2214 W ONTARIO ST, Philadelphia, PA 19140

Multi-Family Home
Built in 1920
0.9acre lot
—— car garage
$——/sqft
Listed 1 year ago

Property Description

Jump into your next development project which is truly shovel ready! -Incredible Investment Opportunity in a Thriving Locale! -Projected Gross Rent: $1,012,200 annually -64-unit property consisting of 1 & 2-bedroom apartments -Average 1 bed 575 sf and average 2 bed 1100 sf -40 Parking Spaces with No Low-Income Housing Requirement -Adaptive Reuse Project with Completed Foundation & Facade -Comprehensive Documentation: Plans, Permits, Reports, and Surveys Included This property presents an exceptional investment prospect in a rapidly developing area. With a substantial projected rental income and a high cap rate, investors can expect significant returns. Don't miss out on this lucrative opportunity to capitalize on the growth potential of this dynamic market! This building would make an excellent addition to your portfolio. Contact us today to learn more about this exciting investment opportunity.

Listing Status:: Active
Listing Office:: KW Empower : 2156273500
Listing Agent:: Richard K Cassell : 2678132985
MLS ID:: PAPH2359678

A/C: Central A/C
Heating: CentralElectric
Disability Feature: 2+ Access Exits32"+ wide Doors48"+ Halls

This listing courtesy of Richard K Cassell, KW Empower

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

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Location

Schools Nearby

Kenderton School

, Philadelphia, PA, 19140

Grades KG-8

0.40 miles away

Kenderton School

, Philadelphia, PA, 19140

Grades KG-8

0.40 miles away

Randolph A. Philip Avt High School

3101 Henry Ave, Philadelphia, PA, 19129

Grades 9-12

0.73 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.