700 W Ritner St, Philadelphia, PA 19148 | For Sale

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  • 700 W Ritner St

700 W Ritner St

Philadelphia, PA, 19148

For Sale $616,000

$616,000
  • ☆☆☆☆☆★★★★★
    Not Rated
  • (0)
  • 3 Units
  • Unknown Sq Ft
  • 2,178 Sq Ft
  • Unknown Cap Rate

Description

Laundromat Business & Multi-Family Property located in the most desirable Prime South Philadelphia Location. This exceptional opportunity presents the acquisition of a thriving Laundromat business alongside two strategically located buildings(700 Ritner #871554970 CMX1 & 702 Ritner # 871554980 CMX2 )in the highly desirable South Philadelphia neighborhood.
Laundromat Business: Well-established and consistently profitable. Equipped with 18 high-quality washers and 27 dryers. Generates substantial gross annual sales exceeding $53,000. Offers immediate cash flow and a strong return on investment. Owner-occupied, providing valuable operational insights and flexibility.
Real Estate: Two separate buildings (700 Ritner #871554970 CMX1 & 702 Ritner # 871554980 CMX2) offering significant potential. Includes two income-generating apartments currently occupied with a combined monthly rental income of $1,800. Features a full basement in the Laundromat building, providing valuable storage and expansion possibilities.
Investment Highlights: Diversified income streams from both the Laundromat business and rental units.
Prime location in a densely populated and rapidly growing neighborhood. Strong potential for rental income growth and business expansion. Ideal for both owner-operators and investors seeking a stable and profitable asset.
All interested buyers must submit proof of funds to demonstrate their financial capacity to proceed with the showing and purchase. Please do not disturb employees during business hours.
This is an exceptional opportunity for a savvy investor or entrepreneur to acquire a valuable asset with significant growth potential.

  • 700 W Ritner St
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Amenities

Garage
Pool
Garden
Security System
Internet
Telephone
Heating
Fireplace
Balcony & Patio
TV / Cable
Laundry
Hardwood Floors
Spa
Air Conditioning
Solar Power
Floor Plan
Great Views
Natural Light
Quiet
Water View
Elevator
Guest Unit(s)
Furnished
220 Volt

Income

Rental Units


The income description goes here to explain

Expenses

Property Details

List Price $616,000
Property Type Flex Space
Usable Sqft Unknown
Number of Stories 2 stories
Parking Spots 0 spots
Year Built 1925
Last Sold Unknown
Sold Price Unknown
APN # 871554970
MLS # PAPH2396364
Property ID 320846834
Lot Sqft 2,178
Zoning CMX1 & CMX2
Total Units 3
Days on Market 196
Original List Price Unknown
Date Updated March 11, 2025
Date Created September 11, 2024

Financials

Financials not available online. Please inquire with your agent for more details.

Listing Provided By

Paul P Cheng an agent of . Lic #AB068536


© 2025 Copyright BRIGHT, All Rights Reserved

The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which participates, and is provided by BRIGHT through a licensing agreement.

The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Some properties which appear for sale on this website may no longer be available because they are under contract, have Closed or are no longer being offered for sale.

Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller.

This home sale information is not to be construed as an appraisal and may not be used as such for any purpose.

BRIGHT MLS is the (or a) provider of this home sale information and has compiled content from various sources. Some properties represented may not have actually sold due to reporting errors.

Information Deemed Reliable But Not Guaranteed



Data last updated: March 26, 2025.

