Price Reduction
Address
1910 N Gratz Street Philadelphia, PA
Price
$ 510,000
Property Attributes
  • MLS#PAPH978044
  • TypeMulti-Family
  • CountyPHILADELPHIA
  • CityPhiladelphia
  • Area19121
  • NeighborhoodTEMPLE UNIVERSITY
  • Zip19121
  • StyleContemporary
  • Year Built2012
  • Taxes1057
  • Price$ 510,000
  • Bedrooms7
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size1,307 SqFt
Listing Provided Courtesy Of:
Keller Williams Real Estate - Newtown
Data Source:
Bright MLS
Property Description

MULTIFAMILY with 7 Bedrooms and 4 Bathrooms. Grow your investment portfolio quickly with these income Opportunity. Currently making a CASH FLOW of $50,400 per year fully leased, Total Expenses are $3,497 per year, NOI $46,943 and CAP RATE OF 8.4% per year. The property is located three blocks from Temple University's Main Campus and broad St., between W. Berks St. and W Norris St. The property is only 8 years old since was built with central air and completely upgraded last year. Each building has two bilevel apartments. Students occupied. Huge apartments, each level around 950 sqft,2 bedroom on each level with a bathroom. Conveniently located within walking distance to Broad Street Line subway and Temple University. It is New Construction developments around each corner. This property is perfect for student rentals! Schedule an appointment to see this multi-family property today! **Tenants living in Units now**.

Price History
1/20/2021 Listed $560,000
3/10/2021 6% - $530,000
4/16/2021 4% - $510,000

General Features

Acceptable Financing Conventional, Cash
Accessibility 2+ Access Exits
Appliances Dishwasher, Dryer - Electric, Washer/Dryer Stacked
Architectural Style Contemporary
Construction Materials Masonry
Cool Fuel Electric
Cooling Central A/C
County PHILADELPHIA
Days on Market 85
Flooring Hardwood, Carpet
Garage Y/N No
Heating Forced Air
High School District THE SCHOOL DISTRICT OF PHILADELPHIA
Interior Features Carpet, Combination Kitchen/Dining, Floor Plan - Open, Kitchen - Efficiency
MLS Area 19121 (19121)
New Construction No
Numberofunitsvacant 2
One Bedroom Units Count 1
Other Structures Above Grade, Below Grade
Ownership Fee Simple
Possession 120-180 Days
Price Per Sq Ft 203.11
Property SubType Duplex
Property Type Multi-Family
PropertyCondition Excellent, Very Good
Rent Control Y/N No
Sewer Public Sewer
Single Room Units Count 7
Structure Type End of Row/Townhouse
Subdivision Name TEMPLE UNIVERSITY
Tax Annual Amount 1057.0
Tax Lot 147
Tax Year 2020
Total Rooms 7
Total Units 2
Utilities Cable TV Available, Electric Available
Vacation Rental Y/N No
Water Access Y/N No
Zoning RM1

Interior Features

Central Air Y/N Yes
Heating Fuel Central
Heating Y/N Yes
Hot Water Electric
Living Area 2511
Three Bedroom Units Count 2

Exterior Features

Lot Dimensions 16.33 x 81.33
Lot Size Acres 0.03
Lot Size Source Assessor
Lot Size Square Feet 1328.00
Navigable Water Y/N No
Pool Y/N No Pool
Type of Parking On Street
Water Oriented Y/N No
Water Source Public
Water View Y/N No
Waterfront Y/N No

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 19121

Price
AVG $580K
$510K
Taxes
AVG $2,967
$1,057
Visits
AVG 67
44
Year Built
AVG 1959
2012
Walkscore
AVG 78
77
Data Provided by Walkscore ® not using MLS data

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