BEDS0
BATHS
MLS#PAPH2359678
STATUSACTIVE
PROPERTY TYPECommercial -
SCHOOLTHE SCHOOL DISTRICT OF PHILADELPHIA
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.
Property Features
Property Type: Commercial -
Cooling: Central A/C
Fuel Type: Electric
Heating: Central
Lot Size: 0.90 Acres
Taxes: $0
Year Built: 1920
Feature Descriptions
Accessibility: 2+ Access Exits,32"+ wide Doors,48"+ Halls
Exterior: Masonry
Location: Urban
Lot Dimensions: 0.90 Acre(S)
Municipality: PHILADELPHIA
Parking Notes: Private, Paved Parking
Sewer: Public Hook/Up Avail
Total Garage/Parking Spaces: 40
Units: 64
Water: Public
Local Schools
School District: THE SCHOOL DISTRICT OF PHILADELPHIA
Listed By / Shown By
Listed By
Agency Name: KW Empower
Agency Phone: 2156273500
Shown By
Agent Name: Jayne Mutter
Agent Phone: Cell: (610) 316-0532
Agency Title: Berkshire Hathaway HomeServices Homesale Realty
First American
Corporate Office - 215 S Centerville Rd. Lancaster, PA 17603
2214 W Ontario Street | MLS# PAPH2359678
This commercial property located at 2214 W Ontario Street, Philadelphia, PA 19140 is currently listed for sale with an asking price of $2,800,000. W Ontario Street is located within the THE SCHOOL DISTRICT OF PHILADELPHIA school district. Search Philadelphia real estate on jaynemutter.homesale.com today.