Philadelphia, PA 19121 1511 W Susquehanna Avenue
$650,000
39 more
Presented By: KW Empower
Beds • 12
Home Details
Just two blocks from Temple University, one block from the Septa Broad Street line. This modern turn key 4 unit property is fully leased, and has room for value add. Each unit has 3 bedrooms, 2 baths. Units feature hardwood floors, tile baths, in-unit laundry and secure entry. The current owner has meticulously maintained all the units and overall property, many upgrades have been installed over the past few years. Please see attached cap rate pro-forma.
Presented By: KW Empower
Interior Features for 1511 W Susquehanna Avenue
Bedrooms
Three Bedroom Units Count4
Other Interior Features
LivingAreaSourceAssessor
BasementFully Finished
Basement (Y/N)Yes
Central Air Y/NYes
Fireplace Y/NNo
Furnished UnitsNone
Heating FuelElectric
Heating Y/NYes
Hot WaterElectric
Interior AmenitiesWood Floors
General for 1511 W Susquehanna Avenue
AccessibilityNone
Architectural StyleUnit/Flat, Contemporary
Association Recreation FeeN
Cap Rate5.60
CityPHILADELPHIA
Construction MaterialsMasonry
Cool FuelElectric
CoolingCentral A/C
CountyPHILADELPHIA
DirectionsUse GPS
Garage Y/NNo
HeatingForced Air
Lease TypeYearly, Month to Month
Lot Size Square Feet1186.00
Lot Size UnitsSquare Feet
MLS Area19132 (19132)
ModificationTimestamp2025-05-29T13:04:03
MunicipalityPHILADELPHIA
Net Operating Income44771.00
New ConstructionNo
Number Of Units Total4
Number of Units Leased4
NumberOfUnitsVacant
One Bedroom Units Count
Operating Expense21769.00
Other StructuresAbove Grade, Below Grade
Other UnitsUnit 1, Unit 2, Unit 4, Unit 3
OwnershipFee Simple
Possession31-60 Days CD, 61-90 Days CD, 0-30 Days CD
Price Per Sq Ft Total AG188.19
Property SubtypeQuadruplex
Property TypeMulti-Family
Rent Control Y/NNo
School DistrictPHILADELPHIA CITY
Security FeaturesMain Entrance Lock
SewerPublic Sewer
Single Room Units Count0
Standard StatusActive Under Contract
StatusACTIVE UNDER CONTRACT
Structure TypeEnd of Row/Townhouse
Tax Annual Amount7518.0
Tax Assessed Value537100.0
Tax Lot226
Tax Year2024
Total Actual Rent66540.00
Total SQFT3454
Two Bedroom0
Vacation Rental Y/NNo
Water Access Y/NNo
Year Built2013
Year Built SourceAssessor
ZoningRM1
Exterior for 1511 W Susquehanna Avenue
Foundation DetailsBrick/Mortar
Inclusions4 washers, 4 dryers, 4 refrigerators
Land Assessed Value107400.00
Land Use CodeW50
Lot Dimensions16.00 x 77.00
Lot Size Acres0.03
Lot Size SourceAssessor
LotDimensionsSourceAssessor
Navigable Water Y/NNo
PoolNo Pool
Total Parking Spaces0
Type of ParkingNone
Water Oriented Y/NNo
Water SourcePublic
Water View Y/NNo
WaterfrontY/NNo
Additional Details
Price History
Aleksandar Tomic
Real Estate Professional