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Chen Wen
Direct Office:
202-276-6936
chenwenrealtor@hotmail.com
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Chen Wen
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Direct Office:
202-276-6936
chenwenrealtor@
hotmail.com
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FOR SALE
$2,900,000

2214 W Ontario Street
Philadelphia, PA 19140

Apartment Building
Commercial
0.9
Acre Lot
Courtesy: KW Empower, vicki@kwempower.com
Home> Pennsylvania> Philadelphia> 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.
PAPH2359678
Apartment Building
PHILADELPHIA
PHILADELPHIA
1920
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0.9 Acres
Gas Water Heater, Public Water Service
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The scores below measure the walkability of the address, access to public transit of the area and the convenience of using a bike on a scale of 1-100

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Courtesy: KW Empower, vicki@kwempower.com
This content last refreshed on 7/1/2024 10:31 AM CST. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
Information is deemed reliable but is not guaranteed.