1345 E Susquehanna Ave, Philadelphia, PA 19125

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. This room is a blank canvas to let your imagination and designer inner-child go wild. 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 will be delivered vacant. Rents range from $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 Bastia in Anna & Bel, Suraya, LMNO, Green Eggs Café, La Colombe, Kalaya, Riverwards Produce, and more. With quick access to I-95, Center City, New Jersey, and NYC, and located in The Adaire School catchment.