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1520 W Ontario St
Philadelphia, PA 19140
Multifamily Property For Sale
·
3 Units
EXECUTIVE SUMMARY
Prime Corner Mixed-Use Building Near Temple Hospital
Nestled on a prominent corner in the Tioga–Nicetown neighborhood, 1520 W Ontario St presents a valuable mixed-use opportunity just three blocks from Temple University Hospital. This 3-story property features a vacant commercial space on the ground floor and two residential units above, offering a versatile layout ideal for investors or owner-users.
Property Highlights
Built in 1930 with a classic stucco façade and strong street presence
Ground floor commercial unit (~1,000 SF)—ideal for retail, office, or service use; currently vacant
Unit 2R: Studio apartment (vacant)
Unit 3: 4-bedroom, 2-bath unit with two rooms currently occupied
Unfinished basement providing additional storage or utility space
Location Advantages
Only 3 blocks (˜0.1 miles) from Temple University Hospital, ensuring strong foot traffic and tenant demand
Excellent accessibility: Walk Score of 81 and Transit Score of 81 with nearby Allegheny and Erie stations
Close to shops, restaurants, and other neighborhood amenities—ideal for tenants and commercial patrons alike
Lot & Zoning Details
Lot size: 1,292 SF (building footprint closely matches)
Total building area: Approximately 2,032 SF above grade
Zoning permits commercial use on the ground floor and residential units above, supporting flexible use strategies
This is a strong value-add or income-producing opportunity with upside in both the commercial and residential components.
Nestled on a prominent corner in the Tioga–Nicetown neighborhood, 1520 W Ontario St presents a valuable mixed-use opportunity just three blocks from Temple University Hospital. This 3-story property features a vacant commercial space on the ground floor and two residential units above, offering a versatile layout ideal for investors or owner-users.
Property Highlights
Built in 1930 with a classic stucco façade and strong street presence
Ground floor commercial unit (~1,000 SF)—ideal for retail, office, or service use; currently vacant
Unit 2R: Studio apartment (vacant)
Unit 3: 4-bedroom, 2-bath unit with two rooms currently occupied
Unfinished basement providing additional storage or utility space
Location Advantages
Only 3 blocks (˜0.1 miles) from Temple University Hospital, ensuring strong foot traffic and tenant demand
Excellent accessibility: Walk Score of 81 and Transit Score of 81 with nearby Allegheny and Erie stations
Close to shops, restaurants, and other neighborhood amenities—ideal for tenants and commercial patrons alike
Lot & Zoning Details
Lot size: 1,292 SF (building footprint closely matches)
Total building area: Approximately 2,032 SF above grade
Zoning permits commercial use on the ground floor and residential units above, supporting flexible use strategies
This is a strong value-add or income-producing opportunity with upside in both the commercial and residential components.
PROPERTY FACTS
| Price Per Unit | $100,041 CAD | Building Class | C |
| Sale Type | Investment | Lot Size | 0.03 AC |
| No. Units | 3 | Building Size | 2,032 SF |
| Property Type | Multifamily | No. Stories | 3 |
| Property Subtype | Apartment | Year Built | 1930 |
| Apartment Style | Low-Rise | Opportunity Zone |
Yes
|
| Zoning | RSA5 - In Philadelphia, RSA-5 zoning primarily governs single-family attached dwellings, like rowhomes | ||
| Price Per Unit | $100,041 CAD |
| Sale Type | Investment |
| No. Units | 3 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.03 AC |
| Building Size | 2,032 SF |
| No. Stories | 3 |
| Year Built | 1930 |
| Opportunity Zone |
Yes |
| Zoning | RSA5 - In Philadelphia, RSA-5 zoning primarily governs single-family attached dwellings, like rowhomes |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Dishwasher
- Microwave
- Heating
- Kitchen
- Refrigerator
- Oven
- Tub/Shower
- Freezer
SITE AMENITIES
- 24 Hour Access
- Controlled Access
- Tenant Controlled HVAC
- Public Transportation
- Walk-Up
- Smoke Detector
PROPERTY TAXES
| Parcel Number | 871078500 | Improvements Assessment | $124,404 CAD |
| Land Assessment | $31,101 CAD | Total Assessment | $155,505 CAD |
PROPERTY TAXES
Parcel Number
871078500
Land Assessment
$31,101 CAD
Improvements Assessment
$124,404 CAD
Total Assessment
$155,505 CAD
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