1635 W Susquehanna Ave - Apartments FOR SALE


Philadelphia, PA 19121- North Philadelphia West
$157,500 USD
215-431-5652
1635 W Susquehanna Ave, Philadelphia, PA for Sale
$157,500 USD
Apartments - FOR SALE
1/2
null | Request Cap Rate

1635 W Susquehanna Ave
Philadelphia, PA 19121
North Philadelphia West


OVERVIEW

Prime investment opportunity near Temple University. This property may be purchased individually or as part of a multi-property portfolio offering strong rental income potential and long-term appreciation. The portfolio includes 1609 W Susquehanna; 1611–15 W Susquehanna; 1631 W Susquehanna; 1633 W Susquehanna; 1635 W Susquehanna; and 1637 W Susquehanna, all strategically positioned to attract students, faculty, and professionals. 1635 W Susquehanna Avenue is a 2,600-square-foot property with six bedrooms—two on each of three floors—and three full bathrooms. All bedrooms feature large closets, and the kitchen is located in the basement. The property has brown hardwood flooring throughout and exposed brick in select areas. Cosmetic repairs are needed, though extensive rehabilitation is not required. The additional properties in this six-property package provide flexibility for rental income, redevelopment, or resale. The entire portfolio is available for $1.4 million, with individual properties offered for separate purchase, allowing investors to tailor acquisitions to their specific needs. With strong rental demand, close proximity to Temple University, and convenient access to public transportation, this portfolio presents a compelling opportunity to capitalize on Philadelphia’s rental market.

FOR SALE DETAILS

PRICE

$157,500 USD

PRICE/SF

$65 USD /SF

# OF UNITS

6

PRICE/UNIT

$26,250

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1907

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.02 AC

LAND SF

871 SF

ZONING

C2

APN/PARCEL ID

161261200

ASK ABOUT THIS PROPERTY

Alex PrinceTCS Management ServicesMore Info
215-431-5652

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Alex PrinceTCS Management ServicesMore Info
215-431-5652

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.