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2049 E Susquehanna Ave 4 Unit Apartment Building Offered at $675,000 at a 6.23% Cap Rate Philadelphia, PA 19125



EXECUTIVE SUMMARY
MPN Realty, Inc, is pleased to present the exclusive sale of 2049 E Susquehanna Avenue. Located in the Norris Square neighborhood of Philadelphia, this property sits a couple of blocks off of Frankford Ave, one of Philadelphia’s hottest retail streets. The property consists of Four (4) units and presents an excellent opportunity for both first-time investors and established multifamily owners.
Unit mix includes One (1) – 1 bed / 1 bath with a yard, One (1) – 2 bed / 1 bath, and Two (2) studio apartments
Unit mix includes One (1) – 1 bed / 1 bath with a yard, One (1) – 2 bed / 1 bath, and Two (2) studio apartments
PROPERTY FACTS
| Price | $675,000 | Property Type | Multifamily |
| Price Per Unit | $168,750 | Building Size | 2,914 SF |
| Sale Type | Investment | No. Stories | 3 |
| Cap Rate | 6.23% | Year Built | 1875 |
| No. Units | 4 | Opportunity Zone |
Yes
|
| Zoning | RSA-5 | ||
| Price | $675,000 |
| Price Per Unit | $168,750 |
| Sale Type | Investment |
| Cap Rate | 6.23% |
| No. Units | 4 |
| Property Type | Multifamily |
| Building Size | 2,914 SF |
| No. Stories | 3 |
| Year Built | 1875 |
| Opportunity Zone |
Yes |
| Zoning | RSA-5 |
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Walk Score®
Very Walkable (82)
Bike Score®
Very Bikeable (81)
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