735 East Ontario Street

Philadelphia, PA 19134

$205,000
Price
Beds
1,824 Sq. Ft.
$112 / Sq. Ft.
1,824
Sq. Ft.
$112
per Sq. Ft.

Description

Fully leased triplex in fast growing Kensington grossing more than $25,000 per year. Two 1-bedroom units are leased at $675/month, one 1-bedroom unit leased at $800. The combined monthly income is $2,150/month yielding a capitalization rate nearly 10%. Taxes for 2019 are a low $799. Unit upgrades could fetch higher monthly rents as this area continues to increase in desirability. Owner currently pays gas and water. Units are individually metered for electricity.

Property Details for 735 East Ontario Street

Municipality
PHILADELPHIA
Ownership
Fee Simple
Style
Converted Dwelling
Structure Type
End of Row/Townhouse
Basement
Yes
County Name
PHILADELPHIA PA

Location

Listing Agents

  1. Patrick Collins

    Listing Agent

    Compass

    p.collins@compass.com

    P: 816.729.6195

  2. RC Atlee

    Alternative Listing Agent

    Compass

Building Information for 735 East Ontario Street

Stories-Residences4Year Built1920Building Size-Lot Size0.03 AC / 1,163 SF

Payment Calculator

$809 per month

30 year fixed, 3.51% Interest

Principal and Interest

$737

Property Taxes

$72

HOA Dues

$0

Similar Homes

Property Information for 735 East Ontario Street

Rental Info
    Rental Info
  • Rent Control: No
Interior / Building / Parking / Property Information
    Interior Details
  • Tax Total Finished SQFT: 1824
  • Above Grade Fin SQFT: 1824
  • Above Grade Finished Area Units: Square Feet
  • Total Finished SQFT: 1824
    Interior Features
  • Fireplaces Count: 0
  • Central Air: No
  • Cooling Type: Window Unit(s)
  • Heating: Yes
  • Heating Type: Radiator
    Parking Information
  • Garage: No
  • Type Of Parking: On Street
    Pool / Spa Information
  • Pool: No Pool
    Location Information
  • Directions: Near 7th and E Ontario
  • Historic: No
  • MLS Area: 19134 (19134)
  • Sub System Locale: BRIGHT_MAIN
  • System Locale: BRIGHT
  • Tidal Water: No
  • Water View: No
  • Water Access: No
  • Water Oriented: No
  • Waterfront: No
    School Information
  • School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA
  • School District County ID: 300200397108
    Building Information
  • Accessibility Features: None
  • Building Units Total: 4
  • Construction Materials: Masonry
  • New Construction: No
  • Other Structures: Above Grade, Below Grade
    Green Information
  • Clean Green Assessed: No
    Association Information
  • HOA: No
    Unit Information
  • One Bedroom Units Count: 3
  • Single Room Units Count: 1
  • Three Bedroom Units Count: 0
  • Two Bedroom Units Count: 0
  • Units Leased Count: 4
    Income / Expense Information
  • Gross Income: $30,900
  • Income Includes: Apartment Rentals
  • Annual Rental Income: $30,900
    Property Information
  • Property Type: Multi-Family
  • Land Use Code: U30
  • Lot Size Dimensions: 16.04 x 72.50
  • Lot Size Source: Assessor
  • Lot Size Units: Square Feet
  • Lot SQFT: 1163
  • Lot Size Acres: .03
  • Navigable Water: No
  • Zoning: RSA5
  • Age: 1920.0
    Utilities Information
  • Cooling Fuel: Electric
  • Heating Fuel: Natural Gas
  • Hot Water: Electric
  • Sewer Septic: Public Sewer
  • Water Source: Public
Room Information
    Basement
  • Basement Type: Other
  • Below Grade Fin SQFT: 0
  • Below Grade Fin SQFT Source: Assessor
  • Below Grade Finished Area Units: Square Feet
  • Below Grade Unfin Area Units: Square Feet
  • Below Grade Unfin SQFT: 0
  • Below Grade Unfin SQFT Source: Assessor
Tax / Assessment / Sale Information
    Tax / Assessment Information
  • City Town Tax: $388
  • School Tax: $472
  • Tax Annual Amount: $861
  • Tax Lot: 26
  • Tax Year: 2020
  • Tax ID Number: 331165705
  • Year Assessed: 2020
  • Improvement Assessed Value: $52,275
  • Land Assessed Value: $9,225
  • Tax Assessed Value: $61,500
    Sale Information
  • Acceptable Financing: Cash, Conventional, Joint Venture, Negotiable, VA
  • Home Warranty: No
  • Possession: Immediate
  • Prospects Excluded: No
  • Sale Type: Standard
  • Vacation Rental: No

Property History for 735 East Ontario Street

DateEvent & SourcePriceAppreciation
Feb 6, 2020

Price Change

BRIGHT #PAPH839466

$205,000
Feb 6, 2020

Listed (Active)

BRIGHT #PAPH839466

$205,000
Oct 4, 2019

Listed (Active)

BRIGHT #PAPH839466

$249,900
DateEvent & SourcePrice
02/06/2020

Price Change

BRIGHT #PAPH839466

$205,000
02/06/2020

Listed (Active)

BRIGHT #PAPH839466

$205,000
10/04/2019

Listed (Active)

BRIGHT #PAPH839466

$249,900

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 735 East Ontario Street

Taxable ValueLand$8,565Additions$48,535Total$57,100
Tax Record2019$799
Home Facts
Finished Sq.Ft.1,824 SqFtStories2Lot Size1,163 SqFtStyleMulti-Family Res (5+ Units)Year Built1920ZoningRSA5CountyPHILADELPHIAAPN331165705

Schools near 735 East Ontario Street

AllElementaryMiddleHigh
SchoolTypeGradesDistanceRating
Sheridan SchoolPublicK-40.1 mi
1
Ascension of Our Lord SchoolPrivateK-80.1 mi
NR
Conwell Russell Middle SchoolPublic5-80.4 mi
4
Mastbaum Jules E AvtsPublic9-120.6 mi
1

Sheridan School

K-4, 0.1 mi, Public

1

Ascension of Our Lord School

K-8, 0.1 mi, Private

NR

Conwell Russell Middle School

5-8, 0.4 mi, Public

4

Mastbaum Jules E Avts

9-12, 0.6 mi, Public

1

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Property Details for 735 East Ontario Street

StatusActive
MLS #PAPH839466
Year Built1920
DOM123
Compass TypeMulti Family
MLS TypeMulti-Family / Fee Simple
Lot Size0.03 AC / 1,163 SF
Taxes$861 / year
Condo/Co-op Fees-
HOA Fees-
CountyPhiladelphia County

Listing Agent

Contact Agent(s)

Similar Sold Homes

Sorry, we can't find any similar sold homes at this time. Please check back later.

735 East Ontario Street is a multi-family home for sale in Philadelphia, PA 19134. This property was listed for sale on October 4, 2019 by Compass at $205,000. It has been on the market for a total of 140 days and was last sold on October 13, 2004. Nearby schools include The Workshop School, Ascension of Our Lord School and Roosevelt Theodore Middle School. 735 East Ontario Street is a 0-bed, 0-bath, 1,824 sqft multi-family home built in 1920.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. No financial or legal advice provided. Equal Housing Opportunity.
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