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  • FOR SALE
    $2,900,000

    2214 W Ontario Street
    Philadelphia, PA 19140

    Other
    Commercial
    35,650
    Sq. Ft.
    0.9
    Acre Lot
    Courtesy: KW Empower, vicki@kwempower.com
    Weichert> 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
    Commercial - Other
    1920
    PHILADELPHIA
    0.9 Acres
    Gas Water Heater, Public Water Service
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    Courtesy: KW Empower, vicki@kwempower.com
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