Jump into your next development project which is truly shovel ready! -Incredible Investment Opportunity in a Thriving Locale! -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 -Adaptive Reuse Project with Completed Foundation & Facade -Comprehensive Documentation: Plans, Permits, Reports, and Surveys Included 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. 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.
Listed By
Agency Name: KW Empower
Agency Phone: 2156273500
Shown By
Agent Name: Corinne Hankins
Agent Phone: (717) 877-4480
Agency Title: Berkshire Hathaway HomeServices Homesale Realty
2214 W Ontario Street | MLS# PAPH2359678
This commercial property located at 2214 W Ontario Street, Philadelphia, PA 19140 is currently listed for sale with an asking price of $2,800,000. W Ontario Street is located within the THE SCHOOL DISTRICT OF PHILADELPHIA school district. Search Philadelphia real estate on www.hankinshomes.com today.