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1609 W Susquehanna Ave 6 Unit Apartment Building $196,875 ($32,813/Unit) Philadelphia, PA 19121
Executive Summary
This multi-property package near Temple University offers strong rental income potential and long-term appreciation in one of Philadelphia’s most in-demand rental markets. The portfolio may be sold individually or as a package, providing flexibility for investors of all sizes.
The offering includes 1609 W Susquehanna, 1611–15 W Susquehanna, 1631 W Susquehanna, 1633 W Susquehanna, 1635 W Susquehanna, 1637 W Susquehanna
These are all strategically positioned to attract students, faculty, and working professionals due to their proximity to campus and public transportation. 1609 W Susquehanna is a standout property featuring approximately 2,000 square feet, 6 bedrooms, and 3 full bathrooms. The home includes hardwood floors throughout, exposed brick accents, and a fully equipped basement kitchen. Each floor offers a full bathroom, enhancing tenant convenience and rental appeal. The additional properties in this six-property portfolio provide exceptional flexibility for rental income, redevelopment, or resale.
The entire portfolio is available for $1.4 million, with individual properties available for separate purchase. With consistently high rental demand, strong tenant appeal, and a location near Temple University with easy access to transit, this portfolio presents a compelling opportunity to capitalize on Philadelphia’s rental market.
The offering includes 1609 W Susquehanna, 1611–15 W Susquehanna, 1631 W Susquehanna, 1633 W Susquehanna, 1635 W Susquehanna, 1637 W Susquehanna
These are all strategically positioned to attract students, faculty, and working professionals due to their proximity to campus and public transportation. 1609 W Susquehanna is a standout property featuring approximately 2,000 square feet, 6 bedrooms, and 3 full bathrooms. The home includes hardwood floors throughout, exposed brick accents, and a fully equipped basement kitchen. Each floor offers a full bathroom, enhancing tenant convenience and rental appeal. The additional properties in this six-property portfolio provide exceptional flexibility for rental income, redevelopment, or resale.
The entire portfolio is available for $1.4 million, with individual properties available for separate purchase. With consistently high rental demand, strong tenant appeal, and a location near Temple University with easy access to transit, this portfolio presents a compelling opportunity to capitalize on Philadelphia’s rental market.
Property Facts
| Price | $196,875 | Building Class | C |
| Price Per Unit | $32,813 | Lot Size | 0.02 AC |
| Sale Type | Investment | Building Size | 3,216 SF |
| No. Units | 6 | Average Occupancy | 100% |
| Property Type | Multifamily | No. Stories | 3 |
| Property Subtype | Apartment | Year Built/Renovated | 1910/2010 |
| Apartment Style | Low-Rise | Opportunity Zone |
Yes
|
| Zoning | C2 | ||
| Price | $196,875 |
| Price Per Unit | $32,813 |
| Sale Type | Investment |
| No. Units | 6 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.02 AC |
| Building Size | 3,216 SF |
| Average Occupancy | 100% |
| No. Stories | 3 |
| Year Built/Renovated | 1910/2010 |
| Opportunity Zone |
Yes |
| Zoning | C2 |
Amenities
Unit Amenities
- Air Conditioning
- Heating
- Kitchen
- Refrigerator
- Oven
- Range
- Views
- Freezer
Site Amenities
- 24 Hour Access
- Picnic Area
- Recycling
- Trash Pickup - Curbside
- Walk-Up
- Smoke Detector
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Exceptionally walkable
100/100
Somewhat drivable
30/100
Exceptional public transit
90/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 161260300 | Improvements Assessment | $292,640 |
| Land Assessment | $73,160 | Total Assessment | $365,800 |
Property Taxes
Parcel Number
161260300
Land Assessment
$73,160
Improvements Assessment
$292,640
Total Assessment
$365,800
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