Welcome to 1618 W Ontario Street, a fantastic rental property featuring 4 bedrooms and 2.5 bathrooms. This is an excellent opportunity for those looking to invest or purchase their own home. Currently, the property is occupied by reliable tenants, ensuring immediate returns and a steady income stream from day one. The tenant is interested in staying, which offers a seamless transition for the new owner or an ideal chance for first-time homebuyers. The property can also be delivered vacant if desired. Well-maintained and in excellent condition, this property attracts both seasoned and new investors. Contact us today to schedule a showing or for more details! The seller is highly motivated.
This property is $95.3K less than the Median Sold Price and $52/SqFt less than other homes in Philadelphia, PA.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: BRIGHT
MLS Number: #PAPH2412546
Listing Office:
Office Name: Keller Williams Main Line
Office Phone: (610) 520-0100
Listing Agent: Janell T Carter
Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which participates, and is provided by BRIGHT through a licensing agreement.
The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have sold or are no longer being offered for sale. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. This home sale information is not to be construed as an appraisal and may not be used as such for any purpose.
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$916
Per Month
Principal & Interest
$849
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$576
Powered By
Advertisement
NMLS#3030
Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
2
/10
Mastery Preparatory Elementary Charter School
1801 W Pike St
Distance between this listing and this school0.56 miles
Public Charter Grades KG-4
3
/10
Mastery Charter School at Clymer
1201 W Rush St
Distance between this listing and this school0.70 miles
Public Charter Grades KG-6
1
/10
Thomas May Peirce Elementary School
2300 W Cambria St
Distance between this listing and this school0.78 miles
Public District Grades KG-6
Nearby Schools
2
/10
Kenderton Elementary School
1500 W Ontario St
Distance between this listing and this school0.10 miles
Public District Grades KG-8
3
/10
Mary McLeod Bethune Elementary School
3301 Old York Rd
Distance between this listing and this school0.44 miles
Public District Grades KG-8
3
/10
Mastery Charter School at Cleveland
3701 N 19th St
Distance between this listing and this school0.44 miles
Public Charter Grades KG-8
Nearby Schools
5
/10
Multicultural Academy Charter School
3821 N Broad St
Distance between this listing and this school0.54 miles
Public Charter Grades 9-12
3
/10
Mastery Charter School at Gratz
1798 W Hunting Park Ave
Distance between this listing and this school0.63 miles
Public Charter Grades 7-12
2
/10
Dobbins Avt High School
2150 W Lehigh Ave
Distance between this listing and this school0.90 miles
The neighbors living near this home have an average income of $25,692. Typical income of Philadelphia, PA residents is less than $35k annually. Most families are single, no kids. Residents of this area typically have high school diploma education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 1618 W Ontario St
What is the listing price of this property?
The listing price of 1618 W Ontario St property is $170,000.
What type of property is this?
The property 1618 W Ontario St is a townhouse located in Philadelphia, Pennsylvania, 19140.
Is this property for sale now?
Active Listing: 1618 W Ontario St is For Sale (Active/New) which means the seller is accepting offers.
What is the annual property tax for this property?
According to the records, the last property tax for 2020 is $574 (source: MLS/based on county public records data).
When was this property sold last time and for how much?
The last sale was on October 1, 2020 for $15,000. (source: MLS/tax record).
How many bedrooms and bathrooms does this property have?
The property at 1618 W Ontario St has 4 bedrooms and 2 full and 1 half bathrooms.
What is the square footage of this property?
The property 1618 W Ontario St is 1,140 SqFt (source: MLS/tax record).
Which year was this property built?
The year of construction for 1618 W Ontario St is 1925.
This home is located at 1618 W Ontario St in Philadelphia, PA and zip code 19140 in the Tioga neighborhood. This 1,140 square foot home, which was built in 1925, sits on a 0.03 acre lot. Features: 4 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since October 22, 2024 and is currently priced at $170,000.
In November 2024, from all listings sold in Philadelphia, PA there were more than 219 sold above asking price, over 523 sold below and more than 204 were sold right at the asked price. The inventory of homes for sale in Philadelphia, PA between October 2024 and November 2024 increased by 1.8%. The median list price of listings available in November 2024 was $265,372, while the average time on the real estate market was 45 days.
From Rocket Homes Real Estate and based on county public records data.