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1801 W Ontario Street
Philadelphia, PA 19140

$699,900 - Status: ACTIVE
SQFT: 4,640
MLS# PAPH2685642

Exceptional Investment Opportunity – Four-Unit Mixed-Use Property | $65,400 Gross Potential Annual Rent! Investors, take notice! This four-unit mixed-use property at 1801 W Ontario St, Philadelphia, PA 19140, offers $5,450 in potential monthly gross rental income, totaling $65,400 annually. Featuring three residential apartments and an established neighborhood grocery store, this property provides diversified income streams and an attractive opportunity to expand your investment portfolio. The property has benefited from recent upgrades to the siding, roofing, electrical, and plumbing systems, making this a compelling opportunity for investors seeking a well-maintained income-producing asset. Three Residential Apartments: Unit 1 – 2 Bedrooms, 1 Bathroom: Newly renovated and vacant, with anticipated rental income of $1,200 per month. Features central air conditioning and heat, a new kitchen with stainless steel appliances, an updated ceramic tile bathroom with a large stall shower, and access to a full, unfinished basement. Unit 2 – 2 Bedrooms, 1 Bathroom: Currently rented for $1,300 per month. Features a new kitchen with stainless steel appliances and forced-air heating. Unit 3 – 1 Bedroom, 1 Bathroom: Currently rented for $1,000 per month. Features a new kitchen with stainless steel appliances and a new ceramic tile bathroom. All three residential units feature the convenience of in-unit laundry. Established Commercial Tenant: The fourth unit is a rear storefront grocery store that has served the surrounding community for more than 15 years. Currently rented for $1,950 per month, this established commercial tenancy adds a valuable income stream and diversifies the property's rental profile. Gross Potential Rental Income Breakdown: Unit 1: $1,200/month anticipated Unit 2: $1,300/month Unit 3: $1,000/month Commercial storefront: $1,950/month TOTAL GROSS POTENTIAL RENT: $5,450 PER MONTH | $65,400 PER YEAR With three residential units, a long-established commercial tenant, updated major building systems, and strong gross income potential, this versatile mixed-use property is an excellent opportunity for investors looking to generate rental income from multiple sources. Add this income-producing Philadelphia property to your portfolio today!

Property Features

MLS#: PAPH2685642
Zip: 19140
Subdivision: Philadelphia (north)
Development: Philadelphia
Property Type: Multi Unit - Multiple
Number of Units: 4
Basement: Yes
Basement: Daylight, Partial
Cooling: Ceiling Fan(s), Central A/C
Fuel Type: Electric, Natural Gas
Heating: 90% Forced Air, Baseboard - Electric, Baseboard - Ho
Home Style: Converted Dwelling
Lot Size: 0.06 acres
Roof Type: Architectural Shingle, Flat
Taxes: $3,051
Year Built: 1939

Feature Descriptions

Additional Structures: Above Grade
Electric Description: 100 Amp Service
Exterior: Brick, Vinyl Siding
Flooring: Ceramic Tile, Luxury Vinyl Tile
Lot Dimensions: 0.06 Acre(S)
Municipality: PHILADELPHIA
One Bedroom Units: 1
Sewer: Public Sewer
Structure Type: Detached
Two Bedroom Units: 2
Units: 4
Utilities: Above Ground, Cable TV Available, Electric Available, Natural Gas Available, Sewer Available, Water Available
Water: Public

Local Schools

School District: THE SCHOOL DISTRICT OF PHILADELPHIA

1801 W Ontario Street | MLS# PAPH2685642

This multi-family property located at 1801 W Ontario Street , Philadelphia, PA 19140 is currently listed for sale with an asking price of $699,900. W Ontario Street is located within the THE SCHOOL DISTRICT OF PHILADELPHIA school district. Search Philadelphia real estate on www.570re.com today.

Listed By / Shown By

Listed By

Agency Name: Liberty Bell Real Estate Brokerage LLC
Agency Phone: 2152842891

Shown By

Agent Name: Jessica Suchter
Agent Phone: (570) 906-1965
Agency Title: Lewith & Freeman

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AGENT INFORMATION

Lewith & Freeman Jessica Suchter (570) 906-1965 JessicaS@Lewith-Freeman.com

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Estimated Payment

$ 4,443.99 per month $3,985.60 Principal & Interest $254.25 Property Tax $204.14 Homeowner's Insurance

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