Philadelphia, PA 19121,2101 W SUSQUEHANNA AVE
Philadelphia, PA 19121,2101 W SUSQUEHANNA AVE
Philadelphia, PA 19121,2101 W SUSQUEHANNA AVE
$250,000
Est. payment /mo
$299,000
16.4%
Est.Price: ?

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3,081 SqFt
SOLD DATE : 08/31/2021

Key Details

Sold Price $250,000

Property Type Multi-Family

Sub Type End of Row/Townhouse

Listing Status Sold

Purchase Type For Sale

Square Footage 3,081 sqft

Price per Sqft $81

Subdivision Philadelphia (Northwest)

MLS Listing ID PAPH972182

Sold Date 08/31/21

Style Traditional

HOA Y/N N

Abv Grd Liv Area 3,081

Originating Board BRIGHT

Year Built 1915

Annual Tax Amount $2,618

Tax Year 2021

Lot Size 1,360 Sqft

Acres 0.03

Lot Dimensions 17.00 x 80.00

Property Description

10+ cap just west of Temples campus. Just reduced, large 3-story CMX-1 corner property with ground floor commercial space and two 2-bedroom apartments upstairs. Tons of income potential in this blue-chip property located at a busy North Philly intersection. 1st floor commercial space is currently vacant with 2 separate entrances and access to the basement. Last tenant was renting just the back half of the space for $1,000/month. Vacant 2 bed, 1-bath apartments on the 2nd and 3rd floors are very large and should get $1,200/month when lightly renovated. They each have separate forced air HVAC systems with central air. These units are in decent shape and can quickly be rent-ready. Generate cash flow upstairs while you prepare the commercial space for your next tenant. Tons of exposure at a busy intersection with active beer distributor and grocery at other corners. Great long-term investment on a 17x80 lot. Do the math, conservative 10+ cap with potential to be a 14+ cap with the right tenants. Tremendous opportunity for a savvy investor. Schedule your showing, will not last!

Location

State PA

County Philadelphia

Area 19121 (19121)

Zoning CMX1

Rooms

Basement Other, Unfinished

Interior

Hot Water Natural Gas

Heating Forced Air, Baseboard - Electric

Cooling Central A/C

Heat Source Natural Gas, Electric

Exterior

Waterfront N

Water Access N

Accessibility Ramp - Main Level

Parking Type On Street

Garage N

Building

Sewer Public Sewer

Water Public

Architectural Style Traditional

Additional Building Above Grade, Below Grade

New Construction N

Schools

School District The School District Of Philadelphia

Others

Tax ID 871522390

Ownership Fee Simple

SqFt Source Assessor

Special Listing Condition Standard

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Bright MLS (BMLS)
Listed by Bryan J Capone • KW Philly
Bought with Bryan J Capone • KW Philly

Jason Freeby

Real Estate Team Leader

+1(908) 443-1405

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