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2358 E Susquehanna Avenue

PHILADELPHIA, PA 19125
  • $539,900
  • STATUS: Active Under Contract
  • ON SITE: 43 Days
  • ID#: PAPH2102574
Under Contract
$539,900
  • 0
    BEDS
  • 0.02
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 3,375
    SQFT
  • $160
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1875
County:

School Ratings & Info

Description

This 4 unit building in Fishtown has an abundance of potential. The current owner bought recently and started a renovation but is now relocating and needs to sell. There was an ample amount of deferred maintenance when buyer purchased. Among the work that has already been completed includes: All new roofing, 3rd floor siding and downspouts done Dec 2020, 2nd floor roof deck repaired from leaking and underside in unit 4 repaired in 2021, bathrooms and kitchens were rough demo'd, and junk/appliance removal from basement and rest of building. The property is situated on a bustling intersection comprised of Loco Pez, Cedar Point Bar & Kitchen, a laundromat, Coffee Shop, and a yoga studio. So many things to do in one place! One of the units(Efficiency) is currently rented for $700/mo on a month to month lease. The other units are a 2BR/1BA unit on first floor with basement Laundry access, a 2BR/1BA unit on the second and third floors is spaced out with an abundance of old building character, and a final unit with 3BR/2BA with 2 rooftop deck areas, and a ton of natural light. The potential here is huge as many sold, comparable 4 unit buildings of this size are close to or over a Million dollars. There is also the potential for commercial use if desired but that must be verified by buyer. There is so much potential here for someone willing to take on the renovation. The rewards would prove to be quite large.

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©2022 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or Charis Realty Group. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2022-05-21T23:50:35.697.
www.charisrealtygroup.com/homes/127540889
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2358 E Susquehanna Avenue PHILADELPHIA, PA 19125

  • Price: $539,900
  • Status: Active Under Contract
  • On Site: 43 Days
  • ID#: PAPH2102574
0
Beds
0
Baths
0
½ Baths
0.02
Acres
3,375
SQFT
$160
$/SQFT
1875
Built
Neighborhood:
19125 (19125)
County:
Philadelphia
Area:
19125 (19125)
School District:
The School District Of Philadelphia
Property Description
This 4 unit building in Fishtown has an abundance of potential. The current owner bought recently and started a renovation but is now relocating and needs to sell. There was an ample amount of deferred maintenance when buyer purchased. Among the work that has already been completed includes: All new roofing, 3rd floor siding and downspouts done Dec 2020, 2nd floor roof deck repaired from leaking and underside in unit 4 repaired in 2021, bathrooms and kitchens were rough demo'd, and junk/appliance removal from basement and rest of building. The property is situated on a bustling intersection comprised of Loco Pez, Cedar Point Bar & Kitchen, a laundromat, Coffee Shop, and a yoga studio. So many things to do in one place! One of the units(Efficiency) is currently rented for $700/mo on a month to month lease. The other units are a 2BR/1BA unit on first floor with basement Laundry access, a 2BR/1BA unit on the second and third floors is spaced out with an abundance of old building character, and a final unit with 3BR/2BA with 2 rooftop deck areas, and a ton of natural light. The potential here is huge as many sold, comparable 4 unit buildings of this size are close to or over a Million dollars. There is also the potential for commercial use if desired but that must be verified by buyer. There is so much potential here for someone willing to take on the renovation. The rewards would prove to be quite large.
Exterior Features

Architectural Style Converted DwellingDwelling With Rental Construction Materials Masonry Garage YN No Other Structures Above GradeBelow Grade Parking Features Parking Fee Parking Types On Street Pool No Pool Property Condition Major Rehab Needed Riparian Rights YN No Roof Flat Water Access YN No Water Oriented YN No Water View YN No Waterfront YN No

Interior Features

Above Grade Fin SQFT 3375 Below Grade Finished Area 0 Below Grade Unfinished Area 0 Cooling None Fireplace YN No Fireplaces Total 0 Heating Baseboard - Hot WaterRadiator Heating YN Yes Inclusions Washer(1) & Dryer(1) Single Room Units 1 Three Bedroom Units 1 Two Bedroom Units 2

Property Features

Acceptable Financing CashConventionalFha 203(K)Joint VentureNegotiableOther Accessibility Features None Assessment Year 2022 Central Air YN No Cooling Fuel None Existing Lease Type Month To Month Foundation Details Concrete PerimeterStone Heating Fuel Natural Gas Historic YN No Hot Water Electric Municipality Philadelphia Navigable Water YN N New Construction YN No Number Of Units Leased 1 Number Of Units Total 4 Number Of Units Vacant 3 Original MLSNumber 801462955078 Ownership Interest Fee Simple Possession 0-30 Days Cd Property Sub Type Quadruplex Rent Control YN No Sale Type Standard Sewer Public Sewer Structure Design Type End Of Row/Townhouse Tax Annual Amount 4259.00 Tax Assessment Amount 304300.00 Tax Lot 134 Utilities Cable TvElectric AvailablePhoneNatural Gas Available Vacation Rental YN No Water Source Public Zoning Cmx2

Listing courtesy of Compass.


©2022 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or Charis Realty Group. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2022-05-21T23:50:35.697.
 
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