Philadelphia, PA 19121 1702 N Gratz Street

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Presented By: KW Empower
  • MLS# PAPH2473154
  • 04/27/2025
  • Request Tour
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Home Details

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 investors portfolio. There are over 6 years left on the full 10 year tax abetment Schedule your showing today.
Presented By: KW Empower

Interior Features for 1702 N Gratz Street

Bedrooms

Three Bedroom Units Count

Other Interior Features

LivingAreaSourceEstimated
BasementFully Finished
Basement (Y/N)Yes
Central Air Y/NYes
Fireplace Y/NNo
Furnished UnitsNone
Heating FuelNatural Gas
Heating Y/NYes
Hot WaterNatural Gas
Interior AmenitiesFloor 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, Bath
Total Stories4

General for 1702 N Gratz Street

Acceptable FinancingFHA, Cash, Conventional, VA
AccessibilityNone
AppliancesWasher, Dryer, Refrigerator, Built-In Range, Built-In Microwave
Architectural StyleContemporary
Cap Rate8.22
CityPHILADELPHIA
Construction Completed Y/NNo
Construction MaterialsOther
Cool FuelElectric
CoolingCentral A/C
CountyPHILADELPHIA
Directionsgps
Electric200+ Amp Service
ExclusionsTenant's Possessions
Garage Y/NNo
HeatingForced Air
Lease TypeYearly
Lot Size Square Feet1256.00
Lot Size UnitsSquare Feet
MLS Area19121 (19121)
ModificationTimestamp2025-04-27T00:15:01
MunicipalityPHILADELPHIA
New ConstructionYes
Number Of Units Total2
Number of Units Leased2
NumberOfUnitsVacant
One Bedroom Units Count
Other StructuresAbove Grade, Below Grade
Other UnitsUnit 1, Unit 2
OwnershipFee Simple
Patio/Porch FeaturesPatio(s), Roof, Deck(s)
Possession0-30 Days CD
Price Per Sq Ft Total AG205.41
Property ConditionExcellent
Property SubtypeDuplex
Property TypeMulti-Family
Rent Control Y/NNo
RoofFiberglass, Flat
School DistrictTHE SCHOOL DISTRICT OF PHILADELPHIA
SewerPublic Sewer
Single Room Units Count0
Standard StatusActive
StatusACTIVE
Structure TypeTwin/Semi-Detached
Tax Annual Amount2680.0
Tax Assessed Value191460.0
Tax Lot115
Tax Year2024
Total Actual Rent82500.00
Total SQFT4844
Two Bedroom0
Vacation Rental Y/NNo
ViewCity
Water Access Y/NNo
Waterfront Y/NNo
ZoningRM1

Exterior for 1702 N Gratz Street

Foundation DetailsPermanent
InclusionsStove, Microwave, Refrigerator, Dishwasher, Washer and Dryer.
Land Assessed Value191460.00
Lot Dimensions16.00 x 74.00
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

Rachel Shepherd

Price $995,000
MLS#PAPH2473154
List Date 04/27/2025
Property Type Multi-Family
Phone 703.929.4729
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