$ 664,900
-
$664,900
Price -
0
Bed - Bath
-
2,829
SqFt
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About the Listing KELWLMBB - 3178523,3162851
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!
Listing Highlights for 1928 N Gratz St
Status
Active
Days on Site
190
Property Type
Multi-Family
MLS ®
PAPH2449320
Year Built
2014
Total Square Footage
2,829
Lot/Acreage
0.03
Interior Details
- Bedrooms: 0
- Bathrooms: Full
- Appliances: Built-In Microwave, Dishwasher, Washer/Dryer Stacked, Stainless Steel Appliances
- Air Cond: Central A/C
- Heating: Forced Air
- Fireplaces:
- Floor: Hardwood,Luxury Vinyl Plank
- Above Ground Sq Ft: 2829
- Below Ground Sq Ft: 0
- Basement: Fully Finished
- Other: Built-Ins,Floor Plan - Open,Combination Kitchen/Dining,Walk-in Closet(s),Wood Floors
- Water: Public
Exterior Details
- Lot Description: Not New Construction,Horse Property: No
- Garage Capacity: N/A
- Lot Dimensions: 16.00 x 81.00
- Zoning: RM1
- Roof: Flat
- Others: Excellent
- Sewer: Public Sewer
- Parking Features: On Street
Financial Details
- Tax Amount: $8,520
- Taxes w/Assessments: N/A
- Tax/Property ID: N/A
- Tax Year: 2024
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Listing Location
Questions About..
1928 N Gratz St Philadelphia, PA 19121
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