129-131 W SUSQUEHANNA AVE, Philadelphia, PA 19122

Property Description

129 & 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

Listing Status:

Active

Data Last Updated:

March 24, 2026 at 7:18AM

Listing Office:

Trophy Commercial Real Estate LLC : 2156085745

Listing Agent:

Saam Tashayyod : 2156085745

MLS ID:

PAPH2592042

Interior

• A/C: Other
• Heating: Hot WaterOther
• Disability Feature: Other

Construction

• General: Masonry

Location

• Originating MLS: BRIGHT_MAIN
• School District: PHILADELPHIA CITY
• County: PHILADELPHIA-PA

Lot

• Zoning: RM1881299306

Utilities

• Water: Private
• Sewer: PrivateSewer

Financial

• Source: BRIGHT_MAIN