Ignite FB Tracking Pixel2214 W Ontario Street, Philadelphia, PA 19140 - Justin Brown
Berkshire Hathaway HomeServices PenFed Realty
Justin Brown, Berkshire Hathaway HomeServices PenFed RealtyPhone: (540) 273-6501
Email: [email protected]
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listing
1 of 7
CommercialFor Sale
$2,900,000
2214 W Ontario Street
Philadelphia, PA 19140
Listed by: KW Empower, [email protected]
MLS: Bright MLS
35,650Sq Ft
Est. Mortgage
$15,069/mo

- 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.

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This data is up-to-date as of 10/04/2024 04:57 PM. Listing provided by Richard K Cassell of KW Empower.
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