1702 N GRATZ ST, Philadelphia, PA 19121
1702 N GRATZ ST, Philadelphia, PA 19121
1702 N GRATZ ST, Philadelphia, PA 19121
1702 N GRATZ ST, Philadelphia, PA 19121
1702 N GRATZ ST, Philadelphia, PA 19121
1702 N GRATZ ST, Philadelphia, PA 19121
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Listed by Andre Quain • KW Empower
$ 965,000
Est. payment | /mo

4,844 SqFt


Save
$ 965,000
Est. payment | /mo
Save

4,844 SqFt

Key Details

Property Type Multi-Family, Townhouse

Sub Type End of Row/Townhouse

Listing Status Active

Purchase Type For Sale

Square Footage 4,844 sqft

Price per Sqft $199

MLS Listing ID PAPH2630330

Style Contemporary

Abv Grd Liv Area 4,844

Year Built 2020

Annual Tax Amount $2,680

Tax Year 2024

Lot Size 1,256 Sqft

Acres 0.03

Lot Dimensions 16.00 x 74.00

Property Sub-Type End of Row/Townhouse

Source BRIGHT

Property Description

Turnkey investment opportunity just blocks from Temple University. Built in 2020, this newer construction duplex features two large student rental units: a 5-bedroom, 4-bath lower unit and a 6-bedroom, 4.5-bath upper unit.

Both units offer spacious bedrooms, beautifully finished bathrooms with custom tile work, in-unit laundry, central air, security systems, and modern kitchens featuring quartz countertops, stainless steel appliances, custom backsplashes, and ample cabinet space. The lower unit includes access to a private fenced patio, while the upper unit boasts a large rooftop deck with impressive city views.

Conveniently located near Temple University and public transportation, with easy access to Center City, Fairmount, and Northern Liberties, this property is ideally positioned to attract strong rental demand year after year. The property has enjoyed 100% occupancy with no vacancy during the current owner's ownership, demonstrating its consistent rental performance and desirability among tenants.

Approximately 4 years remain on the full 10-year tax abatement, providing substantial tax savings for the next owner. A rare opportunity to acquire a modern, low-maintenance multifamily asset in one of Philadelphia's most active rental markets. Schedule your showing today.

Location

State PA

County Philadelphia

Area 19121 (19121)

Zoning RM1

Rooms

Basement Fully Finished

Interior

Interior Features Floor 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, Bathroom - Soaking Tub

Hot Water Natural Gas

Heating Forced Air

Cooling Central A/C

Equipment Washer, Dryer, Refrigerator, Built-In Range, Built-In Microwave

Fireplace N

Appliance Washer, Dryer, Refrigerator, Built-In Range, Built-In Microwave

Heat Source Natural Gas

Exterior

Exterior Feature Patio(s), Roof, Deck(s)

Water Access N

View City

Roof Type Fiberglass,Flat

Accessibility None

Porch Patio(s), Roof, Deck(s)

Garage N

Building

Foundation Permanent

Above Ground Finished SqFt 4844

Sewer Public Sewer

Water Public

Architectural Style Contemporary

Additional Building Above Grade, Below Grade

Structure Type Dry Wall,High

New Construction Y

Schools

School District The School District Of Philadelphia

Others

Tax ID 471316910

Ownership Fee Simple

SqFt Source 4844

Acceptable Financing FHA, Cash, Conventional, VA

Listing Terms FHA, Cash, Conventional, VA

Financing FHA,Cash,Conventional,VA

Special Listing Condition Standard

Bright MLS (BMLS)
Nearby Locations
Janell McIlwain
Janell McIlwain

Broker Associate | License ID: 594917 0225250514 SP200201530

+1(240) 416-9121 | janellsellshomes@gmail.com

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1702 N GRATZ ST