1345 E Susquehanna Avenue
Philadelphia, PA, United States
$3,500,000

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1345 E Susquehanna Avenue Philadelphia, PA 19125

Property Features

  • 4 Beds
  • 4 Full Baths
  • 2 Half Baths
  • 17,500 sqft
  • MLS # PAPH2381336
  • Lot Size: 0.21 acres
  • Year Built: 1860
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Property Description

Step into a piece of Philadelphia history-this iconic stone church-turned-multifamily property in the heart of Fishtown is bursting with character, opportunity, and smart updates. Built between 1845-1860, this soaring 60-foot structure originally housed the Siloam Methodist Church with modern upgrades, making it a truly unique opportunity for multifamily living, creative workspaces, or income-generating rentals. With 128 panels producing between 34,000 and 36,000 kilowatt-hours annually, the system covers the majority of the building's electric usage. It includes four inverters located in the full 3,500-square-foot basement, which also offers 10-foot ceilings, a kitchenette, two bathrooms, and extensive storage. Major renovations are already complete, including a brand-new roof added in 2023 and new downspouts installed in 2022. The exterior offers privacy and convenience with an 8-foot white cedar fence, a beautiful stamped concrete courtyard, and a 22-foot electric door with space to park 2-3 vehicles. Inside, you're greeted by grand mahogany staircases and incredible architectural details throughout. The first-floor studio is a wide-open loft space with a kitchen, lounge, makeup area, and full bathroom-recently rented at $1,400 per day as a photography studio. Just above, the awe-inspiring sanctuary has 35-foot ceilings and stained glass windows. The third floor serves as the owner's unit, blending old-world charm with custom design. It features salvaged doors, a stunning bathroom with heated floors and stained glass shower, two large bedrooms, and a stunning custom dressing room. Two additional loft-style apartments offer private entrances, large kitchens, bathrooms, separate electric and gas meters, and shared laundry. They are currently rented at $2,000 and $2,500 per month, giving you immediate rental income. Comfort is ensured year-round with six HVAC units heating and cooling each area of the building individually. Best of all, the location is unbeatable-just steps from neighborhood favorites like Suraya, LMNO, Green Eggs Caf, La Colombe, Riverwards Produce, and more. With quick access to I-95, Center City, New Jersey, and NYC, and located in The Adaire School catchment.

The School District Of Philadelphia

Property Highlights

  • Annual Tax: $ 3945.0
  • Sewer: Public
  • Fireplace Count: 1 Fireplace
  • Cooling: Central A/C
  • Heating Type: Heat Pump
  • Heating Fuel Type: Solar
  • Water: City Water
  • Region: Philadelphia
  • Primary School: Adaire Alexander

Location

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