Mortgage Center

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Compare rates
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Show Advance Options
CanvasJS.com
Your payment
$4,474
per month
CanvasJS.com
Estimated payment $4,474 /mo
Loan amount $616,000
Down payment $0
Interest rate 7.5%
Loan term 30 years
Taxes & insurance included? YES
Property tax 1.2%/YR
Homeowner's insurance $67/mo
HOA dues $0/mo

Payment Breakdown

CanvasJS.com
Your payment
$4,474
per month

Amortization

CanvasJS.com

Principal vs. interest

CanvasJS.com

Amortization Schedule

Over 360 months you will spend $934,737 in interest.
MONTH PRINCIPAL & INTEREST PRINCIPAL INTEREST PRINCIPAL REMAINING
1 $4,307 $457 $3,850 $615,543
2 $4,307 $460 $3,847 $615,083
3 $4,307 $463 $3,844 $614,620
4 $4,307 $466 $3,841 $614,155
5 $4,307 $469 $3,838 $613,686
6 $4,307 $471 $3,836 $613,215
7 $4,307 $474 $3,833 $612,740
8 $4,307 $477 $3,830 $612,263
9 $4,307 $480 $3,827 $611,783
10 $4,307 $483 $3,824 $611,299
11 $4,307 $486 $3,821 $610,813
12 $4,307 $489 $3,818 $610,324
13 $4,307 $492 $3,815 $609,831
14 $4,307 $496 $3,811 $609,335
15 $4,307 $499 $3,808 $608,837
16 $4,307 $502 $3,805 $608,335
17 $4,307 $505 $3,802 $607,830
18 $4,307 $508 $3,799 $607,322
19 $4,307 $511 $3,796 $606,811
20 $4,307 $514 $3,793 $606,296
21 $4,307 $518 $3,789 $605,779
22 $4,307 $521 $3,786 $605,258
23 $4,307 $524 $3,783 $604,734
24 $4,307 $527 $3,780 $604,206
25 $4,307 $531 $3,776 $603,676
26 $4,307 $534 $3,773 $603,142
27 $4,307 $537 $3,770 $602,604
28 $4,307 $541 $3,766 $602,063
29 $4,307 $544 $3,763 $601,519
30 $4,307 $548 $3,760 $600,972
31 $4,307 $551 $3,756 $600,421
32 $4,307 $554 $3,753 $599,867
33 $4,307 $558 $3,749 $599,309
34 $4,307 $561 $3,746 $598,747
35 $4,307 $565 $3,742 $598,183
36 $4,307 $568 $3,739 $597,614
37 $4,307 $572 $3,735 $597,042
38 $4,307 $575 $3,732 $596,467
39 $4,307 $579 $3,728 $595,888
40 $4,307 $583 $3,724 $595,305
41 $4,307 $586 $3,721 $594,719
42 $4,307 $590 $3,717 $594,129
43 $4,307 $594 $3,713 $593,535
44 $4,307 $597 $3,710 $592,938
45 $4,307 $601 $3,706 $592,336
46 $4,307 $605 $3,702 $591,732
47 $4,307 $609 $3,698 $591,123
48 $4,307 $612 $3,695 $590,510
49 $4,307 $616 $3,691 $589,894
50 $4,307 $620 $3,687 $589,274
51 $4,307 $624 $3,683 $588,650
52 $4,307 $628 $3,679 $588,022
53 $4,307 $632 $3,675 $587,390
54 $4,307 $636 $3,671 $586,754
55 $4,307 $640 $3,667 $586,115
56 $4,307 $644 $3,663 $585,471
57 $4,307 $648 $3,659 $584,823
58 $4,307 $652 $3,655 $584,171
59 $4,307 $656 $3,651 $583,515
60 $4,307 $660 $3,647 $582,855
