2135 E Susquehanna Ave - Apartments FOR SALE


Philadelphia, PA 19125- Fishtown
$4,500,000 USD
215-681-5062
2135 E Susquehanna Ave, Philadelphia, PA for Sale
$4,500,000 USD
Apartments - FOR SALE
1/3
null | Request Cap Rate

2135 E Susquehanna Ave
Philadelphia, PA 19125
Fishtown


HIGHLIGHTS

  • Rare urban oasis location
  • Large open court yard
  • Preserved architectural details

OVERVIEW

Value add business opportunity from the developers of Old-World Warehouse. To see it is to understand it. Developed as 13 open concept loft condominium units, "Tiesen Flats" has been maintained as rental units by its owners. This property is quite simply a rare urban oasis, offering a large open courtyard, currently enjoyed for gatherings, events, and gardening by the community of tenants that live there. The units range in size from 880 to 1584 sq ft, with several fronting on the courtyard, and all featuring preserved architectural details (exposed beams, clerestory windows, and original doors), and separate utilities. Whether you purchase this building to continue as rentals, sell off units as you choose, or develop the property further, "Tiesen Flats" makes for a great investment and represents a unique offering within the city. Unbeatable location just steps from the Market, Frankford EL, and all the great shops, restaurants and entertainment venues Fishtown has to offer. TAX I.D. #888310105, #888310110, #888310115, #888310120, #888310125, #888310130, #888310135, #888310140, #888310145, #888310150, #888310155, #888310160, #888310165.

FOR SALE DETAILS

PRICE

$4,500,000 USD

PRICE/SF

$316 USD /SF

# OF UNITS

13

PRICE/UNIT

$346,154

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Tiesen Flats Condominium

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1900

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.26 AC

LAND SF

11,326 SF

ZONING

RMX-1

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Patrick GallagherBerkshire Hathaway Fox & Roach - Devon-WayneMore Info
215-681-5062

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Patrick GallagherBerkshire Hathaway Fox & Roach - Devon-WayneMore Info
215-681-5062

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