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2031 E Susquehanna Ave
Coming Soon $630,000 ($272.73 per Sq Ft)
$630,000 ($272.73 per Sq Ft)
- Unknown Bedrooms
- Unknown Bathrooms
- 2,310 Sq Ft
- 1,141 Sq Ft
Description
A rare opportunity to own a recently renovated triplex featuring three 2-bedroom, 1-bath apartments in one of Philadelphia’s most sought-after markets, especially for small multifamily buildings.
Photos, a 3D tour, and video walkthroughs will be available shortly. Showings begin on Valentine’s Day, placing you just steps away from some of the area’s best restaurants and nightlife.
Priced at 11.63 GRM, almost in line with the neighborhood average of around 11.55 GRM, this property presents a compelling opportunity for investors seeking a stable, income-producing asset or for house hackers looking to gain a foothold in the real estate market by living in one unit while renting the others.
Currently generating $54,180 in annual rental income with units 2 & 3 ending May 30th & July 31, 2026 & unit 1 ending May 2027. Central AC & Heating, new kitchens, 3 sets of washers and dryers. Some units are underrented, so there is definitely an opportunity for the new owner to improve financial metrics. 5.83% CAP rate, including $500 trash, $150 rental license fee, $10,800 annual tax (which is incorrect, so it can and should be appealed; the city put $750k assesment), $1,200/year for water, 3% for vacancy, & 3% for maintenance. Leases, applications & rent history available.
Inquire for additional details.
Owner
Do you own or manage this property?
This is My PropertyAmenities
Garage
Pool
Garden
Security System
Internet
Telephone
Heating
Fireplace
Balcony & Patio
TV / Cable
Laundry
Hardwood Floors
Spa
Air Conditioning
Solar Power
Floor Plan
Great Views
Natural Light
Quiet
Water View
Elevator
Guest Unit(s)
Furnished
220 Volt
Property Details
| List Price | $630,000 |
| Property Type | Triplex (3-units) |
| Usable Sqft | 2,310 |
| Number of Stories | 0 stories |
| Parking Spots | 0 spots |
| Year Built | 1917 |
| Last Sold | Unknown |
| Sold Price | Unknown |
| APN # | 313038200 |
| MLS # | PAPH2582090 |
| Property ID | 318519400 |
| Lot Sqft | 1,141 |
| Zoning | RM1 |
| Total Units | 3 |
| Applicances | Dishwasher,Range Hood,Refrigerator,Washer,Dryer% |
| Date Updated | February 10, 2026 |
| Date Created | February 07, 2026 |
| Unit # | Beds | Baths | Current Rent | Proforma Rent |
| Unit #1 | $54,180 | $0 |
| Net Income (Yr) | $ 36,731 |
| Cap Rate | 5.83% |
Listing Provided By
Toma Holovatskyy an agent of RE/MAX Plus.
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Data last updated: February 13, 2026.
Contact Agent
Schedule Appointment
Showing Agent
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- 30 mins
- America/Phoenix
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Robert Crawford
REAL ESTATE AGENT