1702 N Gratz St, Philadelphia, PA 19121

$965,000
4,844
SqFt

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List Price
$965,000
Days on Market
55
Status
ACTIVE
MLS#
PAPH2630330
Living Area
4,844
Lot Size (Acres)
0.03
Style
Contemporary
Year Built
2020
County
Philadelphia
School District
The School District Of Philadelphia

Property Description

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.

Additional Information

Area
19121 (19121)
Taxes
$2680
Stories
4
Interior Features
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
School District
The School District Of Philadelphia
View
City
Heating
Forced Air
Heating Fuel
Natural Gas
Cooling
Central A/C
Roof
Fiberglass, Flat
Water
Public
Sewer
Public Sewer
Basement
Yes

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Calculator source: Real Geeks

Listing courtesy of KW Empower. Contact: vicki@kwempower.com