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Key Details
Sold Price $515,000
Property Type Multi-Family
Sub Type Interior Row/Townhouse
Listing Status Sold
Purchase Type For Sale
Square Footage 2,340 sqft
Price per Sqft $220
Subdivision Temple University
MLS Listing ID PAPH2036770
Sold Date 01/31/22
Style Unit/Flat
Abv Grd Liv Area 2,340
Originating Board BRIGHT
Year Built 2009
Annual Tax Amount $5,745
Tax Year 2021
Lot Size 1,107 Sqft
Acres 0.03
Lot Dimensions 15.00 x 73.83
Property Description
Great investment opportunity!!! 1734 N Gratz St is a fully occupied, newer build duplex with 8 total bedrooms and 4 full bathrooms just a five-minute walk from Temple University. This block is mostly filled with college student renters and many newer construction properties. The building’s brick and stucco front exterior blends well with the established homes in the neighborhood. Inside Unit A, an oversized window shines tons of natural light into the open main level. Hardwood floors and recessed lighting stretches from the living room into the dining area and kitchen where you’ll find plenty of cabinet space and updated appliances. At the rear of this level, there are two great-sized bedrooms and a full bathroom. Out back, there’s a large, fenced patio. The lower level of this unit has a bonus living space, a laundry closet, and a bedroom suite with a private full bathroom. Upstairs, Unit B has a larger open main level, also filled with great natural light, hardwood floors, and recessed lighting. This kitchen has a dishwasher in addition to the great cabinet space and modern appliances found in Unit A. Completing this level are two bedrooms and a full bathroom. The upper level of this unit has a huge bedroom at the front that can act as a bonus living room. At the center of this level, there is a laundry/mechanical room and a full bathroom. Two additional bedrooms complete the unit. This building has a strong rental history and is currently fully rented at $1785/month for Unit A and $2925/month for Unit B. The total monthly rent is $4710 and the total yearly rent is $56,520. 1734 N Gratz’s location is ideal for students with Temple’s main campus, eateries, essentials shopping, and entertainment all within walking distance. There are multiple fast-food restaurants, drugstores, and grocers around the corner on Cecil B Moore Ave and along Broad St. There’s also a movie theater and YMCA on Broad St. There are more restaurants and shops to explore in neighboring Brewerytown and Fairmount, both a quick Uber ride away. Plus, Center City is a quick subway ride away via the Broad St Line. Schedule your in-person or virtual tour today!
Location
State PA
County Philadelphia
Area 19121 (19121)
Zoning RM1
Rooms
Basement Fully Finished
Interior
Hot Water Natural Gas
Heating Forced Air
Cooling Central A/C
Heat Source Natural Gas
Exterior
Waterfront N
Water Access N
Accessibility None
Parking Type None
Garage N
Building
Foundation Brick/Mortar
Sewer Public Sewer
Water Public
Architectural Style Unit/Flat
Additional Building Above Grade, Below Grade
New Construction N
Schools
School District The School District Of Philadelphia
Others
Tax ID 471318500
Ownership Fee Simple
SqFt Source Assessor
Special Listing Condition Standard
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Bought with Robert A Mika • Compass RE
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