Philadelphia, PA 19121,2101 W SUSQUEHANNA AVE
Philadelphia, PA 19121,2101 W SUSQUEHANNA AVE
Philadelphia, PA 19121,2101 W SUSQUEHANNA AVE
Philadelphia, PA 19121,2101 W SUSQUEHANNA AVE
Philadelphia, PA 19121,2101 W SUSQUEHANNA AVE
Philadelphia, PA 19121,2101 W SUSQUEHANNA AVE
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$250,000

$299,000

16.4%
Est.Price: ?

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Est. payment /mo

3,081 SqFt


SOLD DATE : 08/31/2021

Key Details

Sold Price $250,000

Property Type Commercial

Sub Type Mixed Use

Listing Status Sold

Purchase Type For Sale

Square Footage 3,081 sqft

Price per Sqft $81

Subdivision Philadelphia (Northwest)

MLS Listing ID PAPH972186

Sold Date 08/31/21

HOA Y/N N

Originating Board BRIGHT

Year Built 1915

Annual Tax Amount $2,618

Tax Year 2021

Lot Size 1,360 Sqft

Acres 0.03

Lot Dimensions 17.00 x 80.00

Property Description

10+ cap just west of Temples campus. Just reduced, large 3-story CMX-1 corner property with ground floor commercial space and two 2-bedroom apartments upstairs. Tons of income potential in this blue-chip property located at a busy North Philly intersection. 1st floor commercial space is currently vacant with 2 separate entrances and access to the basement. Last tenant was renting just the back half of the space for $1,000/month. Vacant 2 bed, 1-bath apartments on the 2nd and 3rd floors are very large and should get $1,200/month when lightly renovated. They each have separate forced air HVAC systems with central air. These units are in decent shape and can quickly be rent-ready. Generate cash flow upstairs while you prepare the commercial space for your next tenant. Tons of exposure at a busy intersection with active beer distributor and grocery at other corners. Great long-term investment on a 17x80 lot. Do the math, conservative 10+ cap with potential to be a 14+ cap with the right tenants. Tremendous opportunity for a savvy investor. Schedule your showing, will not last!

Location

State PA

County Philadelphia

Area 19121 (19121)

Zoning CMX1

Interior

Hot Water Natural Gas

Heating Forced Air, Baseboard - Electric

Cooling Central A/C

Heat Source Natural Gas, Electric

Exterior

Waterfront N

Water Access N

Accessibility None

Parking Type On Street

Garage N

Building

Sewer Public Sewer

Water Public

New Construction N

Schools

School District The School District Of Philadelphia

Others

Tax ID 871522390

Ownership Fee Simple

SqFt Source Assessor

Special Listing Condition Standard

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Bright MLS (BMLS)
Listed by Bryan J Capone • KW Philly
Bought with Bryan J Capone • KW Philly
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