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1937 N Gratz Street, Philadelphia, PA 19121
$400,000
1937 N Gratz Street, Philadelphia, PA 19121View this property at 1937 N Gratz Street, Philadelphia, PA 19121
1937 N Gratz StreetPhiladelphiaPA19121
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Property Description
Investment alert! This newer construction multifamily is in a prime TU location and has guaranteed rental income with student leases already in place through July 2018! Both units feature central air/heat, a modern kitchen w/stainless appliances & granite countertops, hardwood floors throughout the common areas, cozy carpeted bedrooms, and large living rooms. The first floor unit offers four bedrooms, two full baths, as well as access to the fenced-in backyard. This unit also includes the finished basement which houses the apartment's laundry room and additional living area. The second and third floor unit feature three bedrooms, a oversized full bath, and a stacked washer/dryer. The total monthly rental income is 3,750.00 and current leases are in place until the end of the next school year (July 2018). Remainder of ten year tax abatement and strong rental history make this a great long term investment! Photos of similar property.
Full Property Details
Full Property Details for 1937 N Gratz St
General
- Sold For: $400,000
- Taxes: $807 (2017)
- Status: Closed
- Type: Duplex
- MLS ID: 1003243613
- Added to Site: 2, 585 day(s) ago
Business
- Includes: Land Only
Interior
- Flooring: Wood, Fully Carpeted
Rooms
Bedrooms
- Primary Bedroom: Unspecified
Other Rooms
- Laundry: Has Laundry
Parking
- Parking Features: Street
Location
- Area: 19121 (19121)
- County: Philadelphia
- Development Name: Temple University
- Subdivision: Temple University
- Cross Streets: W Berks St
School Information
- School District: The School District Of Philadelphia
Heating & Cooling
- Central air: Yes
- Cooling Type: Central A/C
- Heating Type: Electric
- Heating Fuel: Electric
- Water Heater: Electric
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Structure Type: Townhouse/Rowhouse
- Construction: Brick
- Basement: Yes
- Basement Desc.: Full
- Sq. Ft. Source: Assessor
- Year Built: 2010
- Year Built Source: Estimated
- Property Condition: Average+Prop
Unit Information
- Other Units: Unit 1, Unit 2
Unit 1
- Unit Description: Unit 1
- Total Bathrooms: 2
- Bedrooms: 4
Unit 2
- Unit Description: Unit 2
- Total Bathrooms: 1
- Bedrooms: 3
Lot Features
- Lot Size (Acres): 0.03
- Lot Size (Sq. Ft.): 1,325
- Lot Dimensions: 16 x 80
- Zoning: RM1
Financial Considerations
- Tax w/Assessment: $57,627
- Tax Amount: $807
- Tax Year: 2017
Disclosures and Reports
- Ownership: Fee Simple
- Lot Number: 169
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Schools
Schools serving 1937 N Gratz St
School District:The School District Of Philadelphia
Rating | Name | Grades | Distance |
---|---|---|---|
Frederick Douglass Mastery Elementary School
2118 W Norris St, Philadelphia, PA 19121 | K-8 | 0.3 mi | |
3133 Ridge Ave, Philadelphia, PA 19121 | 9-12 | 1.2 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1937 N Gratz St
Date
Details
Price
Change
Source
6/15/2017
Sold
$400,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
1937 N Gratz Street, Philadelphia, PA 19121 (MLS# 1003243613) is a Duplex property that was sold at $400,000 on June 15, 2017. This property was listed by The Jordan Brody Team from our Old City Office.Want to learn more about 1937 N Gratz Street? Do you have questions about finding other Duplex real estate for sale in North Central? You can browse all North Central real estate or contact a Coldwell Banker agent to request more information.