Traditional
1931 N GRATZ STREET
PHILADELPHIA, PA 19121
MLS#: PAPH2639290
$235,725
Property
Beds
5
Full Baths
None
1/2 Baths
None
Year Built
1915
Sq.Footage
1,699
Investor Alert! 24-hour notice required for all showings. Fully occupied and fully leased through July 2027, this exceptional duplex offers immediate cash flow and strong long-term upside. Currently generating $26,940 in annual gross rental income. This income-producing asset is an outstanding opportunity for investors seeking stable returns and dependable cash flow. The property consists of two spacious student housing units totaling 5 bedrooms and 3 bathrooms: Unit 1: 2 bed / 1 bath Current Rent $950 Future Rent Starting August 1st $1000
Unit 2: 5 bed / 3 bath Current Rent $1050 Future Rent Starting August 1st $1245 The rent increase from $24,000 to $26940 per month represents a 12.25% increase in gross rental income starting August 2026. This property is being marketed individually and as a package that includes the properties with the following MLS numbers: PAPH2631578, PAPH2631596, PAPH2632718, PAPH2632744, PAPH2635058, PAPH2635078, PAPH2637494, PAPH2637506, PAPH2637526, PAPH2637534 PAPH2638432, PAPH2638436, PAPH2639300 and PAPH2639390
Features & Amenities
Interior
-
Total Bedrooms
5
-
Bathrooms
N/A
-
Above Grade Finished Area
1699.0
-
Basement YN
YES
-
Cooling YN
YES
-
Cooling
Central Air, Electric
-
Heating YN
YES
-
Heating
Electric, Forced Air
-
Pet friendly
N/A
Exterior
-
Garage
No
-
Construction Materials
Brick
-
Parking
On Street
-
Pool
No
-
Waterfront YN
NO
Area & Lot
-
Lot Size(acres)
0.03
-
Lot Size(square feet)
1307.0
-
Property Type
Residential Income
-
Property Sub Type
Duplex
-
Architectural Style
Traditional
Price
-
Sales Price
$235,725
-
Tax Amount
$4,900
-
Sq. Footage
1, 699
-
Price/SqFt
$138
HOA
-
Association
No
School District
-
Elementary School
N/A
-
Middle School
N/A
-
High School
N/A
Property Features
-
New Construction
NO
-
Foundation Details
Brick/Mortar
-
Sewer
Public Sewer
-
Tax Lot
202
-
Water Source
Public
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Location
County
PHILADELPHIA
Elementary School
Middle School
High School
Listing Courtesy of Michael Coleman , Keller Williams Realty Devon-Wayne
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Owner, Chief Executive Officer, Portfolio Advisor
Todd Polinchock
Call Todd today to schedule a private showing.
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