61 $4,307 $664 $3,643 $582,191
62 $4,307 $668 $3,639 $581,523
63 $4,307 $672 $3,635 $580,850
64 $4,307 $677 $3,630 $580,173
65 $4,307 $681 $3,626 $579,493
66 $4,307 $685 $3,622 $578,807
67 $4,307 $689 $3,618 $578,118
68 $4,307 $694 $3,613 $577,424
69 $4,307 $698 $3,609 $576,726
70 $4,307 $702 $3,605 $576,024
71 $4,307 $707 $3,600 $575,317
72 $4,307 $711 $3,596 $574,605
73 $4,307 $716 $3,591 $573,890
74 $4,307 $720 $3,587 $573,170
75 $4,307 $725 $3,582 $572,445
76 $4,307 $729 $3,578 $571,716
77 $4,307 $734 $3,573 $570,982
78 $4,307 $738 $3,569 $570,244
79 $4,307 $743 $3,564 $569,501
80 $4,307 $748 $3,559 $568,753
81 $4,307 $752 $3,555 $568,001
82 $4,307 $757 $3,550 $567,244
83 $4,307 $762 $3,545 $566,482
84 $4,307 $766 $3,541 $565,715
85 $4,307 $771 $3,536 $564,944
86 $4,307 $776 $3,531 $564,168
87 $4,307 $781 $3,526 $563,387
88 $4,307 $786 $3,521 $562,601
89 $4,307 $791 $3,516 $561,811
90 $4,307 $796 $3,511 $561,015
91 $4,307 $801 $3,506 $560,214
92 $4,307 $806 $3,501 $559,409
93 $4,307 $811 $3,496 $558,598
94 $4,307 $816 $3,491 $557,782
95 $4,307 $821 $3,486 $556,961
96 $4,307 $826 $3,481 $556,135
97 $4,307 $831 $3,476 $555,304
98 $4,307 $836 $3,471 $554,468
99 $4,307 $842 $3,465 $553,626
100 $4,307 $847 $3,460 $552,779
101 $4,307 $852 $3,455 $551,927
102 $4,307 $857 $3,450 $551,070
103 $4,307 $863 $3,444 $550,207
104 $4,307 $868 $3,439 $549,339
105 $4,307 $874 $3,433 $548,465
106 $4,307 $879 $3,428 $547,586
107 $4,307 $885 $3,422 $546,701
108 $4,307 $890 $3,417 $545,811
109 $4,307 $896 $3,411 $544,916
110 $4,307 $901 $3,406 $544,014
111 $4,307 $907 $3,400 $543,107
112 $4,307 $913 $3,394 $542,195
113 $4,307 $918 $3,389 $541,276
114 $4,307 $924 $3,383 $540,352
115 $4,307 $930 $3,377 $539,423
116 $4,307 $936 $3,371 $538,487
117 $4,307 $941 $3,366 $537,546
118 $4,307 $947 $3,360 $536,598
119 $4,307 $953 $3,354 $535,645
120 $4,307 $959 $3,348 $534,686
121 $4,307 $965 $3,342 $533,721
122 $4,307 $971 $3,336 $532,749
123 $4,307 $977 $3,330 $531,772
124 $4,307 $983 $3,324 $530,789
125 $4,307 $990 $3,317 $529,799
126 $4,307 $996 $3,311 $528,803
127 $4,307 $1,002 $3,305 $527,801
128 $4,307 $1,008 $3,299 $526,793
129 $4,307 $1,015 $3,292 $525,778
130 $4,307 $1,021 $3,286 $524,758
131 $4,307 $1,027 $3,280 $523,730
132 $4,307 $1,034 $3,273 $522,697
133 $4,307 $1,040 $3,267 $521,656
134 $4,307 $1,047 $3,260 $520,610
135 $4,307 $1,053 $3,254 $519,557
136 $4,307 $1,060 $3,247 $518,497
137 $4,307 $1,066 $3,241 $517,430
138 $4,307 $1,073 $3,234 $516,357
139 $4,307 $1,080 $3,227 $515,278
140 $4,307 $1,087 $3,220 $514,191
