1702 N Gratz St

Philadelphia, PA 19121
  • $965,000

    Price
  • 0

    Bed
  • 9

    Bath
  • 4,844

    SqFt

About the Listing KWEMPWR - 3224239

Turnkey investment opportunity just blocks from Temple University. Built in 2020, this newer construction duplex features two large student rental units: a 5-bedroom, 4-bath lower unit and a 6-bedroom, 4.5-bath upper unit. Both units offer spacious bedrooms, beautifully finished bathrooms with custom tile work, in-unit laundry, central air, security systems, and modern kitchens featuring quartz countertops, stainless steel appliances, custom backsplashes, and ample cabinet space. The lower unit includes access to a private fenced patio, while the upper unit boasts a large rooftop deck with impressive city views. Conveniently located near Temple University and public transportation, with easy access to Center City, Fairmount, and Northern Liberties, this property is ideally positioned to attract strong rental demand year after year. The property has enjoyed 100% occupancy with no vacancy during the current owner’s ownership, demonstrating its consistent rental performance and desirability among tenants. Approximately 4 years remain on the full 10-year tax abatement, providing substantial tax savings for the next owner. A rare opportunity to acquire a modern, low-maintenance multifamily asset in one of Philadelphia’s most active rental markets. Schedule your showing today.

Listing Highlights

Status Active
Days on Site 16
Property Type Multi-Family
MLS ® PAPH2630330
Year Built 2020
Total Square Footage 4,844
Lot/Acreage 0.03

Interior Details

  • Bedrooms: 0
  • Bathrooms: 9 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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