129-131 W SUSQUEHANNA AVENUEPHILADELPHIA, PA 19122
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$5,475129 & 131 W Susquehanna Avenue is a stabilized 10-unit multifamily investment located directly on Norris Square Park in the Norris Square section of Philadelphia. The property features a diversified unit mix and strong occupancy, generating consistent rental income with zero vacancy. At the offering price, the asset delivers an attractive going-in cap rate with additional upside through continued rent optimization, unit upgrade improvements, and long-term market appreciation. This opportunity is well-suited for both cash-flow-focused investors and value-oriented buyers seeking a stable asset in an improving Philadelphia submarket. Investment Highlights -10-unit stabilized multifamily asset -Strong in-place income with 0% vacancy at underwriting -Attractive entry basis at $120,000 per unit -Going-in cap rate of 7.05% on in-place NOI -Diversified unit mix supporting tenant demand -Ideal for long-term hold or leveraged cash-flow strategy -Located directly on and facing Norris Square Park -2 blocks away from Fishtown
| 3 hours ago | Listing updated with changes from the MLS® | |
| 3 hours ago | Listing first seen on site |
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