1808 W SUSQUEHANNA Avenue, Philadelphia, PA 19121
MULTI_FAMILY - Other - PHILADELPHIA, PA
- Added:
- Dec 8, 2025
- Days on Market:
- 201
- Last Refresh:
- Jun 27 at 3:06 pm
Property Features for 1808 W SUSQUEHANNA Avenue
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Rooms
- Basement
- Parking features
- On Street
- Standard status
- Active
- Size
- 2,466 SF
- Lot size
- 0.03 Acres
Taxes and HOA fees
- Tax Annual Amount
- 2753
Utilities
- Heating system
- Central
- Cooling system
- Central Air
Building Details
- Year built
- 1915
- Number of units
- 3
- Building materials
- Masonry
- Architectural style
- Other
Listing agent Guillermo Salas III License #AB067011 (484) 429-6025
Listing office EXP Realty, LLC 630 Freedom Business Ctr Drive unit: 300, Philadelphia, PA (888) 397-7352
Listing date Dec 8, 2025
Copyright © 2026 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- High cash‑flow potential with projected $52,800/year gross rent and a pro‑forma 9.5% cap rate.
- Value‑add opportunity with a vacant bi‑level commercial space ready for immediate repositioning.
- Two spacious, full‑floor 2BD/2BA residential units with strong rental appeal.
- Currently vacant, allowing for immediate renovations, repositioning, or lease‑up.
- Projected NOI of $42,553, offering attractive returns.
- Located steps from Temple University's Main Campus.
Overview
Positioned in Philadelphia, the property is described as being steps from Temple University’s main campus. With its mixed-use configuration, the building supports both ground-floor commercial activity and residential rental income from the two upstairs units.
For investors and value-add operators, the current vacancy presents an opportunity to complete needed improvements and bring the commercial space and residential units to market. The offering materials include projected gross rents of approximately $52,800 per year and a pro-forma 9.5% cap rate. After expenses, the projection provides a projected NOI of $42,553. With both commercial and residential components in one asset, buyers can underwrite the property as an operator-managed, multiple-income-stream platform while tailoring the scope of work to the intended tenant and rental finish-out.
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Philadelphia
- County
- Delaware
- State
- Pennsylvania
- Longitude
- -75.16304
- Latitude
- 39.98698
