Property

Philadelphia, PA 19121 1928 N Gratz Street

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Presented By: Keller Williams Real Estate-Blue Bell
  • MLS# PAPH2449320
  • 03/04/2025
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Home Details

Check out this modern duplex situated on one of the most student-populated blocks in Temple Universitys 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 Temples 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. Dont miss out on adding this high-performing property to your portfolio!
Presented By: Keller Williams Real Estate-Blue Bell

Interior Features for 1928 N Gratz Street

Bedrooms

Three Bedroom Units Count

Other Interior Features

LivingAreaSourceAssessor
BasementFully Finished
Basement (Y/N)Yes
Central Air Y/NYes
Fireplace Y/NNo
FlooringHardwood, Luxury Vinyl Plank
Heating FuelNatural Gas
Heating Y/NYes
Hot WaterNatural Gas
Interior AmenitiesBuilt-Ins, Floor Plan - Open, Combination Kitchen/Dining, Walk-in Closet(s), Wood Floors

General for 1928 N Gratz Street

Acceptable FinancingCash, Conventional
AccessibilityNone
AppliancesBuilt-In Microwave, Dishwasher, Washer/Dryer Stacked, Stainless Steel Appliances
Architectural StyleTraditional
CityPHILADELPHIA
Construction MaterialsMasonry, Brick, Concrete
Cool FuelNatural Gas
CoolingCentral A/C
CountyPHILADELPHIA
DirectionsHeading North on Broad Street, make a left on Norris Street and a left on N. Gratz Street
Garage Y/NNo
HeatingForced Air
Lot Size Square Feet1301.00
Lot Size UnitsSquare Feet
MLS Area19121 (19121)
ModificationTimestamp2025-03-07T10:40:41
MunicipalityPHILADELPHIA
New ConstructionNo
Number Of Units Total2
One Bedroom Units Count
Other StructuresAbove Grade, Below Grade
Other UnitsUnit 1, Unit 2
OwnershipFee Simple
Patio/Porch FeaturesDeck(s), Patio(s)
PossessionImmediate
Price Per Sq Ft Total AG235.03
Property ConditionExcellent
Property SubtypeDuplex
Property TypeMulti-Family
RoofFlat
School DistrictPHILADELPHIA CITY
SewerPublic Sewer
Single Room Units Count0
Standard StatusActive
StatusACTIVE
Structure TypeInterior Row/Townhouse
Tax Annual Amount8520.0
Tax Assessed Value608700.0
Tax Lot156
Tax Year2024
Total SQFT2829
Two Bedroom0
Vacation Rental Y/NNo
Water Access Y/NNo
Waterfront Y/NNo
Year Built2014
Year Built SourceAssessor
ZoningRM1

Exterior for 1928 N Gratz Street

Foundation DetailsConcrete Perimeter
InclusionsAll appliances in as is working condition
Land Assessed Value121700.00
Land Use CodeW50
Lot Dimensions16.00 x 81.00
Lot Size Acres0.03
Lot Size SourceAssessor
LotDimensionsSourceAssessor
Navigable Water Y/NNo
PoolNo Pool
Type of ParkingOn Street
Water Oriented Y/NNo
Water SourcePublic
Water View Y/NNo

Additional Details

Price History

Tina Torres

Broker/Owner
Price $664,900
MLS#PAPH2449320
List Date 03/04/2025
Property Type Multi-Family
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