Twitter
Facebook
Email
|
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
| DAYS ON MARKET | 1 | LAST UPDATED | 3/10/2026 |
|---|---|---|---|
| YEAR BUILT | 1925 | COMMUNITY | 19122 (19122) |
| COUNTY | PHILADELPHIA | STATUS | Active |
| PROPERTY TYPE(S) | Commercial |
| School District | PHILADELPHIA CITY |
|---|
| ADDITIONAL DETAILS | |
| AIR | Other |
|---|---|
| AIR CONDITIONING | Yes |
| APPLIANCES | Electric Water Heater |
| AREA | 19122 (19122) |
| HEAT | Hot Water |
| LOT | 2614 sq ft |
| LOT DIMENSIONS | 20.00 x 120.00 |
| PARKING | On Street, Driveway |
| SEWER | Private Sewer |
| TAXES | 5074 |
| WATER | Private |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
0
P
I
*Estimate only
| SATELLITE VIEW |
| / | |
We respect your online privacy and will never spam you. By submitting this form with your telephone number
you are consenting for Todd
Stonesifer to contact you even if your name is on a Federal or State
"Do not call List".
Listing provided by Trophy Commercial Real Estate LLC
All information provided is deemed reliable but is not guaranteed and should
be independently verified. No reproduction, distribution, or transmission of the
information at this site is permitted without the written permission from the MLS
Participant.
IDX information is provided exclusively for consumer’s personal,non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
This IDX solution is (c) Diverse Solutions 2026.