Residential Income Property With
For Sale
$282,000
Pending
2135 E SUSQUEHANNA AVENUE Unit 1C, Philadelphia, PA 19125
The unit combines exposed brick, soaring ceilings, a modern kitchen, and carriage doors opening directly outdoors.
Property Size955 SF
Days on Market55
Property Features for 2135 E SUSQUEHANNA AVENUE Unit 1C
General Information
Standard status
Pending
Size
955 SF
Property subtype
Unit/Flat/Apartment
Site & Location
Neighborhood
Stanton
Public Transit
Yes
Additional Details
Multifamily Units
1
Taxes and HOA fees
Annual Taxes
$3,857
Amenities
shared courtyard
Building Details
Building Size
955 SF
Year Built
1900
Construction
loft
Listing Agency:
BHHS Fox & Roach-Chestnut Hill
Listed By:
Paula L Seitchik · License #RS273926
(215) 247-3750
Source:
Patmckennarealtors
Added: Sep 8
Changed: Oct 31
Last Checked: Nov 1 at 12:29PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of BHHS Fox & Roach-Chestnut Hill
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Investment Insights
Based on property information with market context.
Unit 1C is an open loft-style residence within a 13-unit building constructed in 1900. The interior includes exposed brick, soaring ceiling heights, carriage doors that open outside, and a spacious living area. The kitchen features white cabinetry, a prep island, and quartz countertops, while a room divider creates a defined sleeping area. Additional details include a bathroom with a vanity and shower and an architectural artifact incorporated into the space.
Residents share a courtyard designed for gardening and gathering. The property is located at 2135 E Susquehanna Avenue in Philadelphia’s Fishtown area, one block from restaurants, shops, and entertainment venues. The EL and local bus lines are a few blocks away.
Residents share a courtyard designed for gardening and gathering. The property is located at 2135 E Susquehanna Avenue in Philadelphia’s Fishtown area, one block from restaurants, shops, and entertainment venues. The EL and local bus lines are a few blocks away.
Key Highlights
- Open loft‑style unit in a 13‑unit building
- Exposed brick and soaring ceiling heights
- Carriage doors provide direct access to the outside
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$15,022
Cap Rate
5.33%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$300,440
$300.4K
Cap Rate 7%
$214,600
$214.6K
Cap Rate 9%
$166,911
$166.9K
Market Conditions
NOI Build-Up for 955 SF
Gross rent
$29.0K $30.36/SF
− Vacancy
−$1.7K −$1.76/SF
EGI
$27.3K $28.60/SF
− OpEx
−$12.3K −$12.87/SF
NOI
$15.0K $15.73/SF
Area
Philadelphia, PA
Vacancy
5.80%
Lease Rate
$30.36 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$300,440
Cap Rate 7%
$214,600
Cap Rate 9%
$166,911
Alternative Uses
Best Use
Apartment 5plus
$214.6K
$187.8K – $250.4K
NOI $15,022 @ 7.0% cap · market cap 5.33%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$232.8K
$203.7K – $271.6K
NOI $16,297 @ 7.0% cap · market cap 5.78%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
1,457
Businesses Nearby
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Business Placement
Demographics for 19125, PA
25,325
Population
13,055
Households
1.9
Avg Household Size
34
Median Age
64%
College-Educated
94%
High-School Grad
1.4 sq mi
ZIP Area
18,089
Density / Sq Mi
$110,842
Median Household Income
$62,656
Median Earnings
$1,743
Median Rent
$373,600
Median Home Value
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Frequently Asked Questions
What type of property is this?
Residential income property - The unit combines exposed brick, soaring ceilings, a modern kitchen, and carriage doors opening directly outdoors.
Where is this residential income property located?
The property is located at 2135 E SUSQUEHANNA AVENUE Unit 1C Philadelphia, PA.
What is the asking price?
The asking price for this property is $282,000.
What are key features of this property?
This property features: Open loft‑style unit in a 13‑unit building; Exposed brick and soaring ceiling heights; Carriage doors provide direct access to the outside
