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2214 W Ontario St
Philadelphia, PA 19140

$2,100,000 USD

Apartments For Sale  •  68,890 SF

Property Details

  • Property Type Apartments
  • Total Building Size 68,890 SF
  • Lot Size 0.91 AC
  • Building Class B
  • Year Built 1915
  • Tenancy Multiple
  • Zoning I2
73 Transit Score
64 Walk Score

Highlights

Projected Gross Rent: $1,012,200 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
Cost Plus Construction Bid Available Upon Request - ~$9,200,000 Inclusive Of 15% Fee
Upon completion of construction and stabilization COC is 119% and ROI is 42.62%

Property Flyers

Amenities

  • Kitchen
  • Refrigerator
  • Oven
  • Range
  • Tub/Shower

Public Transportation

Commuter RailDriveWalkDistance
Allegheny (R6 - Southeastern Pennsylvania Transportation Authority Regional Rail (SEPTA Regional Rail)) 1 min 4 min 0.2 mi
North Philadelphia (R7 - Southeastern Pennsylvania Transportation Authority Regional Rail (SEPTA Regional Rail), R8 - Southeastern Pennsylvania Transportation Authority Regional Rail (SEPTA Regional Rail)) 4 min - 1.2 mi
Transit/SubwayDriveWalkDistance
Allegheny (Bss) (Broad Street Line - Southeastern Pennsylvania Transportation Authority Rapid Transit (SEPTA Subway & Trolley)) 2 min 18 min 1.0 mi
Erie (Broad Street Line - Southeastern Pennsylvania Transportation Authority Rapid Transit (SEPTA Subway & Trolley)) 3 min 20 min 1.1 mi
AirportDriveWalkDistance
Philadelphia International 30 min - 15.8 mi
Trenton Mercer 51 min - 32.4 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 40
Type: Surface
Included in Rent: No
Rich Cassell 215-607-6007 Keller Williams Empower
Rich Cassell 215-607-6007 Keller Williams Empower