2115 W ONTARIO ST Philadelphia, PA 19140

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!