PA > Philadelphia
Philadelphia, PA 19121,1928 N GRATZ ST
Philadelphia, PA 19121,1928 N GRATZ ST
Philadelphia, PA 19121,1928 N GRATZ ST
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Vickie Landis Rentsel

Vickie Landis Rentsel

+1(267) 733-0777
Listed by James J Romano • Keller Williams Real Estate-Blue Bell
$664,900
Est. payment /mo
2,829 SqFt
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UPDATED:

Key Details

Property Type Multi-Family, Townhouse

Sub Type Interior Row/Townhouse

Listing Status Active

Purchase Type For Sale

Square Footage 2,829 sqft

Price per Sqft $235

MLS Listing ID PAPH2449320

Style Traditional

Abv Grd Liv Area 2,829

Originating Board BRIGHT

Year Built 2014

Annual Tax Amount $8,520

Tax Year 2024

Lot Size 1,301 Sqft

Acres 0.03

Lot Dimensions 16.00 x 81.00

Property Sub-Type Interior Row/Townhouse

Property Description

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!

Location

State PA

County Philadelphia

Area 19121 (19121)

Zoning RM1

Rooms

Basement Fully Finished

Interior

Interior Features Built-Ins, Floor Plan - Open, Combination Kitchen/Dining, Walk-in Closet(s), Wood Floors

Hot Water Natural Gas

Heating Forced Air

Cooling Central A/C

Flooring Hardwood, Luxury Vinyl Plank

Inclusions All appliances in as is working condition

Equipment Built-In Microwave, Dishwasher, Washer/Dryer Stacked, Stainless Steel Appliances

Fireplace N

Appliance Built-In Microwave, Dishwasher, Washer/Dryer Stacked, Stainless Steel Appliances

Heat Source Natural Gas

Exterior

Exterior Feature Deck(s), Patio(s)

Water Access N

Roof Type Flat

Accessibility None

Porch Deck(s), Patio(s)

Garage N

Building

Foundation Concrete Perimeter

Sewer Public Sewer

Water Public

Architectural Style Traditional

Additional Building Above Grade, Below Grade

Structure Type Dry Wall

New Construction N

Schools

School District Philadelphia City

Others

Tax ID 321247800

Ownership Fee Simple

SqFt Source Assessor

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Financing Cash,Conventional

Special Listing Condition Standard

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Bright MLS (BMLS)

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Vickie Landis Rentsel

+1(267) 733-0777

Agent | ABAB065442

Agent ABAB065442

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