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  • 754 days on site
  • 22 views

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.

Source: BRIGHT MLS, MLS#: PAPH2359678

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  • Property Type
    Commercial Sale
  • Lot
    0.90 acres

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Joe DeLorenzo

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Owning this Home

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

Life at 2214 W ONTARIO STREET

Schools


School data courtesy of LiveBy, Inc.
Ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating. The schools displayed on this website are for informational purposes only and may not represent a complete or up-to-date list. School assignments are subject to change and should be verified directly with the local school district. Please contact the appropriate school district to confirm school zoning and enrollment eligibility for this property.

History

Date Event Value Agent
9/18/2025Source: BRIGHT MLS Price Increase
$2,800,000 33.3%
2/26/2025Source: BRIGHT MLS Price Reduction
$2,100,000 -27.6%
12/3/2024Source: BRIGHT MLS Price Reduction
$2,900,000 -3.3%
12/3/2024Source: BRIGHT MLS Added to Database
June 06, 2024
Listing provided courtesy of KW Empower- MLS# PAPH2359678MLS ProviderContact Information: [email protected] - 2156273500