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2135 E Susquehanna Ave
Philadelphia, PA 19125
Multifamily Property For Sale
·
13 Units
Executive Summary
Value add business opportunity from the developers of Old-World Warehouse. To see it is to understand it. Developed as 13 open concept loft condominium units, Tiesen Flats has been maintained as rental units by its owners. This property is quite simply a rare urban oasis, offering a large open courtyard, currently enjoyed for gatherings, events, and gardening by the community of tenants that live there. The units range in size from 880 to 1584 sq ft, with several fronting on the courtyard, and all featuring preserved architectural details (exposed beams, clerestory windows, and authentic carriage house doors), separate utilities, interior sprinkler system, hard wired smoke detection, and monitored integral alarm system. Whether you purchase this building to continue as rentals, sell off units as you choose, or develop the property further, Tiesen Flats makes for a great investment and represents a unique offering within the city. Unbeatable location just steps from the Market, Frankford EL, and all the great shops, restaurants and entertainment venues Fishtown has to offer.
Property Facts
| Price Per Unit | $410,259 CAD | Building Class | C |
| Sale Type | Investment | Lot Size | 0.26 AC |
| No. Units | 13 | Building Size | 16,343 SF |
| Property Type | Multifamily | No. Stories | 2 |
| Property Subtype | Apartment | Year Built | 1900 |
| Apartment Style | Low-Rise | Opportunity Zone |
Yes
|
| Zoning | RM-1 - Residential-Mixed Use District for group dwellings in planned unit development | ||
| Price Per Unit | $410,259 CAD |
| Sale Type | Investment |
| No. Units | 13 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.26 AC |
| Building Size | 16,343 SF |
| No. Stories | 2 |
| Year Built | 1900 |
| Opportunity Zone |
Yes |
| Zoning | RM-1 - Residential-Mixed Use District for group dwellings in planned unit development |
Amenities
Unit Amenities
- Air Conditioning
- Balcony
- Washer/Dryer
- Heating
- Freezer
Site Amenities
- 24 Hour Access
- Courtyard
- Tenant Controlled HVAC
- Public Transportation
- Smoke Detector
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 13 | - | 880 - 1,584 |
Property Taxes
| Parcel Number | 888310105 | Improvements Assessment | $381,541 CAD |
| Land Assessment | $72,479 CAD | Total Assessment | $454,020 CAD |
Property Taxes
Parcel Number
888310105
Land Assessment
$72,479 CAD
Improvements Assessment
$381,541 CAD
Total Assessment
$454,020 CAD
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