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2017 E Susquehanna Ave

$1,799,999
2017 E Susquehanna Ave, Philadelphia, PA 19125

2017 E Susquehanna Ave

$1,799,999

2017 E Susquehanna Ave, Philadelphia, PA 19125
Introducing a prime investment opportunity at 2017 E Susquehanna, a newly built (2021) 4-unit property perfectly situated in the vibrant heart of East Kensington. With six years remaining on the tax abatement, this property offers a lucrative long-term advantage.

The unit mix includes three spacious 2-bedroom units and one charming 1-bedroom unit. Each unit is thoughtfully designed as a bi-level, while Unit 2 boasts an impressive three-story layout. The 2-bedroom units are all equipped with 2.5 bathrooms and boast private outdoor spaces for seamless indoor-outdoor living. The top-floor 2-bedroom units enjoy exclusive access to private roof decks, offering stunning views and an ideal spot for relaxation or entertaining. The first-floor 2-bedroom unit features a private backyard patio, providing a serene escape.

Each unit comes with in-unit laundry facilities, ensuring convenience and comfort for all residents. The property is fully rented, offering instant cash flow to the new owner from day one. The property operates on all-electric utilities, offering modern convenience and efficiency. Each unit includes a dedicated storage closet in the basement, providing tenants with additional space for their belongings.

Located just steps away from Front Street, tenants will appreciate the easy access to public transportation, making commuting a breeze. The property is within walking distance to local coffee shops, and a newly opened brewery just across the street adds to the vibrant neighborhood atmosphere. Enjoy all the amenities and attractions that East Kensington and Fishtown have to offer right at your doorstep.

This property is an exceptional opportunity for investors seeking a turnkey investment in one of Philadelphia's most desirable neighborhoods. Don't miss your chance to own this fantastic asset!

Features & Amenities

Interior

Total Bedrooms 7
Appliances Electric Water Heater

Exterior

Stories 4
Water Source Public
Heat type Forced Air, Electric
Air Conditioning Central Air
Sewer Public Sewer

Area & Lot

Status For Sale
LIVING SPACE 5,913 Sq.Ft.
LOT SIZE 1,918 Sq.Ft.
MLS® ID PAPH2487544
Type Multi-Family
Year Built 2021
Architecture Styles Straight Thru
School District PHILADELPHIA CITY

Financial

SALES PRICE $1,799,999
REAL ESTATE TAXES $3,315/yr

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With a unique blend of knowledge, expertise and experience, Daniel Baer Team will guide each Client through every home sale, purchase or lease with confidence.

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