2214 W Ontario St,PHILADELPHIA, PA 19140
PHILADELPHIA, PA 19140
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.
Details
| MLS # | PAPH2359678 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active-bright |
| Year | 1920 |
| Days On Site | 410 |
| Listing Provided By | KW Empower | Richard K Cassell |
Features
| Units | 64 |
|---|---|
| Zoning | I2 |
| Acreage | 0.90 |
Interior
| Cooling | Central A/C |
|---|---|
| Heating Yes / No | Yes |
| Heating | Central |
Exterior
| Construction Materials | Masonry |
|---|
Parking
| Garage Yes / No | No |
|---|---|
| Parking Features | Private, Paved Parking |
Utilities
| Sewer | Public Hook/Up Avail |
|---|
Taxes
| Tax Year | 2022 |
|---|---|
| Tax Annual Amount | 0 |
| Tax Lot | 232 |
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Learn More About This Property
| State | PA |
|---|---|
| County | PHILADELPHIA PA |
| City | PHILADELPHIA |
| Zip Code | 19140 |
| Area | 19140 (19140) |
| School District | THE SCHOOL DISTRICT OF PHILADELP |
