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1945 N Gratz St
For Sale $550,000 ($304.04 per Sq Ft)
$550,000 ($304.04 per Sq Ft)
- Unknown Bedrooms
- Unknown Bathrooms
- 1,809 Sq Ft
- 1,205 Sq Ft
Description
Discover an exceptional investment opportunity at 1945 N. Gratz St., situated in the thriving Temple University area. This duplex was beautifully renovated in 2018 and still benefits from the remainder of a 10-year tax abatement! Fully occupied through July 2025, this property offers an ideal blend of modern amenities and convenience, attracting students and renters alike.
**Unit A** features a thoughtfully designed layout with hardwood floors throughout, accommodating 3 spacious bedrooms, each with its own private bathroom, plus an additional half bath on the first floor. The unit's well-appointed kitchen opens to the living area and this unit features a fenced spacious back patio, perfect for outdoor gatherings and BBQs. Each bedroom is equipped with custom closets, providing ample storage space, a feature highly valued by tenants.
**Unit B** boasts 5 generously sized bedrooms and 3 modern bathrooms, making it an attractive option for students seeking comfort and style. The kitchen, adorned with sleek white cabinetry, a large island and stainless steel appliances, offers a fresh, contemporary look. Carpeting throughout the bedrooms adds an extra layer of soundproofing, enhancing privacy and tranquillity.
Both units are separately metered and include air conditioning for comfort during warmer months and a security system for peace of mind. This property not only meets the demands of the current rental market but also stands out as a lucrative investment in a sought-after location. Don't miss your chance to own this exceptional property in the heart of the Temple University area.
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Amenities
Garage
Pool
Garden
Security System
Internet
Telephone
Heating
Fireplace
Balcony & Patio
TV / Cable
Laundry
Hardwood Floors
Spa
Air Conditioning
Solar Power
Floor Plan
Great Views
Natural Light
Quiet
Water View
Elevator
Guest Unit(s)
Furnished
220 Volt
Property Details
| List Price | $550,000 |
| Property Type | Duplex (2-units) |
| Usable Sqft | 1,809 |
| Number of Stories | 0 stories |
| Parking Spots | 0 spots |
| Year Built | 1915 |
| Last Sold | Unknown |
| Sold Price | Unknown |
| APN # | 321240500 |
| MLS # | PAPH2411506 |
| Property ID | 293686620 |
| Lot Sqft | 1,205 |
| Zoning | RM1 |
| Total Units | 2 |
| Days on Market | 38 |
| Original List Price | Unknown |
| Date Updated | October 18, 2024 |
| Date Created | October 17, 2024 |
| Unit # | Beds | Baths | Current Rent | Proforma Rent |
| Unit #1 | $66,300 | $0 |
| Net Income (Yr) | $ 39,101 |
| Cap Rate | 7.10% |
Listing Provided By
Jordan B Wiener an agent of Compass Pennsylvania, LLC. Lic #RS229414
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Data last updated: November 24, 2024.
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REAL ESTATE AGENT