- ERA
- Pennsylvania
- Philadelphia
- 2031 E Susquehanna Ave
2031 E Susquehanna Ave, Philadelphia, PA 19125
Local realty services provided by:ERA Reed Realty, Inc.
Listed by: toma holovatskyy, matin haghkar
Office: re/max plus
MLS#:PAPH2582090
Source:BRIGHTMLS
Price summary
- Price:$630,000
About this home
A rare opportunity to own a recently renovated triplex featuring three 2-bedroom, 1-bath apartments in one of Philadelphia’s most sought-after markets, especially for small multifamily buildings.
Photos, a 3D tour, and video walkthroughs will be available shortly. Showings begin on Valentine’s Day, placing you just steps away from some of the area’s best restaurants and nightlife.
Priced at 11.63 GRM, almost in line with the neighborhood average of around 11.55 GRM, this property presents a compelling opportunity for investors seeking a stable, income-producing asset or for house hackers looking to gain a foothold in the real estate market by living in one unit while renting the others.
Currently generating $54,180 in annual rental income with units 2 & 3 ending May 30th & July 31, 2026 & unit 1 ending May 2027. Central AC & Heating, new kitchens, 3 sets of washers and dryers. Some units are underrented, so there is definitely an opportunity for the new owner to improve financial metrics. 5.83% CAP rate, including $500 trash, $150 rental license fee, $10,800 annual tax (which is incorrect, so it can and should be appealed; the city put $750k assesment), $1,200/year for water, 3% for vacancy, & 3% for maintenance. Leases, applications & rent history available.
Inquire for additional details.
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Home facts
- Year built:1917
- Listing ID #:PAPH2582090
- Added:1 day(s) ago
- Updated:February 10, 2026 at 04:12 AM
Rooms and interior
- Bedrooms:6
Heating and cooling
- Cooling:Central A/C
- Heating:Forced Air, Natural Gas
Structure and exterior
- Year built:1917
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$630,000
- Tax amount:$10,848 (2025)
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