SQUARE FEET1,699
MLS#PAPH2639290
STATUSACTIVE
PROPERTY TYPEMulti Unit - Multiple
SUBDIVISIONTEMPLE UNIVERSITY
SCHOOLTHE SCHOOL DISTRICT OF PHILADELPHIA
Property Description
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
Property Features
Property Type: Multi Unit - Multiple
Basement: Unfinished
Basement: Yes
Cooling: Central A/C
Fuel Type: Electric
Heating: Forced Air
Home Style: Traditional
Lot Size: 0.03 Acres
Taxes: $4,900
Year Built: 1915
Feature Descriptions
Additional Structures: Above Grade, Below Grade
Exterior: Brick
Lot Dimensions: 0.03 Acre(S)
Municipality: PHILADELPHIA
Sewer: Public Sewer
Structure Type: Interior Row/Townhouse
Three Bedroom Units: 1
Two Bedroom Units: 1
Units: 2
Water: Public
Local Schools
School District: THE SCHOOL DISTRICT OF PHILADELPHIA
Listed By / Shown By
Listed By
Agency Name: Keller Williams Realty Devon-Wayne
Agency Phone: 6106478300
Shown By
Agent Name: Gretchen Raad
Agent Phone: Cell: (717) 629-8669
Agency Title: Berkshire Hathaway HomeServices Homesale Realty
First AmericanEstimate Your Payment
Estimated Payment
$ 1,001.71 per month $524.62 Principal & Interest $408.33 Property Tax $68.75 Homeowner's Insurance
Corporate Office - 215 S Centerville Rd. Lancaster, PA 17603
1931 N Gratz Street | MLS# PAPH2639290
This multi-family property located at 1931 N Gratz Street , Philadelphia, PA 19121 is currently listed for sale with an asking price of $235,725. N Gratz Street is located within the THE SCHOOL DISTRICT OF PHILADELPHIA school district. Search Philadelphia real estate on www.gretchenraad.com today.