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Tiesen Flats Condominium 2135 E Susquehanna Ave 13 Unit Apartment Building $4,500,000 ($346,154/Unit) Philadelphia, PA 19125

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INVESTMENT HIGHLIGHTS

  • This rare urban oasis-13 separately deeded residences with open courtyard
  • Architectural details such as authentic carriage house doors
  • Sprinkler & hard-wired alarm systems

EXECUTIVE SUMMARY

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. 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, authentic carriage house doors), separate utilities, interior sprinkler system, hard wired smoke detection, and monitored integral alarm system. 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 restaurants, shops, and entertainment venues Fishtown has to offer. TAX I.D. #888310105, #888310110, #888310115, #888310120, #888310125, #888310130, #888310135, #888310140, #888310145, #888310150, #888310155, #888310160, #888310165.

FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access

ANNUAL ANNUAL PER SF
Taxes $99,999 $9.99
Operating Expenses - -
Total Expenses $99,999 $9.99

FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access

Taxes
Annual $99,999
Annual Per SF $9.99
Operating Expenses
Annual -
Annual Per SF -
Total Expenses
Annual $99,999
Annual Per SF $9.99

PROPERTY FACTS

Price $4,500,000
Price Per Unit $346,154
Sale Type Investment
No. Units 13
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 0.26 AC
Building Size 16,343 SF
No. Stories 2
Year Built/Renovated 1900/2008
Opportunity Zone Yes
Zoning RM-1 - Residential-Mixed Use District for group dwellings in planned unit development

AMENITIES

UNIT AMENITIES

  • Air Conditioning
  • Balcony
  • Washer/Dryer
  • Heating
  • Freezer

SITE AMENITIES

  • 24 Hour Access
  • Courtyard
  • Tenant Controlled HVAC
  • Public Transportation
  • Smoke Detector

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
1+1 13 - 880 - 1,584
Walk Score®
Walker's Paradise (90)
Bike Score®
Very Bikeable (83)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®
  • Listing ID: 36740445

  • Date on Market: 7/15/2025

  • Last Updated:

  • Address: 2135 E Susquehanna Ave, Philadelphia, PA 19125

Contact the Sale Advisor

Tiesen Flats Condominium | 2135 E Susquehanna Ave

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