1611 W Susquehanna Ave, Philadelphia, PA 19121

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List Price
$500,000
Status
ACTIVE
MLS#
PAPH2572624
Subtype
Multi-Family
Style
Other
Year Built
1915
Living Area
6,399
Lot Size
2,640
Acres
0.06
Subdivision
Temple University
MLS Area Major
19121 (19121)

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

Taxes
$5,555
Property Description
Other
Zoning
CMX2
Heating
Forced Air
Air Conditioning
Central Air
Foundation
Other
School District
Philadelphia City

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Listing courtesy of TCS Management, LLC. Contact: