6-Unit Apartment
For Sale
Contact for pricing
Pending
1416 W Ritner St, Philadelphia, PA 19145
RSA5-zoned Philadelphia apartment property with separately metered gas and electric service and active rental licenses.
Property Size2,400 SF
Lot Size0.02 Acres
Days on Market146
Property Features for 1416 W Ritner St
General Information
Standard status
Pending
Size
2,400 SF
Lot size
0.02 Acres
Property subtype
Multifamily
Zoning
RSA5
Net Operating Income
$38,198
Units
Unit Mix
3 x studio, 3 x 1BR
Multifamily Units
6
Additional Details
Gross Income
$48,000
Building Details
Buildings
1
Listing Agency:
LPT Realty, LLC
Listed By:
Maria Elena Quattrone · License #RB069792
(215) 607-3523
Source:
Crexi
Added: Apr 11
Changed: Sep 1
Last Checked: Sep 2 at 5:49PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of LPT Realty, LLC
Investment Insights
Based on property information with market context.
This Philadelphia apartment property contains six units arranged as three studio apartments and three one-bedroom apartments. The building measures 2,400 square feet and includes a unit identified as shell space. Gas and electric service are separately metered, supporting distinct utility accounting across the property. The site measures 16 X 60 and carries RSA5 zoning.
The property is located at 1416 W Ritner St in Philadelphia, PA 19145. Six valid and active rental licenses are in place, and the building has long-term tenants. The existing configuration combines multiple residential unit types with established rental occupancy and documented licensing.
The property is located at 1416 W Ritner St in Philadelphia, PA 19145. Six valid and active rental licenses are in place, and the building has long-term tenants. The existing configuration combines multiple residential unit types with established rental occupancy and documented licensing.
Key Highlights
- Six‑unit apartment building with 3 Studio Units and 3 (1) Bedroom Units
- 2,400 SQ FT building
- 16 X 60 lot size dimension
Property Analytics
Property Profile
Current Use
Lease Details
6
Residential units
Location Intelligence
Trade Area within ½ mile
3,419
Businesses Nearby
Explore this area
Business Placement
Demographics for 19145, PA
47,079
Population
21,295
Households
2.2
Avg Household Size
38
Median Age
36%
College-Educated
89%
High-School Grad
4.8 sq mi
ZIP Area
9,808
Density / Sq Mi
$70,374
Median Household Income
$45,940
Median Earnings
$1,343
Median Rent
$290,100
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - RSA5-zoned Philadelphia apartment property with separately metered gas and electric service and active rental licenses.
Where is this apartment building located?
The property is located at 1416 W Ritner St Philadelphia, PA.
What are key features of this property?
This property features: Six‑unit apartment building with 3 Studio Units and 3 (1) Bedroom Units; 2,400 SQ FT building; 16 X 60 lot size dimension