141 $4,307 $1,093 $3,214 $513,098
142 $4,307 $1,100 $3,207 $511,998
143 $4,307 $1,107 $3,200 $510,891
144 $4,307 $1,114 $3,193 $509,777
145 $4,307 $1,121 $3,186 $508,656
146 $4,307 $1,128 $3,179 $507,528
147 $4,307 $1,135 $3,172 $506,393
148 $4,307 $1,142 $3,165 $505,251
149 $4,307 $1,149 $3,158 $504,102
150 $4,307 $1,156 $3,151 $502,945
151 $4,307 $1,164 $3,143 $501,782
152 $4,307 $1,171 $3,136 $500,611
153 $4,307 $1,178 $3,129 $499,433
154 $4,307 $1,186 $3,121 $498,247
155 $4,307 $1,193 $3,114 $497,054
156 $4,307 $1,200 $3,107 $495,854
157 $4,307 $1,208 $3,099 $494,646
158 $4,307 $1,215 $3,092 $493,431
159 $4,307 $1,223 $3,084 $492,207
160 $4,307 $1,231 $3,076 $490,977
161 $4,307 $1,238 $3,069 $489,738
162 $4,307 $1,246 $3,061 $488,492
163 $4,307 $1,254 $3,053 $487,238
164 $4,307 $1,262 $3,045 $485,977
165 $4,307 $1,270 $3,037 $484,707
166 $4,307 $1,278 $3,029 $483,429
167 $4,307 $1,286 $3,021 $482,144
168 $4,307 $1,294 $3,013 $480,850
169 $4,307 $1,302 $3,005 $479,548
170 $4,307 $1,310 $2,997 $478,239
171 $4,307 $1,318 $2,989 $476,921
172 $4,307 $1,326 $2,981 $475,594
173 $4,307 $1,335 $2,972 $474,260
174 $4,307 $1,343 $2,964 $472,917
175 $4,307 $1,351 $2,956 $471,566
176 $4,307 $1,360 $2,947 $470,206
177 $4,307 $1,368 $2,939 $468,838
178 $4,307 $1,377 $2,930 $467,461
179 $4,307 $1,385 $2,922 $466,076
180 $4,307 $1,394 $2,913 $464,682
181 $4,307 $1,403 $2,904 $463,279
182 $4,307 $1,412 $2,895 $461,867
183 $4,307 $1,420 $2,887 $460,447
184 $4,307 $1,429 $2,878 $459,018
185 $4,307 $1,438 $2,869 $457,580
186 $4,307 $1,447 $2,860 $456,133
187 $4,307 $1,456 $2,851 $454,676
188 $4,307 $1,465 $2,842 $453,211
189 $4,307 $1,474 $2,833 $451,737
190 $4,307 $1,484 $2,823 $450,253
191 $4,307 $1,493 $2,814 $448,760
192 $4,307 $1,502 $2,805 $447,258
193 $4,307 $1,512 $2,795 $445,746
194 $4,307 $1,521 $2,786 $444,225
195 $4,307 $1,531 $2,776 $442,695
196 $4,307 $1,540 $2,767 $441,154
197 $4,307 $1,550 $2,757 $439,605
198 $4,307 $1,559 $2,748 $438,045
199 $4,307 $1,569 $2,738 $436,476
200 $4,307 $1,579 $2,728 $434,897
201 $4,307 $1,589 $2,718 $433,308
202 $4,307 $1,599 $2,708 $431,709
203 $4,307 $1,609 $2,698 $430,100
204 $4,307 $1,619 $2,688 $428,481
205 $4,307 $1,629 $2,678 $426,852
206 $4,307 $1,639 $2,668 $425,213
207 $4,307 $1,649 $2,658 $423,564
208 $4,307 $1,660 $2,647 $421,904
209 $4,307 $1,670 $2,637 $420,234
210 $4,307 $1,681 $2,626 $418,554
211 $4,307 $1,691 $2,616 $416,862
212 $4,307 $1,702 $2,605 $415,161
213 $4,307 $1,712 $2,595 $413,449
214 $4,307 $1,723 $2,584 $411,726
215 $4,307 $1,734 $2,573 $409,992
