$289,000

1814 W ONTARIO ST, Philadelphia, PA 19140

  • 2,576 sqft
  • Property Icon Triplex
  • Property Year Built Icon Built in 1939
  • Property Lot Size Icon1,307sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $112/sqft
  • Property List Date Icon Listed 22 hours ago

Property Description

Legal Triplex | Income-Producing Investment | Temple University Area Excellent investment opportunity just blocks from Temple University! This legal triplex features three residential units plus a bonus storage unit, offering multiple income streams. Current/Recent Rents: 3rd Floor – 2 Bedroom: $1,165/month 2nd Floor – 1 Bedroom: $995/month (just vacated) 1st Floor – 1 Bedroom: $1,075/month (just vacated) Storage Unit: $300/month Recent Total Monthly Rent: $3,535 *Leases available upon request The property includes coin-operated laundry machines, an up-to-date fire alarm system, one year pest control plan, and has recently had the first and second floor apartments vacated, making them ready for a new owner to lease at current (higher) market rates. Please note that all three apartments were below market rent. But investors utilizing the Philadelphia Housing Authority (PHA) program may achieve substantially higher rents. Current PHA payment standards indicate potential rents of approximately: 2 Bedroom: $1,660/month Each 1 Bedroom: $1,390/month Potential residential rental income: Approximately $4,440/month, plus additional income from the storage unit and coin-operated laundry. The third-floor tenant is in good standing and currently on a month-to-month lease. *This is an AS-IS, Where-Is Sale. Buyer Pays All Transfer Taxes.* *Seller will consider Cash, HardMoney, and Conventional Loans. Inspections are for informational purposes only.*

Listing Status:
Active
Date Added:
August 7, 2026
Data Last Updated:
August 8, 2026 at 2:18AM
Listing Office:
Tesla Realty Group, LLC : 8448375274
Listing Agent:
Kinny Peterkin : 6109308993
MLS ID:
PAPH2650450
  • Appliances: Built-In MicrowaveOven/Range - ElectricRefrigerator
  • Laundry: Common
  • Basement: Unfinished
  • A/C: Window Unit(s)
  • Heating: Baseboard - Electric
  • Disability Feature: None
  • General: Above GradeBelow Grade
  • Style: Other
  • General: MasonryConcrete Perimeter
  • Originating MLS: BRIGHT_MAIN
  • School District: THE SCHOOL DISTRICT OF PHILADELPHIA
  • County: PHILADELPHIA-PA
  • Zoning: RSA5112050500
  • Utilities: Electric availableSewer availableWater available
  • Water: Public
  • Sewer: Public Septic
  • Source: BRIGHT_MAIN

This listing courtesy of Kinny Peterkin , Tesla Realty Group, LLC

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

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