2031 E Susquehanna Ave, Philadelphia, PA 19125

Philadelphia
Local realty services provided by:ERA Reed Realty, Inc.
2031 E Susquehanna Ave,Philadelphia, PA 19125
$615,000
  • 6 Beds
  • - Baths
  • 2,310 sq. ft.
  • Multi-family
  • Pending
Listed by: toma holovatskyy, matin haghkar
Office: re/max plus
MLS#:PAPH2582090
Source:BRIGHTMLS

Price summary

  • Price:$615,000
  • Price per sq. ft.:$266.23

About this home

Inquire about the 3D walkthrough of the whole building! Price improvement, and now 2 of the 3 units renewed through Summer 2027! The top floor unit can be delivered vacant on August 1 for an owner-occupant or rented out if the buyer is an investor. A rare opportunity to acquire a fully renovated triplex in one of Philadelphia's most desirable markets. All three 2-bed/1-bath units have been updated with new kitchens, hardwood floors, central AC and heat, in-unit washer/dryer, and updated plumbing, electric, and mechanicals, making this a true turnkey asset with strong tenant demand from day one. The property currently generates $55,020 in annual gross rental income which would put it at 11.18x GRM which is better than the area average of 11.55x, even though two of the three units were leased $100 to $150 below market during the off-season in September & November. Lease expirations are in June, July, and August which align perfectly with peak rental season, giving the new owner a clear...

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Home facts

  • Year built:1917
  • Listing ID #:PAPH2582090
  • Added:93 day(s) ago
  • Updated:May 13, 2026 at 07:39 AM

Rooms and interior

  • Bedrooms:6
  • Rooms Total:6
  • Flooring:Hardwood
  • Kitchen Description:Dishwasher, Range Hood, Refrigerator
  • Basement:Yes
  • Living area:2,310 sq. ft.

Heating and cooling

  • Cooling:Central A/C
  • Heating:Forced Air, Natural Gas

Structure and exterior

  • Year built:1917
  • Building area:2,310 sq. ft.
  • Lot area:0.03 Acres
  • Construction Materials:Masonry
  • Exterior Features:Patio(s)

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$615,000
  • Price per sq. ft.:$266.23
  • Tax amount:$10,848 (2025)

Features and amenities

  • Amenities:Electric Available, Natural Gas Available

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