518 W Susquehanna Avenue Philadelphia, PA ^$ 1,195,000

518 W Susquehanna Avenue

^$ 1,195,000

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New Construction

518 W Susquehanna Avenue

Philadelphia, PA, 19122

^$ 1,195,000

Bedrooms-- Baths-- Sq 5,952

Monthly Estimate*

^$ 7,455

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Commercial Property for sale in Philadelphia, PA

for $1,195,000. This 5,952 square foot building was built in 2025 on a lot size of 0.05.

New Construction 5 unit apartment building in hot Norris Square area with 10 year tax abatement. CURRENTLY LEASED at $8,900/month with an efficient unit mix and located in a QOZ (qualified opportunity zone) for maximum tax benefits. All units have private outdoor spaces with decks, roof decks, and patios. Large comfortable layouts with modern finishes and great natural lighting. High quality materials like TPO roofing, full red brick front, Pella windows, custom metal railings, large entry lobby. 5 Unit Mix: (2) - 3bd /3ba bilevel, (2) - 2bd/2ba bilevel, (1) - 2bd/1.5bath.

Commercial Active

Price

^$ 1,195,000

Property Type

Commercial

Taxes

^$ 750

Style

Apartment Building

Lot Size

0.05

Year Built

2025

Town/City

Philadelphia

County/Region

Philadelphia

MLS | Web ID

PAPH2529852

Features

Interior

Heating Fuel Electric

Hot Water Electric

Heating Y/N Y

Central Air Y/N Y

General

Sewer Public Sewer

Heating Central

Cooling Central A/C

Possession 90-120 Days CD

Zoning RM1

Construction Materials Brick Vinyl Siding

Year Built 2025

Property Subtype Five Or More Units

Tax Year 2024

Ownership Fee Simple

Cool Fuel Electric

Municipality PHILADELPHIA

Business Type Apartment Building

Accessibility None

County PHILADELPHIA

New Construction Y

Property Type Commercial Sale

Water Access Y/N N

Status ACTIVE

Directions 5th and W Susquehanna Ave

City PHILADELPHIA

Number Of Units Total 5

MLS Area 19122 (19122)

Lot Size Units Square Feet

Lot Size Square Feet 1984.00

Tax Annual Amount 750.0

Property Condition Excellent

Price Per Sq Ft Total AG 200.77

Construction Completed Y/N Y

Vacation Rental Y/N N

Standard Status Active

Year Built Source Estimated

Tax Lot 132

Total Actual Rent 108000.00

Exterior

Water Source Public

Type of Parking On Street

Foundation Details Concrete Perimeter

Water View Y/N N

Building Area Total 5952.00

Lot Dimensions 32.00 x 62.00

Lot Size Acres 0.05

Lot Size Source Estimated

Waterfront Y/N N

Land Assessed Value 53600.00

Navigable Water Y/N N

Water Oriented Y/N N

Internal Only

Street Number 1 518

* Excluded Features

List By

Kw Empower

Broker

ericfargnoli@gmail.com

Affordability Calculator

$7,518

Per Month

Monthly Principal & Interest: $7,455
Monthly Property Taxes: $63
Monthly Home Insurance: --

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Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Commerical listings in Philadelphia, PA

Average List Price ^$1,088,582

Percent of Sale Price 9%

About Philadelphia, PA

1,588,239 Population

5% Since 2002

^$42,223 Median Income

36 Median Age

24% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

2136830 Elementary School

2137124 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
11/12/2025	$1,195,000	-4.40%	Price Down
8/22/2025	$1,250,000		Listed Price

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518 W Susquehanna Avenue, Philadelphia, PA, 19122 is a Commercial Property for sale at $1,195,000 with 5,952 sqft and a lot size of 0.05. 518 W Susquehanna Avenue was built in 2025. The property's zip code is 19122 which is in Philadelphia, PA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this website appears in part through the BrightMLS Broker Reciprocity^SM program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which Weichert, Realtors® participates, and is provided by BrightMLS through a licensing agreement.

Real estate listings held by brokerage firms other than Weichert, Realtors® are marked with the Broker Reciprocity icon (a little black house) and detailed information about each listing includes the name of the listing broker.

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518 W Susquehanna Avenue

Commercial Property for sale in Philadelphia, PA

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