2214 W ONTARIO STREET Philadelphia, PA 19140

Building Details

Year Built

1920

Listing Agency KW Empower Show Phone

Listed by Rich K Cassell · License #2322460 Show Phone

Source Exitrealty

Added: Dec 18, 2024 Checked: Jul 17 at 12:34 pm

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Investment Insights

Based on property information with market context.

This is a 64-unit property consisting of 1- and 2-bedroom apartments. The average 1-bedroom apartment is 575 square feet, and the average 2-bedroom apartment is 1100 square feet. There are 40 parking spaces available. This adaptive reuse project has a completed foundation and facade. Comprehensive documentation, including plans, permits, reports, and surveys, is included. The projected gross rent is $1,012,200 annually. This property is located in a rapidly developing area and presents an exceptional investment prospect. This building would make an excellent addition to your portfolio.

Key Highlights

• Shovel‑ready development project with completed foundation and facade.
• Projected gross annual rent of $1,012,200.
• 64‑unit property with a mix of 1 and 2‑bedroom apartments.

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FAQs

What type of property is this?

Apartment building - 64-unit apartment project with completed foundation and facade.

Where is this apartment building located?

The property is located at 2214 W ONTARIO STREET Philadelphia, PA.

What is the asking price?

The asking price for this property is $2,800,000.

What are key features of this property?

This property features: Shovel‑ready development project with **completed foundation and facade**.; Projected gross annual rent of $1,012,200.; 64‑unit property with a mix of 1 and 2‑bedroom apartments.