1702 N Gratz St

Philadelphia, PA 19121
  • $995,000

    Price
  • 0

    Bed
  • Bath
  • 4,844

    SqFt

About the Listing KWEMPWR - 3224239

Great Investment Opportunity! This fantastic newer construction (2021) duplex is located only a few blocks from Temple University. This building offers one 5-bedroom/4-bathroom unit (lower unit) and one 6-bedroom/4.5-bathroom unit (upper unit). The bedrooms are spacious with built-in closets and the bathrooms are beautifully done with custom tile work. Both units include tasteful high-end lighting fixtures and beautiful kitchens with top-of-the-line stainless steel appliances, quartz countertops, custom backsplashes, and plenty of cabinet space. The lower unit has access to a fenced patio and the upper unit has access to a large rooftop deck with gorgeous city views. Students will have comfort and convenience with in-unit washers/dryers, a security system, central air conditioning and heating throughout. Located at Temple University and just minutes from numerous public transportation routes with easy access to Center City, Fairmount, and Northern Liberties. With an estimated gross operating income of 82,500.00 and an 8% cap rate, this building has excellent investment value and will be a great addition to any investor’s portfolio. There are over 6 years left on the full 10 year tax abetment Schedule your showing today.

Listing Highlights for 1702 N Gratz St

Status Active
Days on Site 136
Property Type Multi-Family
MLS ® PAPH2473154
Year Built
Total Square Footage 4,844
Lot/Acreage 0.03

Interior Details

  • Bedrooms: 0
  • Bathrooms: Full
  • Appliances: Washer, Dryer, Refrigerator, Built-In Range, Built-In Microwave
  • Air Cond: Central A/C
  • Heating: Forced Air
  • Fireplaces:
  • Floor:
  • Above Ground Sq Ft: 4844
  • Below Ground Sq Ft: 0
  • Basement: Fully Finished
  • Other: Floor Plan - Open,Built-Ins,Crown Moldings,Bathroom - Tub Shower,Bathroom - Stall Shower,Upgraded Countertops,Recessed Lighting,Combination Dining/Living,Dining Area,Kitchen - Eat-In,Wood Floors,Bathroom - Soaking Tub
  • Water: Public

Exterior Details

  • Lot Description: Horse Property: No
  • Garage Capacity: N/A
  • Lot Dimensions: 16.00 x 74.00
  • Zoning: RM1
  • Roof: Fiberglass,Flat
  • Others: Excellent
  • Sewer: Public Sewer
  • Parking Features: On Street

Financial Details

  • Tax Amount: $2,680
  • Taxes w/Assessments: N/A
  • Tax/Property ID: N/A
  • Tax Year: 2024

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1702 N Gratz St Philadelphia, PA 19121

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Originating MLS: BRIGHT_MAIN

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