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    2101 W Susquehanna Avenue

    PHILADELPHIA, PA 19121
    • $299,000
    • STATUS: Active Under Contract
    • ON SITE: 175 days
    • ID#: PAPH972182
    Under Contract
    UPDATED: 56 min ago
    $299,000
    • 0
      BEDS
    • 0.03
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 3,081
      SQFT
    • $97
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1915
    County:

    School Ratings & Info

    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!

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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 Keller Williams Realty - Matt Fetick Team. 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: 2021-06-23T18:54:13.947.
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    2101 W Susquehanna Avenue PHILADELPHIA, PA 19121

    • Price: $299,000
    • Status: Active Under Contract
    • Updated: 56 min ago
    • ID#: PAPH972182
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.03
    Acres
    3,081
    SQFT
    $97
    $/SQFT
    1915
    Built
    Neighborhood:
    North Phila West
    County:
    Philadelphia
    Area:
    19121 (19121)
    School District:
    The School District Of Philadelphia
    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!
    Exterior Features

    Architectural Style Traditional Construction Materials Masonry Garage YN No Other Structures Above GradeBelow Grade Parking Types On Street Pool No Pool Riparian Rights YN No Water Access YN No Water Oriented YN No Water View YN No Waterfront YN No

    Interior Features

    Above Grade Fin SQFT 3081 Basement OtherUnfinished Basement YN Yes Below Grade Finished Area 0 Below Grade Unfinished Area 0 Cooling Central A/C Fireplaces Total 0 Heating Forced AirBaseboard - Electric Heating YN Yes Single Room Units 1 Three Bedroom Units 0 Two Bedroom Units 2

    Property Features

    Accessibility Features Ramp - Main Level Assessment Year 2021 Association YN No Central Air YN Yes Cooling Fuel Electric Cross Street 21st Heating Fuel Natural GasElectric Hot Water Natural Gas Municipality Philadelphia Navigable Water YN N Net Operating Income 42800.00 New Construction YN No Number Of Units Leased 0 Number Of Units Total 3 Number Of Units Vacant 3 Original MLSNumber 304425483077 Ownership Interest Fee Simple Possession Immediate Property Sub Type Triplex Rent Control YN No Sale Type Standard Sewer Public Sewer Structure Design Type End Of Row/Townhouse Tax Annual Amount 2618.00 Tax Assessment Amount 187000.00 Tax Lot 113 Total Actual Rent 52800.00 Vacation Rental YN No Water Source Public Zoning Cmx1

    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 Keller Williams Realty - Matt Fetick Team. 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: 2021-06-23T18:54:13.947.
     
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    Keller Williams Realty - Matt Fetick Team
    210 S Mill Rd Suite 104
    Kennett Square PA, 19348