1702 N Gratz Street, Philadelphia, PA 19121-3113 $995,000

# of Units: 2
Interior Sq. Ft: 4,844
Acreage: 0.03
Taxes: $2,680
MLS#: PAPH2473154
Design/Type:
Twin/Semi-Detached

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, 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 gross operating income of 82,500.00 and an 8% cap rate, this building has excellent investment value and will be a great addition to any investor’s portfolio. There are over 6 years left on the full 10 year tax abetment Schedule your showing today.

Taxes: $2,680
Home Assoc: No
Condo Assoc: No
Garage: N
Basement: Y
Pool: No Pool
School Dist: The School District Of Philadelphia

Features

Utilities
Forced Air Heating, Natural Gas, Central A/C, Electric, Hot Water - Natural Gas, Public Water, Public Sewer, 200+ Amp Service

Garage/Parking
On Street

Interior
Built-Ins, Crown Moldings, Floor Plan - Open, Fully Finished Basement, Dry Wall, High Ceilings

Exterior
Permanent Foundation, Fiberglass Roof, Flat Roof, Deck(s), Patio(s), Roof Deck

Lot
City View

Contact Information

Listing Courtesy of: KW Empower , vicki@kwempower.com

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Listing data as of 6/11/2025.