Philadelphia, PA 19121,1633 W SUSQUEHANNA AVE
Philadelphia, PA 19121,1633 W SUSQUEHANNA AVE
Philadelphia, PA 19121,1633 W SUSQUEHANNA AVE
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$255,000
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1,030 Sqft Lot
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1633 W SUSQUEHANNA AVE Philadelphia, PA 19121

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Key Details

Property Type Commercial

Sub Type Five Or More Units

Listing Status Active

Purchase Type For Sale

Subdivision Temple University

MLS Listing ID PAPH2571508

Year Built 1915

Annual Tax Amount $4,661

Tax Year 2024

Lot Size 1,030 Sqft

Acres 0.02

Property Sub-Type Five Or More Units

Source BRIGHT

Property Description

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 located to attract students, faculty, and professionals.

The building contains the following units
1633 W. Susquehanna Ave. 1 | Studio | 350 SF | Occupied | $779 | 10/14/22 - 10/31/23
1633 W. Susquehanna Ave. 2 | Studio | 350 SF | VACANT | $850
1633 W. Susquehanna Ave. 3 | Studio | 350 SF | VACANT | $850
1633 W. Susquehanna Ave. 4 | 1 BR 1 BA | 500 SF | VACANT | $1,050
1633 W. Susquehanna Ave. 5 | 1 BR 1 BA | 500 SF | VACANT | $1,050
1633 W. Susquehanna Ave. 6 | 2 BR 1 BA | 700 SF | VACANT | $1,050
1633 W. Susquehanna Ave. 7 | Studio | 350 SF | VACANT | $850

1633 W Susquehanna Avenue consists of seven apartments, each approximately 350 square feet, featuring high ceilings and exposed brick. 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, proximity to Temple University, and convenient access to public transportation, this portfolio presents a compelling opportunity to capitalize on Philadelphia's rental market.

Location

State PA

County Philadelphia

Area 19121 (19121)

Zoning CMX2

Interior

Hot Water Electric

Heating Central

Cooling Multi Units

Flooring Hardwood

Heat Source Electric

Exterior

Water Access N

Accessibility None

Garage N

Building

Foundation Brick/Mortar

Sewer Public Sewer

Water Public

New Construction N

Schools

School District Philadelphia City

Others

Tax ID 881147910

Ownership Fee Simple

Acceptable Financing Conventional, Cash

Listing Terms Conventional, Cash

Financing Conventional,Cash

Special Listing Condition Standard


Bright MLS (BMLS)

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Scott Gullaksen

Scott Gullaksen

Agent | RS 285055

+1(610) 453-9898

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1633 W SUSQUEHANNA AVE