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$1,140,000
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Property Description
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.
Full Property Details
Full Property Details for 518 W Susquehanna Ave
General
- Sold For: $1,140,000
- Taxes: $1,852 (2026)
- Status: Closed
- Type: Townhouse
- Source: BrightMLSPhilly
- MLS ID: PAPH2571050
- Added to Site: 152 day(s) ago
Parking
- Parking Type: On Street
Location
- Area: 19122 (19122)
- Municipality: PHILADELPHIA
- County: PHILADELPHIA
- Driving Directions: 5th and W Susquehanna Ave
School Information
- School District: Philadelphia City
Heating & Cooling
- Central air: Yes
- Cooling Type: Central A/C
- Cooling Fuel: Electric
- Heating Type: Central
- Heating Fuel: Electric
- Water Heater: Electric
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Architectural Style: Contemporary
- Structure Type: Interior Row/Townhouse
- Construction: Brick, Vinyl Siding
- Foundation: Concrete Perimeter
- Square Feet: 5,952
- Sq. Ft. Source: Estimated
- Living Area: 5,952 Sq. Ft.
- Finished Above Grnd: 5,952 Sq. Ft.
- Year Built: 2025
- Year Built Source: Estimated
- Property Condition: Excellent
Unit Information
- Other Units: Unit 1, Unit 2, Unit 4, Unit 5, Unit 3
Lot Features
- Lot Size (Acres): 0.05
- Lot Size (Sq. Ft.): 1,984
- Lot Size Source: Estimated
- Lot Dimensions: 32.00 x 62.00
- Zoning: RM1
Financial Considerations
- Price Per Sq. Ft.: $200.77
- Assessment Year: 2025
- County Tax Freq: Annually
- Tax w/Assessment: $53,600
- Tax Amount: $1,852
- Tax Year: 2026
- Terms: Standard Sale
Disclosures and Reports
- Ownership: Fee Simple
- Lot Number: 132
Listed by KW Empower, Eric R Fargnoli and KW Empower, Christopher K Somers
Sold by Unrepresented, Unrepresented
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Schools
Schools serving 518 W Susquehanna Ave
School District:Philadelphia City School District
| Name | Grades | Distance |
|---|---|---|
Mckinley William School 2101 North Orkney Street, Philadelphia, PA 19122 | K-8 | 0.1 mi |
Kensington Creative & Performing Arts High School 1901 North Front Street, Philadelphia, PA 19122 | 9-12 | 0.7 mi |
Kensington Culinary Arts 2463 Emerald Street, Philadelphia, PA 19125 | 9-12 | 0.8 mi |
Kensington HS 2501 Coral Street, Philadelphia, PA 19125 | 9-12 | 0.9 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 518 W Susquehanna Ave
Date
Details
Price
Change
Source
5/06/2026
Sold
$1,140,000
-4.6%
MLS
1/04/2026
Listed
$1,195,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
518 W Susquehanna Avenue, Philadelphia, PA 19122 (MLS# PAPH2571050) is a Townhouse property that was sold at $1,140,000 on May 06, 2026. Want to learn more about 518 W Susquehanna Avenue? Do you have questions about finding other Townhouse real estate for sale in Philadelphia? You can browse all Philadelphia real estate or contact a Coldwell Banker agent to request more information.

