REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
Listed by Eric R Fargnoli • KW Empower
$ 1,250,000
Est. payment /mo
New
518 W SUSQUEHANNA AVE Philadelphia, PA 19122
5,952 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Five Or More Units
Listing Status Active
Purchase Type For Sale
Square Footage 5,952 sqft
Price per Sqft $210
MLS Listing ID PAPH2529852
Year Built 2025
Annual Tax Amount $750
Tax Year 2024
Lot Size 1,984 Sqft
Acres 0.05
Lot Dimensions 32.00 x 62.00
Property Sub-Type Five Or More Units
Source BRIGHT
Property Description
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 is completed and leasing is in process. 5 Unit Mix: (2) - 3bd /3ba bilevel, (2) - 2bd/2ba bilevel, (1) - 2bd/1.5bath.
Location
State PA
County Philadelphia
Area 19122 (19122)
Zoning RM1
Interior
Hot Water Electric
Heating Central
Cooling Central A/C
Heat Source Electric
Exterior
Water Access N
Accessibility None
Garage N
Building
Foundation Concrete Perimeter
Sewer Public Sewer
Water Public
New Construction Y
Schools
School District Philadelphia City
Others
Tax ID 191394700
Ownership Fee Simple
SqFt Source Estimated
Special Listing Condition Standard
