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1945 N Gratz Street

PHILADELPHIA, PA 19121
  • $550,000
  • STATUS: Active
  • ON SITE: 56 Days
  • ID#: PAPH2411506
$550,000
  • 0
    BEDS
  • 0.03
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 1,809
    SQFT
  • $304
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1915
County:

School Ratings & Info

Description

Discover an exceptional investment opportunity at 1945 N. Gratz St., situated in the thriving Temple University area. This duplex was beautifully renovated in 2018 and still benefits from the remainder of a 10-year tax abatement! Fully occupied through July 2025, this property offers an ideal blend of modern amenities and convenience, attracting students and renters alike.**Unit A** features a thoughtfully designed layout with hardwood floors throughout, accommodating 3 spacious bedrooms, each with its own private bathroom, plus an additional half bath on the first floor. The unit's well-appointed kitchen opens to the living area and this unit features a fenced spacious back patio, perfect for outdoor gatherings and BBQs. Each bedroom is equipped with custom closets, providing ample storage space, a feature highly valued by tenants.**Unit B** boasts 5 generously sized bedrooms and 3 modern bathrooms, making it an attractive option for students seeking comfort and style. The kitchen, adorned with sleek white cabinetry, a large island and stainless steel appliances, offers a fresh, contemporary look. Carpeting throughout the bedrooms adds an extra layer of soundproofing, enhancing privacy and tranquillity.Both units are separately metered and include air conditioning for comfort during warmer months and a security system for peace of mind. This property not only meets the demands of the current rental market but also stands out as a lucrative investment in a sought-after location. Don't miss your chance to own this exceptional property in the heart of the Temple University area.

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©2024 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or Kristin & Mike Team of Northrop Realty, A Long & Foster Company. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2024-12-13T23:50:36.29.
www.kmteamrealestate.com/homes/156912291
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1945 N Gratz Street PHILADELPHIA, PA 19121

  • Price: $550,000
  • Status: Active
  • On Site: 56 Days
  • ID#: PAPH2411506
0
Beds
0
Baths
0
½ Baths
0.03
Acres
1,809
SQFT
$304
$/SQFT
1915
Built
Neighborhood:
19121 (19121)
County:
Philadelphia
Area:
19121 (19121)
School District:
The School District Of Philadelphia
Property Description
Discover an exceptional investment opportunity at 1945 N. Gratz St., situated in the thriving Temple University area. This duplex was beautifully renovated in 2018 and still benefits from the remainder of a 10-year tax abatement! Fully occupied through July 2025, this property offers an ideal blend of modern amenities and convenience, attracting students and renters alike.**Unit A** features a thoughtfully designed layout with hardwood floors throughout, accommodating 3 spacious bedrooms, each with its own private bathroom, plus an additional half bath on the first floor. The unit's well-appointed kitchen opens to the living area and this unit features a fenced spacious back patio, perfect for outdoor gatherings and BBQs. Each bedroom is equipped with custom closets, providing ample storage space, a feature highly valued by tenants.**Unit B** boasts 5 generously sized bedrooms and 3 modern bathrooms, making it an attractive option for students seeking comfort and style. The kitchen, adorned with sleek white cabinetry, a large island and stainless steel appliances, offers a fresh, contemporary look. Carpeting throughout the bedrooms adds an extra layer of soundproofing, enhancing privacy and tranquillity.Both units are separately metered and include air conditioning for comfort during warmer months and a security system for peace of mind. This property not only meets the demands of the current rental market but also stands out as a lucrative investment in a sought-after location. Don't miss your chance to own this exceptional property in the heart of the Temple University area.
Exterior Features

Architectural Style Traditional Construction Materials Brick Front Garage YN No Parking Types On Street Pool No Pool Property Condition Very Good Roof Flat Water Access YN No Water View YN No Waterfront YN No

Interior Features

Above Grade Fin SQFT 1809 Basement Fully Finished Basement YN Yes Below Grade Finished Area 0 Below Grade Unfinished Area 0 Cooling Central A/C Fireplace YN No Flooring Ceramic TileWood Heating CentralForced Air Heating YN Yes Inclusions Appliances Single Room Units 0 Spa YN No Three Bedroom Units 1 Two Bedroom Units 0 Units Furnished None

Property Features

Accessibility Features None Central Air YN Yes Cooling Fuel Electric Cross Street W Norris St Foundation Details Concrete Perimeter Gross Income 46920.00 Heating Fuel Electric Hot Water Electric Municipality PHILADELPHIA Navigable Water YN N Net Operating Income 39101.00 New Construction YN No Number Of Units Leased 2 Number Of Units Total 2 Original MLSNumber 803431250370 Owner Pays Common Area MaintenanceHeater Maintenance ContractInsurancePest ControlSnow RemovalTaxes - Real EstateWater Ownership Interest Fee Simple Property Sub Type Duplex Sale Type Standard Sewer Public Sewer Structure Design Type Interior Row/Townhouse Tax Annual Amount 1686.00 Tax Lot 252 Vacation Rental YN No Water Source Public Year Built Effective 2017 Zoning RM1

Listing courtesy of Compass Pennsylvania, LLC: .


©2024 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or Kristin & Mike Team of Northrop Realty, A Long & Foster Company. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2024-12-13T23:50:36.29.
 
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Kristin & Mike Team of Northrop Realty, A Long & Foster Company
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Ellicott City MD, 21042