129-131 W Susquehanna Avenue • Philadelphia, PA 19122

$1,200,000 Beds: 0 • Baths:Sq. Feet: 0 • MLS ID: PAPH2592042 • Subdivision:School Dist: PHILADELPHIA CITY
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 View this listing at: http://www.homesalecareers.com/mls=PAPH2592042

Property Features

  • Taxes: $5,074
  • Exterior: Masonry
  • Lot Size: 0.06 Acres
  • Lot Dimensions: 0.06 Acre(S)
  • Heating: Hot Water
  • Year Built: 1925
  • Water: Private
  • Sewer: Private Sewer
  • Units: 10
  • Municipality: PHILADELPHIA
  • Total Garage/Parking Spaces: 0

School Information

  • School District: PHILADELPHIA CITY
Printed May 19, 2026


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