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    1611-15 W Susquehanna Avenue

    PHILADELPHIA, PA 19121
    • $2,800,000
    • STATUS: Active
    • ON SITE: 20 days
    • ID#: PAPH1007300
    UPDATED: 206 min ago
    $2,800,000
    • 0
      BEDS
    • 0.06
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Commercial
    Built:
    1915
    County:

    School Ratings & Info

    Description

    Welcome to 1609-1615 and 1631-1637 West Susquehanna. This 18-unit package just came to the hot Temple Market. All 18 units are fully leased with a mix of residential and commercial. Four of the eight properties are currently rented to a drug rehab center with a triple net lease in place. The other four properties have a mix of studio, 1 and 2 bedrooms. The commercial unit is rented to a daycare. The total monthly rent is $21,100. This is a perfect package for a seasoned investor looking for turnkey properties with high cash flow in a area with a lot of potential.

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    ©2021 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or LoCoMusings | Century 21 Redwood Realty. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2021-05-05T23:51:21.433.
    www.locomusings.com/homes/116147393
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    1611-15 W Susquehanna Avenue PHILADELPHIA, PA 19121

    • Price: $2,800,000
    • Status: Active
    • Updated: 206 min ago
    • ID#: PAPH1007300
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.06
    Acres
    1915
    Built
    Neighborhood:
    19132 (19132)
    County:
    Philadelphia
    Area:
    19132 (19132)
    School District:
    The School District Of Philadelphia
    Property Description
    Welcome to 1609-1615 and 1631-1637 West Susquehanna. This 18-unit package just came to the hot Temple Market. All 18 units are fully leased with a mix of residential and commercial. Four of the eight properties are currently rented to a drug rehab center with a triple net lease in place. The other four properties have a mix of studio, 1 and 2 bedrooms. The commercial unit is rented to a daycare. The total monthly rent is $21,100. This is a perfect package for a seasoned investor looking for turnkey properties with high cash flow in a area with a lot of potential.
    Exterior Features

    Construction Materials Masonry Garage YN No Parking Types On Street Riparian Rights YN No Water Access YN No Water Oriented YN No Water View YN No Waterfront YN No

    Interior Features

    Building Area Total 6399.00 Cooling Central A/C Heating Forced Air Heating YN Yes Net Square Feet 20000.00

    Property Features

    Accessibility Features None Annual Gross Expense 36905.00 Assessment Year 2021 Association Expense 0.00 Association YN No Business Type Day Care Facility Central Air YN Yes Cooling Fuel Electric Electric Expense 1260.00 Gross Income 245916.00 Heating Fuel Natural Gas Hot Water Natural Gas Incorporated City Name Philadelphia Insurance Expense 8000.00 Maintenance Expense 1600.00 Navigable Water YN N Net Operating Income 209011.00 New Construction YN No Number Of Units Total 18 Operating Expense 14800.00 Operating Expense Includes ElectricHeating/CoolingInsuranceRepair/MaintenanceTrashWaterOther Original MLSNumber 304560926687 Other Expense 5470.00 Owner Pays InsuranceGasElectricityRepairsTaxes - Real EstateWaterTrash CollectionOther Ownership Interest Fee Simple Possession Immediate0-30 Days Cd31-60 Days Cd61-90 Days Cd Property Sub Type Five Or More Units Sale Type Standard Sewer Public Sewer Tax Annual Amount 4390.00 Tax Assessment Amount 313600.00 Tax Lot 407 Total Actual Rent 254880.00 Trash Expense 1800.00 Vacation Rental YN No Water Source Public Zoning Cmx2

    Listing courtesy of Keller Williams Philly.


    ©2021 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or LoCoMusings | Century 21 Redwood Realty. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2021-05-05T23:51:21.433.
     
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