1702 North Gratz Street

Philadelphia, PA 19121

$1,025,000
Price
11
Beds
8
Baths
3,844 Sq. Ft.
$267 / Sq. Ft.
3,844
Sq. Ft.
$267
per Sq. Ft.

Description

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,...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.
  1. Listed by Andre Quain • KW Empower
    P: 2155009180 andrequain@gmail.com

Property Details for 1702 North Gratz Street

Tax ID Number
471316910
Ownership
Fee Simple
Structure Type
Twin/Semi-Detached
Style
Traditional
Waterfront
No
Garage
No
Subdivision
TEMPLE UNIVERSITY
Subdivision
TEMPLE UNIVERSITY (PHILADELPHIA PA)

Location

Listing Courtesy of KW Empower
Add your commute
LISTING UPDATED: 02/18/2024 03:38 PM

Property Details for 1702 North Gratz Street

StatusActive
MLS #PAPH2307720
Days on Market130
Taxes$2,259 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family / Fee Simple
Year Built2021
Lot Size0.03 AC / 1,184 SF
CountyPhiladelphia County

Location

Listing Courtesy of KW Empower
Add your commute

Building Information for 1702 North Gratz Street

Stories-Residences2Year Built2021Building Size-Lot Size0.03 AC / 1,184 SF

Payment Calculator

$5,782 per month

30 year fixed, 7.25% Interest

Principal and Interest

$5,594

Property Taxes

$188

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1702 North Gratz Street

Location
Location
  • School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA
  • School District County ID: 300200397108
  • SchoolDistrictSource: Listing Agent
  • County: PHILADELPHIA
  • MLS Area: 19121 (19121)
Waterfront / Water Access
Waterfront / Water Access
  • Water View: No
  • Water Access: No
  • Water Oriented: No
  • Navigable Water: No
  • Tidal Water: No
  • Riparian Rights Y/N: No
Taxes and Assessment
Taxes and Assessment
  • Tax Year: 2023
  • Tax Assessed Value: $48,100
  • Land Use Code: SR
  • Zoning: RM1
  • Automatically Update Tax Values Y/N: No
Unit Information
Unit Information
  • Single Room Units Count: 0
  • One Bedroom Units Count: 0
  • Two Bedroom Units Count: 0
  • Three Bedroom Units Count: 0
  • Other Units: Unit 1,Unit 2
  • Rent Control: No
Multi Family
Unit 1
  • Type: Unit 1
  • Level: 1
  • Beds Total: 5
  • Full Baths Count: 4
  • Total Rooms: 7
Unit 2
  • Type: Unit 2
  • Level: 2
  • Beds Total: 6
  • Half Baths Count: 1
  • Full Baths Count: 4
  • Total Rooms: 8
Financial Information
Financial Information
  • Gross Income: $79,200
  • Net Operating Income: $74,200
  • Annual Rental Income: $79,200
  • Cap Rate: 7.44
Building Info
Building Info
  • Building Level Count: 4
  • Building Units Total: 2
Lot / Land Information
Lot / Land Information
  • Lot Size Source: Estimated
  • Lot Size Dimensions: 16X74
  • Lot Dimensions Source: Estimated
  • Parcel ID: 1391899
Parking
Parking
  • Type Of Parking: On Street
Interior Features
Interior Features
  • Accessibility Features: None
Exterior Features
Exterior Features
  • Pool: No Pool
  • Other Structures: Above Grade, Below Grade
Utilities
Utilities
  • Utilities: Electric Available, Natural Gas Available
  • Heating: Yes
  • Cooling Type: Ceiling Fan(s)
  • Cooling Fuel: Electric
  • Heating Type: Central
  • Heating Fuel: Electric
  • Hot Water: Natural Gas
  • Water Source: Public
  • Sewer Septic: Public Sewer
  • Electric Service: 200+ Amp Service
Confidential Data
Listing Office
  • List Agent AOR: Greater Philadelphia Association of REALTORS

Property History for 1702 North Gratz Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1702 North Gratz Street

Taxable ValueLand-Additions-Total-
Tax Record2023$2,259 ($188 / month)
Home Facts
Total Finished SqFt3,844 SqFtAbove Grade Finished SqFt3,844 SqFtStories3Lot Size1,256 SqFtStyleMulti-Family Dwelling (2-4)Year Built2020ZoningRM1CountyPHILADELPHIAAPN47-1-3169-10

Schools near 1702 North Gratz Street

This home is within Philadelphia City School District.
Rating
School
Type
Grades
Distance
Public - PK to 8
Public - 9 to 12
Public - 7 to 12
Public - 9 to 12
Rating
School
Distance
Meade Gen George C School
PublicPK to 8

Vaux HS: A Big Picture School
Public9 to 12

Carver High School
Public7 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Similar Homes

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1702 North Gratz Street is a multi-family home for sale in Philadelphia, PA 19121. This property was listed for sale on December 26, 2023 by KW Empower, it's currently listed at $1,025,000. It has been on the market for a total of 130 days and was last sold on July 29, 2022. This listing's school district is Philadelphia City School District. Nearby schools include Meade Gen George C School, Vaux HS: A Big Picture School and Carver High School. 1702 North Gratz Street is a 11-bed, 8-bath, 3,844 sqft multi-family home built in 2021.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of KW Empower

Based on information from one of the following Multiple Listing Services: BRIGHT, Greator Scranton Board of REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by BRIGHT, Greator Scranton Board of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.