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1801 W Ontario St , Philadelphia, PA 19140
$699,900
Est. Payment: $3,780.98/mo
5 Bed
3 Bath
4640 Sqft
0.06 Acres
Status: active | Days on site: 2
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LBREB1 - 3167498
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House Description

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!

Highlights

Listed by Daniel J. Maneely , 2158853332 Liberty Bell Real Estate Brokerage LLC , 2152842891. Bright MLS

Property Type

Multi-Family

Lot/Acreage
0.06

Year Built

1939

County

Philadelphia

Area

19140 (19140)

Neighborhood

Philadelphia (North)

School District

The School District Of Philadelphia

Listing ID

PAPH2685642

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Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:5
  • ▪ Bathrooms:3
  • ▪ Full Bathrooms:3
Air Cond:Ceiling Fan(s),Central A/C
Fireplaces:
Floor:Ceramic Tile,Luxury Vinyl Tile
Above Ground Sq Ft:4640
Basement:Daylight,Partial
Water:Public

Exterior Features

Lot:Not New Construction,Horse Property: No
Zoning:RSA3
Roof:Architectural Shingle,Flat
Others:
  • ▪ Additional:Excellent
Sewer:Public Sewer
Parking Features:On Street
Principal Interest
$3,781
Taxes
$254

Home Price

$699,900

Loan Details

30 yrs
7.148%

Down Payment

20%
$139,980
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$3,780.98

Principal

Taxes

Principal Taxes HOA Total
Monthly $3,780.98 $254.25 $0.00 $4,035.23
Yearly $45,371.77 $3,051.00 $0.00 $48,422.77
Total $1,361,153.14 $91,530.00 $0.00 $1,452,683.14
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Chico Gordy
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Market insight data is pulled from the same city as the listing being viewed (Philadelphia, PA).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Information provided by Bright MLS, and is deemed reliable but not guaranteed accurate.

IDX service by Blueroof 360

Data last updated: 2026-11-14T11:13:36.000Z

© 2026 Bright MLS