Property
Philadelphia, PA 19122 518 W Susquehanna Avenue
$1,250,000
18 more
Presented By: KW Empower
Beds • 11
Home Details
New Construction 5 unit apartment building in hot Norris Square area with 10 year tax abatement. Estimated rents over $9,000/month with an efficient unit mix and located in a QOZ (qualified opportunity zone) for maximum tax benefits. All units have private outdoor spaces with decks, roof decks, and patios. Large comfortable layouts with modern finishes and great natural lighting. High quality materials like TPO roofing, full red brick front, Pella windows, custom metal railings, large entry lobby. Construction will be completed in the next 45 days and listing photos are an example of the builder's previous apartment buildings. Leasing is in process. 5 Unit Mix: (2) - 2bd + den/3ba bilevel, (2) - 2bd/2ba bilevel, (1) - 1bd + den/1.5bath
Presented By: KW Empower
Interior Features for 518 W Susquehanna Avenue
Bedrooms
Three Bedroom Units Count2
Other Interior Features
LivingAreaSourceEstimated
Central Air Y/NYes
Fireplace Y/NNo
Heating FuelElectric
Heating Y/NYes
Hot WaterElectric
General for 518 W Susquehanna Avenue
AccessibilityNone
Architectural StyleContemporary
CityPHILADELPHIA
Construction Completed Y/NNo
Construction MaterialsBrick, Vinyl Siding
Cool FuelElectric
CoolingCentral A/C
CountyPHILADELPHIA
Directions5th and W Susquehanna Ave
Garage Y/NNo
HeatingCentral
Lot Size Square Feet1984.00
Lot Size UnitsSquare Feet
MLS Area19122 (19122)
ModificationTimestamp2025-03-28T10:43:17
MunicipalityPHILADELPHIA
New ConstructionYes
Number Of Units Total4
Number of Units Leased5
One Bedroom Units Count1
Other StructuresAbove Grade, Below Grade
Other UnitsUnit 1, Unit 2, Unit 4, Unit 5, Unit 3
OwnershipFee Simple
Possession90-120 Days CD
Price Per Sq Ft Total AG210.01
Property ConditionExcellent
Property SubtypeOther
Property TypeMulti-Family
School DistrictPHILADELPHIA CITY
SewerPublic Sewer
Single Room Units Count0
Standard StatusActive
StatusACTIVE
Structure TypeInterior Row/Townhouse
Tax Annual Amount750.0
Tax Assessed Value53600.0
Tax Lot132
Tax Year2024
Total Actual Rent108000.00
Total SQFT5952
Two Bedroom2
Vacation Rental Y/NNo
Water Access Y/NNo
Waterfront Y/NNo
Year Built2025
Year Built SourceEstimated
ZoningRM1
Exterior for 518 W Susquehanna Avenue
Foundation DetailsConcrete Perimeter
Land Assessed Value53600.00
Land Use CodeSR
Lot Dimensions32.00 x 62.00
Lot Size Acres0.05
Lot Size SourceEstimated
LotDimensionsSourceEstimated
Navigable Water Y/NNo
PoolNo Pool
Type of ParkingOn Street
Water Oriented Y/NNo
Water SourcePublic
Water View Y/NNo
Additional Details
Price History
Jenniffer Bravo Llerena
Associate
Price
$1,250,000
MLS#PAPH2463134
List Date
03/28/2025
Property Type
Multi-Family
Phone
(862) 444-9492