Philadelphia, PA 19121,1928 N GRATZ ST
Philadelphia, PA 19121,1928 N GRATZ ST
Philadelphia, PA 19121,1928 N GRATZ ST
Philadelphia, PA 19121,1928 N GRATZ ST
Philadelphia, PA 19121,1928 N GRATZ ST
Philadelphia, PA 19121,1928 N GRATZ ST
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$ 664,900
Est. payment | /mo

2,829 SqFt


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$ 664,900
Est. payment | /mo
Save

2,829 SqFt

Key Details

Property Type Multi-Family, Townhouse

Sub Type Interior Row/Townhouse

Listing Status Active

Purchase Type For Sale

Square Footage 2,829 sqft

Price per Sqft $235

MLS Listing ID PAPH2449320

Style Traditional

Abv Grd Liv Area 2,829

Originating Board BRIGHT

Year Built 2014

Annual Tax Amount $8,520

Tax Year 2024

Lot Size 1,301 Sqft

Acres 0.03

Lot Dimensions 16.00 x 81.00

Property Sub-Type Interior Row/Townhouse

Property Description

Check out this modern duplex situated on one of the most student-populated blocks in Temple University's off-campus housing. This high-demand rental property offers luxurious living with premium amenities, including central air and heat, sleek hardwood flooring, natural stone kitchen counters, and in-unit laundry. Tenants enjoy easy access to key student destinations like Geasy Field, Polett Walk, and The Liacouras Center while being in the heart of Temple's thriving off-campus community. Unit A is a 4-bedroom, 2-bathroom apartment featuring an expansive first-floor living area that flows seamlessly into a contemporary kitchen with an island and stainless steel appliances. Unit B is a 5-bedroom, 4-bathroom apartment with spacious layouts and custom closet shelving designed for student comfort. This unit also boasts high-end entertainment features, including a flat-screen TV with surround sound, outdoor speakers with aux hookups, and a large fiberglass rooftop deck with a stunning view of the Philadelphia skyline. The gross annual income for the 2025-2026 school year is $67,800 with estimated expenses at $19,191. With an estimated net operating income of $48,608 and offered at a 7.31% cap rate, this building is a cash flow machine and will be a great addition to any investor's portfolio! With a strong rental history, this duplex presents an excellent investment opportunity in one of the most sought-after student rental locations. Don't miss out on adding this high-performing property to your portfolio!

Location

State PA

County Philadelphia

Area 19121 (19121)

Zoning RM1

Rooms

Basement Fully Finished

Interior

Interior Features Built-Ins, Floor Plan - Open, Combination Kitchen/Dining, Walk-in Closet(s), Wood Floors

Hot Water Natural Gas

Heating Forced Air

Cooling Central A/C

Flooring Hardwood, Luxury Vinyl Plank

Inclusions All appliances in as is working condition

Equipment Built-In Microwave, Dishwasher, Washer/Dryer Stacked, Stainless Steel Appliances

Fireplace N

Appliance Built-In Microwave, Dishwasher, Washer/Dryer Stacked, Stainless Steel Appliances

Heat Source Natural Gas

Exterior

Exterior Feature Deck(s), Patio(s)

Water Access N

Roof Type Flat

Accessibility None

Porch Deck(s), Patio(s)

Garage N

Building

Foundation Concrete Perimeter

Sewer Public Sewer

Water Public

Architectural Style Traditional

Additional Building Above Grade, Below Grade

Structure Type Dry Wall

New Construction N

Schools

School District Philadelphia City

Others

Tax ID 321247800

Ownership Fee Simple

SqFt Source Assessor

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Financing Cash,Conventional

Special Listing Condition Standard

Bright MLS (BMLS)
Listed by James J Romano • Keller Williams Real Estate-Blue Bell
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"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(443) 465-3638

sabrina@jasonmartingroup.com

14592 Blair Brook Ct, Haymarket, Virginia, 20169, USA

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1928 N GRATZ ST