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$1,200,000

129-131 W Susquehanna Avenue
PHILADELPHIA, Pennsylvania 19122

New / MLS #PAPH2592042 / Multiple Family / PHILADELPHIA
Listing information updated 3/10/2026 at 6:01am
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
Water Front:
No
Square Feet:
N/A
Lot Size:
2400.00 Square Feet
Acreage:
0.06
Built:
1925
Cooling System:
Other
Business Use:
Apartment Building
Zoning:
RM1
Tax Amount:
$5,074
Tax Year:
2025
Zip Code:
19122
City:
Philadelphia
County:
Philadelphia

Listing Office: Trophy Commercial Real Estate LLC

Listing Office Phone: 215.608.5745

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129-131 W Susquehanna Avenue, Philadelphia, PA 19122 is a multiple family currently listed at $1,200,000. This multiple family has been listed on RLAH @properties since March 10th, 2026 and was built in 1925.

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