216 $4,307 $1,745 $2,562 $408,247
217 $4,307 $1,755 $2,552 $406,492
218 $4,307 $1,766 $2,541 $404,726
219 $4,307 $1,777 $2,530 $402,948
220 $4,307 $1,789 $2,518 $401,159
221 $4,307 $1,800 $2,507 $399,360
222 $4,307 $1,811 $2,496 $397,549
223 $4,307 $1,822 $2,485 $395,726
224 $4,307 $1,834 $2,473 $393,893
225 $4,307 $1,845 $2,462 $392,048
226 $4,307 $1,857 $2,450 $390,191
227 $4,307 $1,868 $2,439 $388,323
228 $4,307 $1,880 $2,427 $386,443
229 $4,307 $1,892 $2,415 $384,551
230 $4,307 $1,904 $2,403 $382,647
231 $4,307 $1,915 $2,392 $380,732
232 $4,307 $1,927 $2,380 $378,804
233 $4,307 $1,939 $2,368 $376,865
234 $4,307 $1,952 $2,355 $374,913
235 $4,307 $1,964 $2,343 $372,950
236 $4,307 $1,976 $2,331 $370,973
237 $4,307 $1,988 $2,319 $368,985
238 $4,307 $2,001 $2,306 $366,984
239 $4,307 $2,013 $2,294 $364,971
240 $4,307 $2,026 $2,281 $362,945
241 $4,307 $2,039 $2,268 $360,906
242 $4,307 $2,051 $2,256 $358,855
243 $4,307 $2,064 $2,243 $356,791
244 $4,307 $2,077 $2,230 $354,714
245 $4,307 $2,090 $2,217 $352,624
246 $4,307 $2,103 $2,204 $350,521
247 $4,307 $2,116 $2,191 $348,404
248 $4,307 $2,129 $2,178 $346,275
249 $4,307 $2,143 $2,164 $344,132
250 $4,307 $2,156 $2,151 $341,976
251 $4,307 $2,170 $2,137 $339,806
252 $4,307 $2,183 $2,124 $337,623
253 $4,307 $2,197 $2,110 $335,426
254 $4,307 $2,211 $2,096 $333,216
255 $4,307 $2,224 $2,083 $330,991
256 $4,307 $2,238 $2,069 $328,753
257 $4,307 $2,252 $2,055 $326,501
258 $4,307 $2,266 $2,041 $324,234
259 $4,307 $2,281 $2,026 $321,954
260 $4,307 $2,295 $2,012 $319,659
261 $4,307 $2,309 $1,998 $317,350
262 $4,307 $2,324 $1,983 $315,026
263 $4,307 $2,338 $1,969 $312,688
264 $4,307 $2,353 $1,954 $310,335
265 $4,307 $2,367 $1,940 $307,968
266 $4,307 $2,382 $1,925 $305,586
267 $4,307 $2,397 $1,910 $303,189
268 $4,307 $2,412 $1,895 $300,777
269 $4,307 $2,427 $1,880 $298,350
270 $4,307 $2,442 $1,865 $295,907
271 $4,307 $2,458 $1,849 $293,450
272 $4,307 $2,473 $1,834 $290,977
273 $4,307 $2,488 $1,819 $288,488
274 $4,307 $2,504 $1,803 $285,984
275 $4,307 $2,520 $1,787 $283,465
276 $4,307 $2,535 $1,772 $280,929
277 $4,307 $2,551 $1,756 $278,378
278 $4,307 $2,567 $1,740 $275,811
279 $4,307 $2,583 $1,724 $273,228
280 $4,307 $2,599 $1,708 $270,629
281 $4,307 $2,616 $1,691 $268,013
282 $4,307 $2,632 $1,675 $265,381
283 $4,307 $2,648 $1,659 $262,733
284 $4,307 $2,665 $1,642 $260,068
285 $4,307 $2,682 $1,625 $257,386
286 $4,307 $2,698 $1,609 $254,688
287 $4,307 $2,715 $1,592 $251,973
288 $4,307 $2,732 $1,575 $249,241
289 $4,307 $2,749 $1,558 $246,491
290 $4,307 $2,766 $1,541 $243,725
