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2214 W ONTARIO STREET, PHILADELPHIA, PA 19140
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$2,100,000
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Home Details for 2214 W ONTARIO STREET
Price
$2,100,000
Type
Commercial/Industrial
Year Build
1920
Lot Size
0.9
County
PHILADELPHIA
MLS®️ Listing#
PAPH2359678
On exitrealty.com
307 days
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.
- Parking
- Private
- Paved
- Parking Lot
- Cooling Information
- Central Air
- Electric
- Heating Information
- Electric
- Central
- Water Features
- Public
Listing Courtesy: KW Empower - 215-627-3500
The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which EXIT Realty participates, and is provided by BRIGHT through a licensing agreement. The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have closed or are no longer being offered for sale. Information Deemed Reliable But Not Guaranteed. Copyright ©2025 Bright MLS. All rights reserved.
Last Updated: 2025-09-05 05:57:41
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EXIT ELEVATE REALTY
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$2,100,000
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EXIT ELEVATE REALTY
1450 Grays Ferry Ave. 1st Floor, Philadelphia, PA 19143