1345 E Susquehanna Ave, Philadelphia, PA 19125 | For Sale

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For Sale $3,500,000 ($200.00 per Sq Ft)

$3,500,000 ($200.00 per Sq Ft)
  • (0)
  • 3 Units
  • 17,500 Sq Ft
  • 9,279 Sq Ft
  • Unknown Cap Rate

Description

Discover a property that sparks the imagination and offers endless possibilities. This iconic Fishtown building, with its rich history and modern updates, is a true gem. Constructed between 1845 and 1860 during the Civil War, it was founded by Anthony Atwood S.S. and Robert H. Pattison as Siloam Methodist Church. Standing over 60 feet tall, the solid stone structure boasts 128 solar panels on the roof, installed in 2013. These panels generate 34,000-36,000 kilowatts annually, covering most of the building's electric bill. The solar system includes four inverters in the basement and primarily powers the main unit. The exterior features a charming courtyard with stamped concrete paving, a 22-foot electric door, 2-3 parking spaces, and an 8-foot white cedar fence providing security and privacy.

The interior is equally impressive. The stunning entrance features grand mahogany staircases leading to the upper floors. The first floor includes a photography studio, kitchen, lounge area, makeup corner, and full bathroom in a wide-open loft space. The sanctuary, with a 35-foot ceiling and stained glass windows, is vibrant and full of potential, though still unfinished. The third floor, the owner's unit, combines old-world charm with modern design, including salvaged doors, a unique three-sink vanity, and a stained glass shower stall. Two large bedrooms and a custom-built dressing room complete the space. The full basement offers 3,500 square feet with 10-foot ceilings, a kitchenette, two bathrooms, and ample storage.

The property also includes two additional loft apartments, each with separate electric and gas meters, large kitchens, bathrooms, shared laundry, and private entrances. Units rent for $2,000 and $2,500 monthly, with the main studio available for $1,400 daily. Recent renovations include a new roof (2023), new downspouts (2022), and mechanical upgrades. The sanctuary has been demoed and plastered, with the balcony converted into bedrooms, a bathroom, laundry room, and dressing room. Six HVAC units heat and cool the various spaces, ensuring comfort throughout.

The stellar location offers easy access to local restaurants, bars, and shopping. Local favorites like Green Eggs Cafe, Riverwards Produce, Suraya, La Colombe, LMNO and so many more. Not to mention, it's located in The Adaire School catchment, easy 1-95 access to Center City Philly, NJ and NYC. Don’t miss this unique opportunity to own a piece of Philadelphia's history!

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Amenities

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

Income

Rental Units


The income description goes here to explain

Expenses

Property Details

List Price $3,500,000
Property Type Other
Usable Sqft 17,500
Number of Stories 0 stories
Parking Spots 0 spots
Year Built 1860
Last Sold Unknown
Sold Price Unknown
APN # 181251430
MLS # PAPH2381902
Property ID 320726282
Lot Sqft 9,279
Zoning RSA5
Total Units 3
Days on Market 106
Original List Price Unknown
Date Updated September 19, 2024
Date Created August 16, 2024

Financials not available online. Please inquire with your agent for more details.

Listing Provided By

Dominic V Fuscia an agent of . Lic #RS294492


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Data last updated: November 30, 2024.
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