1702 N GRATZ ST new to site Save Request In-Person Tour Request Virtual Tour
Philadelphia,PA 19121
Key Details
Property Type Townhouse
Sub Type Twin/Semi-Detached
Listing Status Active
Purchase Type For Sale
Square Footage 4,844 sqft
Price per Sqft $205
MLS Listing ID PAPH2473154
Style Contemporary
Annual Tax Amount $2,680
Tax Year 2024
Lot Size 1,256 Sqft
Property Sub-Type Twin/Semi-Detached
Property Description
Great Investment Opportunity! This fantastic newer construction (2021) duplex is located only a few blocks from Temple University. This building offers one 5-bedroom/4-bathroom unit (lower unit) and one 6-bedroom/4.5-bathroom unit (upper unit). The bedrooms are spacious with built-in closets and the bathrooms are beautifully done with custom tile work. Both units include tasteful high-end lighting fixtures and beautiful kitchens with top-of-the-line stainless steel appliances, quartz countertops, custom backsplashes, and plenty of cabinet space. The lower unit has access to a fenced patio and the upper unit has access to a large rooftop deck with gorgeous city views. Students will have comfort and convenience with in-unit washers/dryers, a security system, central air conditioning and heating throughout. Located at Temple University and just minutes from numerous public transportation routes with easy access to Center City, Fairmount, and Northern Liberties. With an estimated gross operating income of 82,500.00 and an 8% cap rate, this building has excellent investment value and will be a great addition to any investor's portfolio. There are over 6 years left on the full 10 year tax abetment Schedule your showing today.
Location
State PA
County Philadelphia
Area 19121 (19121)
Zoning RM1
Interior
Hot Water Natural Gas
Heating Forced Air
Cooling Central A/C
Inclusions Stove, Microwave, Refrigerator, Dishwasher, Washer and Dryer.
Equipment Washer,Dryer,Refrigerator,Built-In Range,Built-In Microwave
Exterior
Exterior Feature Patio(s),Roof,Deck(s)
Water Access N
View City
Roof Type Fiberglass,Flat
Building
Foundation Permanent
Sewer Public Sewer
Water Public
Structure Type Dry Wall,High
New Construction Y
Schools
School District The School District Of Philadelphia
Others
Acceptable Financing FHA,Cash,Conventional,VA
Listing Terms FHA,Cash,Conventional,VA
Special Listing Condition Standard