2214 W Ontario Street Philadelphia, PA 19140
- Ask for the offering memorandum -Incredible Investment Opportunity in a Thriving Locale! -Projected Gross Rent: $1, 063, 200.00 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 (Value: $1.1M) -Comprehensive Documentation: Plans, Permits, Reports, and Surveys Included -Builder Ready to Provide Competitive Bids 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. Furthermore, the completed foundation and facade, along with comprehensive documentation and a prepared builder, streamline the acquisition process for potential buyers. 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.
- Property TypeMulti-Family
- NeighborhoodN/A
- CountyPhiladelphia
- Taxes$0
- HOA/Condo/Coop Fees$0
- Days on Site16 Days
- MLS StatusActive
- MLS ID NumberPAPH2359678
- Home Size Source Estimated
- Year Built1920
- Lot Size0.9 Acres
- Full BathsN/A
- Partial BathsN/A
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General Features
- Parking PrivatePaved ParkingParking Lot
- Acreage 0.9
- Water Public
- Cross Street 22nd St
- Property Sub Type Multi Family
- Attached Garage No
- Zoning I2
Interior Features
- Cooling Central A/ CElectric
- Heating CentralElectric
Exterior Features
- Spa No
- Waterfront Property No
Community Features
- MLS Area 19140 (19140)