hot Water Electric
Heating Forced Air
Cooling Central A/C
Equipment Oven - Single,Oven/Range - Electric,Stainless Steel Appliances
Fireplace N
Appliance Oven - Single,Oven/Range - Electric,Stainless Steel Appliances
Heat Source Electric
Exterior
Exterior Feature Porch(es)
Water Access N
Accessibility None
Porch Porch(es)
Garage N
Building
Foundation Brick/Mortar
Sewer Public Sewer
Water Public
Architectural Style Straight Thru
Additional Building Above Grade,Below Grade
New Construction N
Schools
Elementary Schools Harrington Avery
Middle Schools Sayre Wm
School District The School District Of Philadelphia
Others
Tax ID 513241500
Ownership Fee Simple
SqFt Source Assessor
Special Listing Condition Standard
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