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1938 N GRATZ ST Philadelphia, PA 19121
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Key Details
Sold Price $465,000
Property Type Multi-Family
Sub Type Interior Row/Townhouse
Listing Status Sold
Purchase Type For Sale
Square Footage 2,673 sqft
Price per Sqft $173
MLS Listing ID PAPH2368676
Sold Date 07/31/24
Style Traditional
Abv Grd Liv Area 2,673
Originating Board BRIGHT
Year Built 2010
Annual Tax Amount $7,865
Tax Year 2022
Lot Size 1,301 Sqft
Acres 0.03
Lot Dimensions 16.00 x 81.00
Property Description
10% Cap Rate near Temple University! Gross monthly income $4,000. Tenants pay on time every month.
The duplex was built in 2010 with some new appliances and a maintained roof and HVAC. Unit A: 4 bed 2 full baths + backyard + finished basement - leased until July 2024. Unit B: 3 bed 1.5 baths - leased until July 2025. The property is well maintained and ready to cash flow. The property is self-managed by the owner. Landlords are retiring. This property is a perfect investment, and also great for househacking, Unit A can be available to live in by July 2025. Security cameras by Vector Security are installed and the property is fully equipped and ready to go.
Location
State PA
County Philadelphia
Area 19121 (19121)
Zoning RM1
Rooms
Basement Daylight, Partial, Connecting Stairway, Fully Finished, Interior Access
Interior
Hot Water 60+ Gallon Tank
Heating Central
Cooling Central A/C
Fireplace N
Heat Source Natural Gas
Exterior
Water Access N
Accessibility 2+ Access Exits
Garage N
Building
Foundation Concrete Perimeter
Sewer Public Sewer
Water Public
Architectural Style Traditional
Additional Building Above Grade, Below Grade
New Construction Y
Schools
School District The School District Of Philadelphia
Others
Tax ID 321248300
Ownership Fee Simple
SqFt Source Assessor
Special Listing Condition Standard
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Bought with Irvin Farmer III • Diversified Realty Solutions
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