Philadelphia, PA 19121,1734 N GRATZ ST
Philadelphia, PA 19121,1734 N GRATZ ST
Philadelphia, PA 19121,1734 N GRATZ ST
$515,000
Est. payment /mo
$514,900
Est.Price: ?

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2,340 SqFt
SOLD DATE : 01/31/2022

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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Bright MLS (BMLS)
Listed by Michael R. McCann • KW Philly
Bought with Robert A Mika • Compass RE

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Danielle Wateridge

Team Lead & Agent | License ID: 0225208883

+1(703) 639-8869

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