5425 Ridgewood Street, Philadelphia, PA 19143-4140 $239,000

# of Units: 2
Interior Sq. Ft: 1,200
Acreage: 0.02
Age:100 years
Taxes: $1,420
MLS#: PAPH2452962
Design/Type:
Interior Row/Townhouse

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 $850 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 $875 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.

Taxes: $1,420
Home Assoc: No
Condo Assoc: No
Garage: N
Basement: Y
Pool: No Pool
School Dist: The School District Of Philadelphia
Elem. School: Harrington Avery Mid. School: Sayre Wm

Features

Utilities
Forced Air Heating, Electric, Central A/C, Electric, Hot Water - Electric, Public Water, Public Sewer

Garage/Parking
On Street

Interior
Full Basement, Unfinished Basement

Exterior
Brick/Mortar Foundation, Vinyl Siding, Porch(es)

Contact Information

Listing Courtesy of: Redfin Corporation , (215) 631-3154, peter.phinney@redfin.com

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Listing data as of 3/13/2025.