1,140 SqFt
1,140 SqFt
Key Details
Property Type Multi-Family, Townhouse
Sub Type Interior Row/Townhouse
Listing Status Active
Purchase Type For Sale
Square Footage 1,140 sqft
Price per Sqft $121
Subdivision Haddington
MLS Listing ID PAPH2605116
Style Other
Abv Grd Liv Area 1,140
Year Built 1920
Annual Tax Amount $1,041
Tax Year 2025
Lot Size 765 Sqft
Acres 0.02
Lot Dimensions 15.00 x 51.00
Property Sub-Type Interior Row/Townhouse
Source BRIGHT
Property Description
Looking for an investment property in West Philadelphia with income potential and flexibility? **245 N Ruby Street** deserves a closer look! This two-unit property, updated in 2020, offers an opportunity to generate rental income, live in one unit while renting the other, or expand your real estate portfolio.
Both units are VACANT giving the next owner the flexibility to put their plans into action without existing tenants.
The property features two separate living units:
- Unit 1: 1 bedroom, 1 bathroom
- Unit 2: 2 bedrooms, 1 bathroom
Based on current market estimates, Unit 1 could potentially rent for $950–$100 per month, while Unit 2 could bring in $1,200–$1,450 per month. That's a combined potential rental income of approximately $2,150–$2,550 per month**, subject to market conditions.
IMPORTANT ZONING INFORMATION: The property is zoned RSA-5, with historical L&I records and prior two-unit rental licensing supporting an established/grandfathered two-family use. Buyers are responsible for independently verifying permitted use, zoning status, and rental licensing with the City of Philadelphia.
Eligible buyers may also qualify for down payment assistance programs, subject to program requirements and lender approval.
THIS PROPERTY IS A SHORT SALE AND IS PRICED TO SELL! Sale is subject to applicable short-sale approval requirements. Buyer is responsible for all transfer taxes.
Two vacant units, flexible ownership options, and rental income potential make this a property worth exploring.
**Schedule your private showing today and see the possibilities at 245 N Ruby Street!**
Location
State PA
County Philadelphia
Area 19139 (19139)
Zoning RSA5
Interior
Hot Water Natural Gas
Heating Baseboard - Electric
Cooling None
Fireplace N
Heat Source Natural Gas
Exterior
Water Access N
Accessibility None
Garage N
Private Pool No
Building
Foundation Brick/Mortar
Above Ground Finished SqFt 1140
Sewer Public Sewer
Water Public
Architectural Style Other
Additional Building Above Grade, Below Grade
New Construction N
Schools
School District The School District Of Philadelphia
Others
Tax ID 441198300
Ownership Fee Simple
SqFt Source 1140
Acceptable Financing Cash, Conventional, FHA, VA
Listing Terms Cash, Conventional, FHA, VA
Financing Cash,Conventional,FHA,VA
Special Listing Condition Short Sale
Nearby Locations
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