1835 N Gratz St

Philadelphia, PA 19121
  • $79,900

    Price
  • 3

    Bed
  • 1

    Bath
  • 920

    SqFt

About the Listing LIVEWP1 - 3292586

Prime RM1 Building Opportunity! Incredible investment opportunity in TEMPLE UNIVERSITY/CECIL B MOORE area of North Philadelphia. Zoning RM1 Legally allowable up to 4 units. Quadruplex New Construction Multi-Family values between: $400K-$1,000,000M depending on finishes and additional upgrades. Photos are of multiple recent new construction projects less than a quarter mile of this property. Whether you're an investor looking to flip for a profit or seeking to build and hold for consistent rental income from college students, this opportunity checks all the boxes. Don't miss your chance to secure this promising property and capitalize on its earning potential! Have your builder/contractor apply to take advantage of the 10 Year Tax Abatement that can follow the property after completion. Close to multiple public transportation routes including the Market-Frankford Line, 10 minutes to Center City, and ease of access to anywhere on the Mainline or Delco, with 20-30 minutes to PHL Airport depending on traffic. Local attractions include: Temple University, Liacouras Center, Geasy Field Complex, AMC Broad St 7, Raising Canes Chicken Fingers, Wagner Free Institute of Science, Independence Blue Cross Recreation Center, The Fresh Grocer, Panera Bread, City View Pizza. Buyer must provide A Philadelphia Tax Compliance Certificate dated within the last 30 days. No transfer taxes, no title costs, no closing costs. Property deeded free and clear of all liens and encumbrances, bring in your offer and secure your next project! CASH ONLY, no hard money. Must provide 10% Deposit with Offer and provide proof of funds. Transaction must close by Friday, May 09, 2025.

Listing Highlights for 1835 N Gratz St

Status Active
Days on Site 136
Property Type Townhome
MLS ® PAPH2475142
Year Built 1915
Total Square Footage 920
Lot/Acreage 0.02
County Philadelphia
Neighborhood Temple University
School District Philadelphia City

Interior Details

  • Bedrooms: 3
  • Bathrooms: 1 Full
  • Appliances:
  • Air Cond:
  • Heating: Radiator
  • Fireplaces:
  • Floor:
  • Above Ground Sq Ft: 920
  • Below Ground Sq Ft: 0
  • Basement: Full
  • Other: Main Floor Bedrooms: 3
  • Water: Public

Exterior Details

  • Lot Description: Not New Construction,Horse Property: No
  • Garage Capacity: N/A
  • Lot Dimensions: 12.00 x 78.00
  • Zoning: RM1 MULTI FAMILY - minimum 360 sq. ft. of lot area is required per dwelling unit for the first 1,440 sq. ft. of lot area.
  • Roof: Unknown
  • Others:
  • Sewer: Private Sewer
  • Parking Features: Public,On Street

Financial Details

  • Tax Amount: $1,469
  • Taxes w/Assessments: N/A
  • Tax/Property ID: N/A
  • Tax Year: 2024

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1835 N Gratz St Philadelphia, PA 19121

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Originating MLS: BRIGHT_MAIN

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