1930 North Gratz Street

Philadelphia, PA 19121

$564,000
Price
12
Beds
4
Baths
2,925 Sq. Ft.
$193 / Sq. Ft.
2,925
Sq. Ft.
$193
per Sq. Ft.

Description

Prime Investment Opportunity Near Temple University! Welcome to 1930 N Gratz Street, a well-maintained duplex in the heart of a rapidly transforming area. This turnkey property offers an incredible opportunity for new and seasoned investors. Situated just steps away from Temple University, the duplex consists of two spacious bi-level units, each featuring 6 bedrooms and fully occupied, generating a combined rental income of $4,500 per month ($2,250 per unit). The current tenants are on a month-to-month...Prime Investment Opportunity Near Temple University! Welcome to 1930 N Gratz Street, a well-maintained duplex in the heart of a rapidly transforming area. This turnkey property offers an incredible opportunity for new and seasoned investors. Situated just steps away from Temple University, the duplex consists of two spacious bi-level units, each featuring 6 bedrooms and fully occupied, generating a combined rental income of $4,500 per month ($2,250 per unit). The current tenants are on a month-to-month lease, providing flexibility for future rental increases or new leasing opportunities. With its proximity to the university, this property is perfectly positioned for student housing, ensuring steady rental income for years to come. Offered AS-IS, this property is ideal for those looking to invest in a growing neighborhood and hold for the long term. Don’t miss out on this rare chance to acquire a high-performing asset in a prime location!
  1. Listed by Darwin Laureano • EXP Realty, LLC
    P: (610)-973-9441 darwin.laureano@exprealty.com

Property Details for 1930 North Gratz Street

Tax ID Number
321247900
Ownership
Fee Simple
Structure Type
Interior Row/Townhouse
Style
Straight Thru
Waterfront
No
Garage
No
Subdivision
TEMPLE UNIVERSITY
Subdivision
TEMPLE UNIVERSITY (PHILADELPHIA PA)
LISTING UPDATED: 10/01/2024 04:09 PM

Property Details for 1930 North Gratz Street

StatusActive
MLS #PAPH2391698
Days on Market80
Taxes$7,838 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family / Fee Simple
Year Built2013
Lot Size0.03 AC / 1,301 SF
CountyPhiladelphia County

Building Information for 1930 North Gratz Street

Stories-Residences2Year Built2013Building Size-Lot Size0.03 AC / 1,301 SF

Property Information for 1930 North Gratz Street

Location
Location
  • School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA
  • School District County ID: 300200397108
  • SchoolDistrictSource: Listing Agent
  • County: PHILADELPHIA
  • MLS Area: 19121 (19121)
Waterfront / Water Access
Waterfront / Water Access
  • Water View: No
  • Water Access: No
  • Water Oriented: No
  • Navigable Water: No
  • Tidal Water: No
  • Riparian Rights Y/N: No
Taxes and Assessment
Taxes and Assessment
  • Tax Year: 2024
  • Tax Assessed Value: $560,000
  • Year Assessed: 2024
  • County Tax: $0
  • Improvement Assessed Value: $448,000
  • City Town Tax: $3,449
  • Land Assessed Value: $112,000
  • Clean Green Assessed: No
  • Land Use Code: W50
  • Zoning: RM1
  • Tax Lot: 157
  • School Tax: $4,389
  • Automatically Update Tax Values Y/N: Yes
Unit Information
Unit Information
  • Single Room Units Count: 0
  • One Bedroom Units Count: 0
  • Two Bedroom Units Count: 0
  • Three Bedroom Units Count: 0
  • Other Units: Unit 1,Unit 2
  • Number Of Units Vacant: 0
  • Vacancy Allowance Rate: 5.00%
  • Number Of Units Month To Month: 2
Multi Family
Unit 1
  • Type: Unit 1
  • Unit Type Occupied YN: Yes
  • Level: 1
  • Beds Total: 6
  • Half Baths Count: 1
  • Full Baths Count: 2
Unit 2
  • Type: Unit 2
  • Level: 3
  • Beds Total: 6
  • Half Baths Count: 1
  • Full Baths Count: 2
Financial Information
Financial Information
  • Gross Income: $51,300
  • Net Operating Income: $34,746
  • Annual Rental Income: $54,000
  • Income Includes: Apartment Rentals
  • Cap Rate: 6.04
Building Info
Building Info
  • Building Level Count: 4
  • Building Units Total: 2
Lot / Land Information
Lot / Land Information
  • Lot Size Source: Assessor
  • Lot Size Dimensions: 16.00 x 81.00
  • Lot Dimensions Source: Assessor
  • Parcel ID: 1073980
Parking
Parking
  • Type Of Parking: None
Interior Features
Interior Features
  • Fireplace: No
  • Accessibility Features: None
Exterior Features
Exterior Features
  • Pool: No Pool
  • Other Structures: Above Grade
Utilities
Utilities
  • Heating: Yes
  • Cooling Type: Central A/C
  • Cooling Fuel: Electric
  • Heating Type: 90% Forced Air
  • Heating Fuel: Natural Gas
  • Hot Water: Natural Gas
  • Water Source: Public
  • Sewer Septic: Public Sewer

Property History for 1930 North Gratz Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1930 North Gratz Street

Taxable ValueLand$112,000Additions$448,000Total$560,000
Tax Record2023$7,839 ($653 / month)
Home Facts
Total Finished SqFt2,649 SqFtAbove Grade Finished SqFt2,649 SqFtStories3Lot Size1,301 SqFtStyleMulti-Family Dwelling (2-4)Year Built2013ZoningRM1CountyPHILADELPHIAAPN32-1-2479-00

Schools near 1930 North Gratz Street

This home is within The School District of Philadelphia.
Rating
School
Type
Grades
Distance
Charter - K to 8
Public - 9 to 12
Public - 7 to 12
Public - 9 to 12
Rating
School
Distance
Strawberry Mansion High School
Public9 to 12

Carver High School
Public7 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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1930 North Gratz Street is a multi-family home for sale in Philadelphia, PA 19121. This property was listed for sale on August 30, 2024 by EXP Realty, LLC, it's currently listed at $564,000. It has been on the market for a total of 80 days and was last sold on December 19, 2013. This listing's school district is The School District of Philadelphia. Nearby schools include Young Scholars Frederick Douglass Charter School, Strawberry Mansion High School and Carver High School. 1930 North Gratz Street is a 12-bed, 4-bath, 2,925 sqft multi-family home built in 2013.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of EXP Realty, LLC

Based on information from one of the following Multiple Listing Services: BRIGHT, Greator Scranton Board of REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by BRIGHT, Greator Scranton Board of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.