• 1702 N Gratz Street PHILADELPHIA, PA 19121

  • $1,025,000
  • 0
    Bed(s)
  • 0
    Baths
  • 0
    Sq Ft
  • 1184
    Sqft

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 net operating income of $72,400.00 and an 7.5% cap rate, this building has excellent investment value and will be a great addition to any investor’s portfolio! Schedule your showing today.

Property Type :

Multi-Family

Subdivision :

Temple University

County :

PHILADELPHIA

Style :

Multi-Family

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Property Details

 

Water/Sewer

Water Source : Public

Interior Features

Basement Description: Fully Finished

Heating & Cooling

Cooling: Ceiling Fan(s)

Heating: Central

Cooling Fuel: Electric

Heating Fuel: Electric

Building Information

Year Built: 2021

Structure: Twin/Semi-Detached

New Construction: No

Total Units: 2

Built: 2021

Construction Material: Brick

Foundation/Basement: Other

Architecture: Traditional

Pool/Private: No Pool

Exterior Features

Utilities: Electric Available,Natural Gas Available

Pool Information

Pool: No Pool

Utility Features

Sewer: Public Sewer

Water

Water Heat: Natural Gas

Lot Information

Lot Size: 1,184

Dimensions: 16X74

Lot Size (Acres): 0.03

Architectural Style: Traditional

Stories Total: 4

Main Square Feet: 1,184

Property Information

SQ ft: 3,844

SQ ft (Living Area): 3,844

Total Lot SQ ft: 1,184

Subdivision: TEMPLE UNIVERSITY

Appx. Lot Dimensions: 16X74

Total Acreage: 0.03

New Construction: No

Type: Traditional

Listing Information

Possession: 0-30 Days CD

Days Of Market: 55

Tax Information

Annual Tax: $2,259

Tax Year: 2023

Total Taxes Payment Frequency: Annually

Possession

0-30 Days CD

Assessment Information

Taxes Assessment Amount: $48,100

Parking Information

Parking Type: On Street

Has Garage: N

Homeowners Association Information

Direction: gps

School Information

School District: THE SCHOOL DISTRICT OF PHILADELPHIA

Utility Information

Electric Available,Natural Gas Available

Water Source: Public

Sewer: Public Sewer

Cooling Fuel: Electric

Heating Fuel: Electric

Hot Water: Natural Gas

Location Information

Direction: gps

Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
1924 W Berks Street , Philadelphia, PA,19121 $69,900 -- -- 1,120 1120 Sqft
1716 N 26th Street , Philadelphia, PA,19121 $90,000 -- -- 945 945 Sqft
1900 N 24th Street , Philadelphia, PA,19121 $50,000 -- -- 1,299 1299 Sqft
2516 W Diamond Street , Philadelphia, PA,19121 $50,000 -- -- 1,360 1360 Sqft
1815 N Ringgold Street , Philadelphia, PA,19121 $45,000 -- -- 658 658 Sqft
1501 N 31st Street #PH13, Philadelphia, PA,19121 $594,999 3 2.5 -- --
2353 Turner Street , Philadelphia, PA,19121 $80,000 -- -- 835 835 Sqft
1423 W Stiles Street , Philadelphia, PA,19121 $360,000 3 3.0 -- 904 Sqft
1419 W Stiles Street , Philadelphia, PA,19121 $380,000 3 3.0 1,218 904 Sqft
1501 N 31st Street #PH12, Philadelphia, PA,19121 $999,999 3 3.5 -- --

Data provided by Bright MLS. Property information is for the users personal, non-commercial use. Information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties that appear on the website may no longer be for sale, and may be under contract or sold. ©2024 Bright MLS, All Rights Reserved. Information is reliable but not guaranteed.

ByOwner last updated this listing 05/15/2024 @ 14:25

MLS: PAPH2307720
LISTED BY: Andre Quain , KW Empower
SOURCE: BRIGHT MLS
Buyer Agency Compensation: 2.5%
Buyer Agency Description: The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed and if applicable, to participants of reciprocating MLS's as set forth in Association/MLS reciprocal agreements.

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