1719 N GRATZ ST Active Save Request In-Person Tour Request Virtual Tour
Philadelphia,PA 19121
Key Details
Property Type Townhouse
Sub Type Interior Row/Townhouse
Listing Status Active
Purchase Type For Sale
Square Footage 1,620 sqft
Price per Sqft $203
Subdivision Temple University
MLS Listing ID PAPH2446100
Style Straight Thru
Year Built 1915
Annual Tax Amount $6,069
Tax Year 2024
Lot Size 900 Sqft
Property Sub-Type Interior Row/Townhouse
Property Description
Presenting 1719 N Gratz Street, an updated triplex just minutes from Temple University's main campus. This well-maintained investment property features two (2) spacious two-bedroom, one-bathroom units and one (1) comfortable one-bedroom, one-bathroom unit, offering a fantastic mix of rental potential.
Currently rented under market value, Unit 1 (2-bed) rents for $900, Unit 2 (2-bed) for $920, and Unit 3 (1-bed) for $900 — offering immediate potential for increased cash flow. With similar properties in the area generating rents between $600 and $900 per bedroom, this triplex presents a projected gross yearly income of approximately $45,000 to $54,000, making it a strong addition to any rental portfolio. Whether you're an investor seeking steady returns or a buyer looking to house hack, this property provides an ideal opportunity—live in one unit while tenants help cover your mortgage.
Located in a high-demand rental market, this property benefits from its close proximity to public transportation, including the Broad Street Line and multiple bus routes, providing easy access to Center City and beyond. Nearby amenities include local shops, restaurants, and Temple University's bustling campus, ensuring a steady stream of potential tenants.
Don't miss this prime investment opportunity—schedule your tour today! A minimum of 24-hour notice is required.
Location
State PA
County Philadelphia
Area 19121 (19121)
Zoning RM1
Interior
Hot Water Natural Gas
Heating Forced Air
Cooling Central A/C
Exterior
Water Access N
Building
Foundation Stone
Sewer Public Sewer
Water Public
New Construction N
Schools
School District The School District Of Philadelphia
Others
Acceptable Financing Cash,FHA,VA,Conventional
Listing Terms Cash,FHA,VA,Conventional
Special Listing Condition Standard