1945 N Gratz Street
Philadelphia, PA 19121
- – beds
- – baths
- 1,809 sqft
- 1,205 sqft lot
- $304 per sqft
- 1915 build
Discover an exceptional investment opportunity at 1945 N. Gratz St., situated in the thriving Temple University area. This duplex was beautifully renovated in 2018 and still benefits from the remainder of a 10-year tax abatement! Fully occupied through July 2025, this property offers an ideal blend of modern amenities and convenience, attracting students and renters alike. **Unit A** features a thoughtfully designed layout with hardwood floors throughout, accommodating 3 spacious bedrooms, each with its own private bathroom, plus an additional half bath on the first floor. The unit's well-appointed kitchen opens to the living area and this unit features a fenced spacious back patio, perfect for outdoor gatherings and BBQs. Each bedroom is equipped with custom closets, providing ample storage space, a feature highly valued by tenants. **Unit B** boasts 5 generously sized bedrooms and 3 modern bathrooms, making it an attractive option for students seeking comfort and style. The kitchen, adorned with sleek white cabinetry, a large island and stainless steel appliances, offers a fresh, contemporary look. Carpeting throughout the bedrooms adds an extra layer of soundproofing, enhancing privacy and tranquillity. Both units are separately metered and include air conditioning for comfort during warmer months and a security system for peace of mind. This property not only meets the demands of the current rental market but also stands out as a lucrative investment in a sought-after location. Don't miss your chance to own this exceptional property in the heart of the Temple University area.
Listing courtesy of BRIGHT / Compass Pennsylvania, LLC
Last checked:
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Last updated Oct 18, 2024
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MLS# PAPH2411506 —
The Building
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Year Built:1915
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Year Built Source:Assessor
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Year Major Reno/Remodel:2017
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New Construction:No
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Construction Materials:Brick Front
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Structure Type:Interior Row/Townhouse
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Architectural Style:Traditional
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Building Units Total:2
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Roof:Flat
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Accessibility Features:None
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Foundation Details:Concrete Perimeter
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Basement:Yes
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Basement Type:Fully Finished
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Total SqFt Source:Assessor
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Total Below Grade SqFt Source:Assessor
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Tax Total Finished SqFt:1809
Interior
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Flooring Type:Ceramic Tile, Wood
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Fireplace:No
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Living Area SqFt Source:Assessor
Room Dimensions
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Total SqFt:1809
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Living Area SqFt:1,809 Sqft
Financial & Terms
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Sale Type:Standard
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Possession:Settlement
Location
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Directions:1945 N Gratz St
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Cross Street:W Norris St
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Latitude:39.98365402
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Longitude:-75.16397095
The Property
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Property Type:Multi-Family
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Property Subtype:Duplex
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Property Condition:Very Good
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Lot Size Units:Square Feet
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Lot Size Acres:0.03
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Lot Size Source:Assessor
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Lot Size Dimensions:15.00 x 80.00
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Lot Dimensions Source:Assessor
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Lot SqFt:1,205 Sqft
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Inclusions:Appliances
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Zoning:RM1
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Other Structures:Above Grade, Below Grade
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Water View:No
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Waterfront:No
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Water Oriented:No
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Water Access:No
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Navigable Water:No
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Tidal Water:No
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Land Use Code:O50
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Riparian Rights:No
Listing Agent
- Contact info:
- Agent phone:
- (610) 996-6000
- Office phone:
- (610) 822-3356
Taxes
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Tax ID Number:321240500
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Tax Year:2024
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Tax Lot:252
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Tax Annual Amount:$1,686
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Tax Assessed Value:$120,448
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Year Assessed:2024
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School Tax:944.0
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City/Town Tax:741.00
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Total Taxes Payment Frequency:Annually
Heating & Cooling
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Cooling Type:Central A/C
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Central Air:Yes
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Cooling Fuel:Electric
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Heating:Yes
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Heating Type:Central, Forced Air
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Heating Fuel:Electric
Utilities
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Sewer/Septic:Public Sewer
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Hot Water:Electric
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Water Source:Public
Schools
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School District Name:The School District Of Philadelphia
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School District Source:Listing Agent
The Community
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Pool:No Pool
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Spa:No
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Association Recreation Fee:No
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Cap Rate:7.10
Parking
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Garage:No
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Type of Parking:On Street
Extra Units
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Other Units:Unit 1,Unit 2
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Vacation Rental:No
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Units Furnished:None
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Three Bedroom Units:1
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
10/18/24
Oct 18, 2024
|
Listed / Active | BRIGHT | $550,000 |