1808 W SUSQUEHANNA AVE, Philadelphia, PA 19121

• 2,466 sqft

Property Description

REO Sale — Calling All Investors! $52,800 Gross Annual Income Potential. This mixed-use triplex, located just steps from Temple University’s Main Campus, offers outstanding value-add potential and a projected 8% cap rate based on current pro-forma numbers. With projected market rents of $4,400/month (≈ $52,800/year), this asset delivers a strong income profile. After expenses, the building produces a projected NOI of $42,553, making this an attractive opportunity for buy-and-hold investors seeking solid returns in a rapidly developing corridor. The property features a bi-level white box commercial space on the first floor that has a layout perfectly suited for a barber shop, salon, or personal-service business. The space is ready for an investor or entrepreneur to complete and capture commercial income immediately. Upstairs are two full-floor residential units, each configured as 2 bedrooms / 2 bathrooms, spanning the entire 2nd and 3rd floors. These units offer spacious layouts, strong rental appeal, and excellent upside—especially in a market where well-located 2BR units near Temple can command premium rents. The building is currently vacant, allowing for a full renovation strategy, immediate repositioning, or lease-up without tenant interruptions. Whether you’re an investor seeking cash flow, value-add potential, or long-term appreciation, this property presents a rare opportunity at a compelling price point.

Listing Status:

Active

Listing Office:

EXP Realty, LLC : 8883977352

Listing Agent:

Guillermo Salas III : 4844296025

MLS ID:

PAPH2564854

Interior

• Basement: Partially finished
• A/C: Central A/C
• Heating: CentralNatural Gas
• Disability Feature: 2+ Access Exits

Exterior

• General: Above Grade
• Style: Straight Thru

Construction

• General: MasonryBlock

Location

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

Lot

• Zoning: CMX1871541880

Utilities

• Water: Public
• Sewer: Public Sewer

Financial

• Source: BRIGHT_MAIN

This listing courtesy of Guillermo Salas III, EXP Realty, LLC