1808 W Susquehanna Ave, Philadelphia, PA 19121
Local realty services provided by:O'BRIEN REALTY ERA POWERED
1808 W Susquehanna Ave,Philadelphia, PA 19121
$529,000
- 5 Beds
- - Baths
- 2,466 sq. ft.
- Multi-family
- Active
Listed by: guillermo salas iii, danielle py-salas
Office: exp realty, llc.
MLS#:PAPH2564854
Source:BRIGHTMLS
Price summary
- Price:$529,000
- Price per sq. ft.:$214.52
About this home
REO Sale — Calling All Investors! $52,800 Gross Annual Income Potential. This mixed-use triplex, located just steps from Temple University’s Main Campus, offers outstanding value-add potential and a projected 8% cap rate based on current pro-forma numbers.
With projected market rents of $4,400/month (≈ $52,800/year), this asset delivers a strong income profile. After expenses, the building produces a projected NOI of $42,553, making this an attractive opportunity for buy-and-hold investors seeking solid returns in a rapidly developing corridor.
The property features a bi-level white box commercial space on the first floor that has a layout perfectly suited for a barber shop, salon, or personal-service business. The space is ready for an investor or entrepreneur to complete and capture commercial income immediately. Upstairs are two full-floor residential units, each configured as 2 bedrooms / 2 bathrooms, spanning the entire 2nd and 3rd floors. These units offer spacious layouts, strong rental appeal, and excellent upside—especially in a market where well-located 2BR units near Temple can command premium rents.
The building is currently vacant, allowing for a full renovation strategy, immediate repositioning, or lease-up without tenant interruptions. Whether you’re an investor seeking cash flow, value-add potential, or long-term appreciation, this property presents a rare opportunity at a compelling price point.
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Home facts
- Year built:1915
- Listing ID #:PAPH2564854
- Added:235 day(s) ago
- Updated:January 09, 2026 at 12:26 PM
Rooms and interior
- Bedrooms:5
- Living area:2,466 sq. ft.
Heating and cooling
- Cooling:Central A/C
- Heating:Central, Natural Gas
Structure and exterior
- Year built:1915
- Building area:2,466 sq. ft.
- Lot area:0.03 Acres
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$529,000
- Price per sq. ft.:$214.52
- Tax amount:$2,753 (2024)
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