Property
Philadelphia, PA 19148 700 W Ritner Street
$623,000
6 more
Presented By: Keller Williams Realty
SQFT • 3,090
Home Details
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. There are 18 washers and 27 Dryers. The Current Gross sales are $53,000. Starting making money after closing. Do not disturb the employees.
Presented By: Keller Williams Realty
Interior Features for 700 W Ritner Street
Bathrooms
Total Restrooms3
Other Interior Features
Central Air Y/NNo
FlooringTile/Brick
Heating FuelNatural Gas, Electric
Heating Y/NYes
Hot WaterNatural Gas
Total Stories2
General for 700 W Ritner Street
Acceptable FinancingCash, Conventional
Accessibility36 + wide Halls
Association Recreation FeeN
Business TypeApartment Building
CityPHILADELPHIA
Construction MaterialsCopper Plumbing, Cast Iron Plumbing
Cool FuelElectric
CoolingWall Unit
CountyPHILADELPHIA
Days on Market2
DirectionsCorner of 7th & Ritner Street
Electric200+ Amp Service
ExclusionsAll tenants belongings
HeatingBaseboard - Hot Water
Historic Y/NNo
Lease Considered Y/NNo
Lot Size Square Feet2178.00
Lot Size UnitsSquare Feet
MLS Area19148 (19148)
ModificationTimestamp2024-09-12T22:23:33
MunicipalityPHILADELPHIA
New ConstructionNo
NumberOfUnitsTotal3
Percent OwnershipFee Simple
PossessionImmediate
Possible UseLaundromat
Price Per Sq Ft Total AG201.62
Property ConditionGood
Property SubTypeMixed Use
Property TypeCommercial Sale
Property UseOwner User
RoofFlat
Security FeaturesSurveillance Sys
SewerPublic Sewer
Standard StatusActive
StatusACTIVE
Subdivision NameWHITMAN
Tax Annual Amount6115.0
Tax Assessed Value349520.0
Tax Lot143
Tax Year2023
Vacation Rental Y/NNo
Water Access Y/NNo
Waterfront Y/NNo
Year Built1925
Year Built SourceEstimated
ZoningCMX1 & CMX2
Zoning DescriptionLaundromat & 2 families
Exterior for 700 W Ritner Street
Building Area Total3090.00
Foundation DetailsStone
InclusionsLaundromat Business
Land Assessed Value87380.00
Land Use CodeS30
Lot Dimensions30'wide X 60'deep
Lot Size Acres0.05
Lot Size SourceEstimated
LotDimensionsSourceEstimated
Navigable Water Y/NNo
Total Loading Docks0
Total Parking Spaces0
Type of ParkingNone
Water Oriented Y/NNo
Water SourcePublic
Water View Y/NNo
Additional Details
Price History
Chris Correira
Loan Officer