Traditional
1928 N GRATZ STREET
PHILADELPHIA , PA 19121
MLS#: PAPH2449320
$664,900

Property
Beds
None
Full Baths
None
1/2 Baths
None
Year Built
2014
Sq.Footage
2,829
Check out this modern duplex situated on one of the most student-populated blocks in Temple University’s off-campus housing. This high-demand rental property offers luxurious living with premium amenities, including central air and heat, sleek hardwood flooring, natural stone kitchen counters, and in-unit laundry. Tenants enjoy easy access to key student destinations like Geasy Field, Polett Walk, and The Liacouras Center while being in the heart of Temple’s thriving off-campus community. Unit A is a 4-bedroom, 2-bathroom apartment featuring an expansive first-floor living area that flows seamlessly into a contemporary kitchen with an island and stainless steel appliances. Unit B is a 5-bedroom, 4-bathroom apartment with spacious layouts and custom closet shelving designed for student comfort. This unit also boasts high-end entertainment features, including a flat-screen TV with surround sound, outdoor speakers with aux hookups, and a large fiberglass rooftop deck with a stunning view of the Philadelphia skyline. The gross annual income for the 2025-2026 school year is $67,800 with estimated expenses at $19,191. With an estimated net operating income of $48,608 and offered at a 7.31% cap rate, this building is a cash flow machine and will be a great addition to any investor's portfolio! With a strong rental history, this duplex presents an excellent investment opportunity in one of the most sought-after student rental locations. Don’t miss out on adding this high-performing property to your portfolio!
Features & Amenities
Interior
-
Other Interior Features
Walk-In Closet(s), Built-in Features, Open Floorplan
-
Total Bedrooms
N/A
-
Bathrooms
N/A
-
Above Grade Finished Area
2829.0
-
Basement YN
YES
-
Cooling YN
YES
-
Cooling
Central Air, Gas
-
Fireplace YN
NO
-
Heating YN
YES
-
Heating
Natural Gas, Forced Air
Exterior
-
Garage
No
-
Construction Materials
Brick, Concrete
-
Parking
On Street
-
Patio and Porch Features
Deck, Patio
-
Pool
Yes
-
Pool Features
None
-
Waterfront YN
NO
Area & Lot
-
Lot Size(acres)
0.03
-
Property Type
Residential Income
-
Property Sub Type
Duplex
-
Architectural Style
Traditional
Price
-
Sales Price
$664,900
-
Tax Amount
8520.0
-
Sq. Footage
2, 829
-
Price/SqFt
$235
HOA
-
Association
No
School District
-
Elementary School
N/A
-
Middle School
N/A
-
High School
N/A
Property Features
-
Foundation Details
Concrete Perimeter
-
Sewer
Public Sewer
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Location
County
PHILADELPHIA
Elementary School
Middle School
High School
Listing Courtesy of James J Romano , Keller Williams Real Estate-Blue Bell
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TheresaKehler
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