291 $4,307 $2,784 $1,523 $240,941
292 $4,307 $2,801 $1,506 $238,140
293 $4,307 $2,819 $1,488 $235,321
294 $4,307 $2,836 $1,471 $232,485
295 $4,307 $2,854 $1,453 $229,631
296 $4,307 $2,872 $1,435 $226,759
297 $4,307 $2,890 $1,417 $223,870
298 $4,307 $2,908 $1,399 $220,962
299 $4,307 $2,926 $1,381 $218,036
300 $4,307 $2,944 $1,363 $215,092
301 $4,307 $2,963 $1,344 $212,129
302 $4,307 $2,981 $1,326 $209,148
303 $4,307 $3,000 $1,307 $206,148
304 $4,307 $3,019 $1,288 $203,129
305 $4,307 $3,037 $1,270 $200,092
306 $4,307 $3,056 $1,251 $197,035
307 $4,307 $3,076 $1,231 $193,960
308 $4,307 $3,095 $1,212 $190,865
309 $4,307 $3,114 $1,193 $187,751
310 $4,307 $3,134 $1,173 $184,617
311 $4,307 $3,153 $1,154 $181,464
312 $4,307 $3,173 $1,134 $178,291
313 $4,307 $3,193 $1,114 $175,099
314 $4,307 $3,213 $1,094 $171,886
315 $4,307 $3,233 $1,074 $168,653
316 $4,307 $3,253 $1,054 $165,400
317 $4,307 $3,273 $1,034 $162,127
318 $4,307 $3,294 $1,013 $158,834
319 $4,307 $3,314 $993 $155,519
320 $4,307 $3,335 $972 $152,184
321 $4,307 $3,356 $951 $148,828
322 $4,307 $3,377 $930 $145,452
323 $4,307 $3,398 $909 $142,054
324 $4,307 $3,419 $888 $138,634
325 $4,307 $3,441 $866 $135,194
326 $4,307 $3,462 $845 $131,732
327 $4,307 $3,484 $823 $128,248
328 $4,307 $3,505 $802 $124,743
329 $4,307 $3,527 $780 $121,215
330 $4,307 $3,549 $758 $117,666
331 $4,307 $3,572 $735 $114,094
332 $4,307 $3,594 $713 $110,501
333 $4,307 $3,616 $691 $106,884
334 $4,307 $3,639 $668 $103,245
335 $4,307 $3,662 $645 $99,583
336 $4,307 $3,685 $622 $95,899
337 $4,307 $3,708 $599 $92,191
338 $4,307 $3,731 $576 $88,460
339 $4,307 $3,754 $553 $84,706
340 $4,307 $3,778 $529 $80,929
341 $4,307 $3,801 $506 $77,128
342 $4,307 $3,825 $482 $73,303
343 $4,307 $3,849 $458 $69,454
344 $4,307 $3,873 $434 $65,581
345 $4,307 $3,897 $410 $61,684
346 $4,307 $3,921 $386 $57,762
347 $4,307 $3,946 $361 $53,816
348 $4,307 $3,971 $336 $49,846
349 $4,307 $3,995 $312 $45,850
350 $4,307 $4,020 $287 $41,830
351 $4,307 $4,046 $261 $37,784
352 $4,307 $4,071 $236 $33,713
353 $4,307 $4,096 $211 $29,617
354 $4,307 $4,122 $185 $25,495
355 $4,307 $4,148 $159 $21,347
356 $4,307 $4,174 $133 $17,174
357 $4,307 $4,200 $107 $12,974
358 $4,307 $4,226 $81 $8,748
359 $4,307 $4,252 $55 $4,496
360 $4,307 $4,279 $28 $0


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  • BETTER SALES PRO
  • (310) 363-0452

  • 2708 Wilshire Blvd #197

    Santa Monica, CA 90403

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BETTER SALES PRO Inc.
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