2601 E ONTARIO Street, Philadelphia, PA 19134
MULTI_FAMILY - Other - PHILADELPHIA, PA
- Added:
- Jun 12, 2026
- Days on Market:
- 2
- Last Refresh:
- Jun 13 at 4:06 pm
Property Features for 2601 E ONTARIO Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Parking features
- On Street
- Standard status
- Active
- Size
- 1,932 SF
- Lot size
- 0.03 Acres
Taxes and HOA fees
- Tax Annual Amount
- 3506
Utilities
- Heating system
- Heat Pump (Heating), Hot Water(Heating), Other (Heating), Electric (Heating)
- Cooling system
- Ductless
Building Details
- Year built
- 1920
- Number of units
- 2
- Building materials
- Masonry
- Architectural style
- Other
Listing agent Aggie Roberts License #RS277846 (215) 680-1136
Listing office Realty Mark Associates 2250 Terwood Drive, Southampton, PA (215) 376-4444
Listing date Jun 12, 2026
Copyright © 2026 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- Corner mixed‑use property in Port Richmond with separate entrances and flexible living or rental layout
- Second‑floor 3‑bedroom residence recently renovated with white cabinetry, quartz countertops, and stainless steel appliances
- Recessed lighting throughout second‑floor residence with updated flooring and a renovated hall bathroom
- First floor offers an expansive open layout with multiple rooms, a powder room, and a kitchenette area
- Parking includes on‑street spaces; building constructed with masonry
- Utilities/systems include electric heat, hot water heat, heat pump, and ductless cooling
Overview
The home sits on a small lot and is located in Philadelphia’s Port Richmond area. As a prominent corner property, it benefits from abundant natural light and an attractive street presence.
For buyers or operators, the separate entrances and current two-level layout can support multi-generational living, a live/work arrangement, or other flexible occupancy plans. The renovated second-floor unit with three bedrooms and updated interior features provides a turn-key residential component, while the first-floor configuration offers adaptability for a complementary living setup.
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $49.8k | $25.80 |
| − Vacancy | −$2.7k | −$1.42 |
| EGI | $47.1k | $24.38 |
| − OpEx | −$14.1k | −$7.31 |
| NOI | $33.0k | $17.06 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Philadelphia
- County
- Delaware
- State
- Pennsylvania
- Longitude
- -75.0987167
- Latitude
- 39.98806
