1611 W Susquehanna Ave, Philadelphia, PA 19121

$500,000

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List Price
$500,000
Days on Market
204
Status
ACTIVE
MLS#
PAPH2571376
Lot Size (Acres)
0.06
Year Built
1915
County
Philadelphia
School District
Philadelphia City

Property Description

*PRICE REDUCED — The entire six-property Susquehanna portfolio is now offered at a reduced package price of $1,100,000 (previously $1,400,000). Individual properties may also be purchased separately. Prime investment opportunity near Temple University. 1611–15 W Susquehanna Ave is offered as part of a six-property multifamily portfolio located in a rapidly developing section of Philadelphia. The property features a currently rented commercial storefront, six residential units, and basement space, presenting strong income potential with additional upside through lease-up and stabilization. The portfolio includes: -1609 W Susquehanna Ave -1611–15 W Susquehanna Ave -1631 W Susquehanna Ave -1633 W Susquehanna Ave -1635 W Susquehanna Ave -1637 W Susquehanna Ave Unit Mix: -1611 W Susquehanna Ave #1 | 2 BR / 1 BA | 700 SF | Vacant | Market Rent: $950 -1611 W Susquehanna Ave #2 | 2 BR / 1 BA | 700 SF | Occupied | $950 -1615 W Susquehanna Ave #1 | 1 BR / 1 BA | 550 SF | Vacant | Market Rent: $850 -1615 W Susquehanna Ave #2 | 2 BR / 1 BA | 800 SF | Vacant | Market Rent: $1,050 -1615 W Susquehanna Ave #3 | 1 BR / 1 BA | 550 SF | Vacant | Market Rent: $850 -1615 W Susquehanna Ave #4 | 2 BR / 1 BA | 800 SF | Vacant | Market Rent: $1,050 The properties are strategically positioned to attract students, faculty, medical professionals, and long-term renters seeking convenient access to Temple University, Center City Philadelphia, and surrounding amenities. This portfolio offers investors flexibility for stabilized rental income, value-add improvements, redevelopment potential, or future resale opportunities. Please contact the listing agent for current rent rolls, operating expenses, and additional financial details.

Additional Information

Area
19121 (19121)
Subdivision
Temple University
Taxes
$5555
School District
Philadelphia City
Heating
90% Forced Air
Heating Fuel
Natural Gas
Cooling
Central A/C
Water
Public
Sewer
Public Sewer

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Calculator source: Real Geeks

Listing courtesy of TCS Management, LLC. Contact: 2153831439