39.98341 -75.16402

1933 N GRATZ ST PHILADELPHIA, PA 19121

RE/MAX Delta Group Inc
RE/MAX Delta Group Inc
(717) 652-8200, Ext: 103
7839 Allentown Blvd Ste 800 Harrisburg PA 17112
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292810200 39.98341 -75.16402 230 /listing/292810200-150476043/1933-n-gratz-st-philadelphia-pa-19121 False 0 745000.0 2565 104 PAPH1005434 False
  • $745,000
  • 1933 N GRATZ ST PHILADELPHIA, PA 19121
  • 2,565 sqft
  • 0.03 lot
  • Est payment $3999.32/mo

Property & Neighborhood Info

Courtesy Of JBMP Group

Condo/Townhome in PHILADELPHIA

This newly constructed property is a fully occupied 9 bedroom duplex leased for $6,075 per month through 8/1/2021, and is being offered at a 7.2% cap rate. The property is located just a few blocks from the Temple University main campus, has the remainder of a 10 year tax abatement, and is surrounded by new student development. The property features a full rear yard and roof deck, which allows it to command a premium over market rents. The building consists of a lower 4 bedroom bi-level unit and an upper 5 bedroom bi-level unit, each with access to a private outdoor space. The building includes a roof deck which is very unique for student rental properties at Temple University. The Temple University rental market has been consistently strong over the last several years, with average rent prices increasing on new construction inventory. The property is located on a popular student block, with several multi-family projects just completed within the last 12 months, and additional projects on the way. With increased demand for new construction inventory in the immediate area, this offering presents the opportunity to acquire a unique student development in a rapidly appreciating market with the ability to increase rent over time.

Courtesy Of JBMP Group
  1. 2,565 Sq. Ft.
  2. 0.03 Lot

Main Features

  • Listing Status: Active
  • Year Built: 2015
  • School District: THE SCHOOL DISTRICT OF PHILADELPHIA
  • County: PHILADELPHIA
  • Taxes: $4,146.00
  • Tax Year: 2021
  • Units: 2
  • Zoning: Zoned for two units
  • MLS Number:PAPH1005434

Additional Features

  • Air Conditioning:
    • Yes
  • Cooling:
    • Central A/C
  • Cooling Fuel:
    • Electric
  • Water Heater:
    • Electric
  • New Construction:
    • No
  • Water Source:
    • Public
  • Lot SF Source:
    • Assessor
  • Waterfront:
    • No
  • Heating:
    • Central
  • Heating Fuel:
    • Electric
  • Sewer:
    • Public Sewer
  • Water Access:
    • No
  • List Type (Exclusive):
    • Exclusive Agency
  • Rental Features:
    • No
  • Assessment Year:
    • 2021
  • Fireplaces Total:
    • 0
  • MLSSystem ID:
    • BRIGHT
  • Possession:
    • 0-30 Days CD
    • 31-60 Days CD
  • Price Per SQFT:
    • 290.45
  • Sourced By:
    • Bright MLS
  • Unit 1 Bed Total Units:
    • 0
Neighborhood info courtesy of Homes.com © 2021

What's My Mortgage?

$38,769.95*
*Estimated monthly payment is a starting point to help assist you with your home search. To find out more about mortgage pre-qualification, click here.