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Key Details
Sold Price $235,000
Property Type Multi-Family
Sub Type Interior Row/Townhouse
Listing Status Sold
Purchase Type For Sale
Square Footage 2,448 sqft
Price per Sqft $95
Subdivision Nicetown-Tioga
MLS Listing ID PAPH2046992
Sold Date 01/21/22
Style Straight Thru
Abv Grd Liv Area 2,448
Originating Board BRIGHT
Year Built 1915
Annual Tax Amount $1,331
Tax Year 2021
Lot Size 1,920 Sqft
Acres 0.04
Lot Dimensions 16.00 x 120.00
Property Description
Lovingly-maintained and newly-renovated triplex, 2115 W Ontario St is a turn-key, cash-flowing investment in the heart of Nicetown-Tioga ready for all savvy investors and owner-occupied investment home buyers! Nestled in the heart of a quiet, established, and friendly community, this triplex consists of two lovingly-maintained 1 bedroom, 1 bathroom units (both currently occupied by stable, long-term renters) and one newly-renovated 2 bedroom, 1 bathroom unit, currently vacant with market rent of $1,200 per month. Fully-occupied with current rent roll, the cap rate is 10.3 and once rent is brought up to full-market value, cap rate is 12.9. This home is walking distance to Jerome Brown Playground, Tioga Street Park, KIPP Philadelphia Elementary Academy, a new private high school, Hunting Park Ave, and all of the new construction and commerce coming to Allegheny West. Just minutes to SEPTA bus lines 60, 56, 33 and Manayunk/Norristown Regional Rail Line into Center City, and close proximity to Roosevelt Blvd, Temple University Hospital, and the Broad Street Subway, this home has a high Transit Score of 78. Property is being sold as-is and qualifies for special financing terms requiring less than $10K to purchase the home. Schedule your viewing of the home today!
Location
State PA
County Philadelphia
Area 19140 (19140)
Zoning RSA5
Rooms
Basement Full, Unfinished
Interior
Hot Water Electric
Heating Forced Air, Baseboard - Electric
Cooling Wall Unit
Heat Source Natural Gas
Exterior
Waterfront N
Water Access N
Accessibility None
Parking Type On Street
Garage N
Building
Foundation Other
Sewer Public Sewer
Water Public
Architectural Style Straight Thru
Additional Building Above Grade, Below Grade
New Construction N
Schools
School District The School District Of Philadelphia
Others
Tax ID 112066900
Ownership Fee Simple
SqFt Source Assessor
Acceptable Financing Cash, Conventional, FHA, VA
Listing Terms Cash, Conventional, FHA, VA
Financing Cash,Conventional,FHA,VA
Special Listing Condition Standard
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Bought with Stephen M Kennedy • KW Philly