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1928 N GRATZ STREET, PHILADELPHIA, PA 19121
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$664,900
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Home Details for 1928 N GRATZ STREET
Price
$664,900
Type
Multi Family
Year Build
2014
Sq. Ft.
2829
Lot Size
0.03
County
PHILADELPHIA
Basement
Finished
Tax
$8,520
MLS®️ Listing#
PAPH2449320
On exitrealty.com
278 days
Property Description
Check out this modern duplex situated on one of the most student-populated blocks in Temple University’s off-campus housing. This high-demand rental property offers luxurious living with premium amenities, including central air and heat, sleek hardwood flooring, natural stone kitchen counters, and in-unit laundry. Tenants enjoy easy access to key student destinations like Geasy Field, Polett Walk, and The Liacouras Center while being in the heart of Temple’s thriving off-campus community. Unit A is a 4-bedroom, 2-bathroom apartment featuring an expansive first-floor living area that flows seamlessly into a contemporary kitchen with an island and stainless steel appliances. Unit B is a 5-bedroom, 4-bathroom apartment with spacious layouts and custom closet shelving designed for student comfort. This unit also boasts high-end entertainment features, including a flat-screen TV with surround sound, outdoor speakers with aux hookups, and a large fiberglass rooftop deck with a stunning view of the Philadelphia skyline. The gross annual income for the 2025-2026 school year is $67,800 with estimated expenses at $19,191. With an estimated net operating income of $48,608 and offered at a 7.31% cap rate, this building is a cash flow machine and will be a great addition to any investor's portfolio! With a strong rental history, this duplex presents an excellent investment opportunity in one of the most sought-after student rental locations. Don’t miss out on adding this high-performing property to your portfolio!
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- House Interior
- Walk-In Closet(s)
- Built-in Features
- Open Floorplan
- Cooling Information
- Central Air
- Gas
- Heating Information
- Natural Gas
- Forced Air
- Water Features
- Public
- Parking
- On Street
- Basement
- Finished
Listing Courtesy: Keller Williams Real Estate-Blue Bell - 215-646-2900
The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which EXIT Realty participates, and is provided by BRIGHT through a licensing agreement. The information provided by this website is for the personal, non-commercial use of consumers 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 on this website may no longer be available because they are under contract, have closed or are no longer being offered for sale. Information Deemed Reliable But Not Guaranteed. Copyright ©2025 Bright MLS. All rights reserved.
Last Updated: 2025-09-05 15:12:18
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$664,900
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EXIT ELEVATE REALTY
1450 Grays Ferry Ave. 1st Floor, Philadelphia, PA 19143