1702 N Gratz Street
Philadelphia, PA 19121
- – beds
- – baths
- 4,844 sqft
- 1,256 sqft lot
- $205 per sqft
Great Investment Opportunity! This fantastic newer construction (2021) duplex is located only a few blocks from Temple University. This building offers one 5-bedroom/4-bathroom unit (lower unit) and one 6-bedroom/4.5-bathroom unit (upper unit). The bedrooms are spacious with built-in closets and the bathrooms are beautifully done with custom tile work. Both units include tasteful high-end lighting fixtures and beautiful kitchens with top-of-the-line stainless steel appliances, quartz countertops, custom backsplashes, and plenty of cabinet space. The lower unit has access to a fenced patio and the upper unit has access to a large rooftop deck with gorgeous city views. Students will have comfort and convenience with in-unit washers/dryers, a security system, central air conditioning and heating throughout. Located at Temple University and just minutes from numerous public transportation routes with easy access to Center City, Fairmount, and Northern Liberties. With an estimated gross operating income of 82,500.00 and an 8% cap rate, this building has excellent investment value and will be a great addition to any investor’s portfolio. There are over 6 years left on the full 10 year tax abetment Schedule your showing today.
Last checked:
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Last updated May 6, 2025
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MLS# PAPH2473154 —
The Building
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Roof:Fiberglass, Flat
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New Construction:Yes
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Construction Materials:Other
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Construction Completed:No
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Building Levels:4
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Building Units Total:2
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Structure Type:Twin/Semi-Detached
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Architectural Style:Contemporary
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Accessibility Features:None
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Foundation Details:Permanent
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Basement:Yes
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Basement Type:Fully Finished
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Total SqFt Source:Estimated
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Total Below Grade SqFt Source:Assessor
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Tax Total Finished SqFt:3844
Interior
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Interior Features:Floor Plan - Open, Built-Ins, Crown Moldings, Bathroom - Tub Shower, Bathroom - Stall Shower, Upgraded Countertops, Recessed Lighting, Combination Dining/Living, Dining Area, Kitchen - Eat-In, Wood Floors, Bathroom - Soaking Tub
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Fireplace:No
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Wall & Ceilings:Dry Wall, High
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Living Area SqFt Source:Estimated
Room Dimensions
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Total SqFt:4844
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Living Area SqFt:4,844 Sqft
Financial & Terms
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Sale Type:Standard
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Acceptable Financing:FHA, Cash, Conventional, VA
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Possession:0-30 Days CD
Location
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Directions:gps
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Latitude:39.98002243
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Longitude:-75.16518402
The Property
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Property Type:Multi-Family
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Property Subtype:Duplex
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Property Condition:Excellent
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Lot Size Units:Square Feet
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Lot Size Acres:0.03
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Lot Size Source:Assessor
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Lot Size Dimensions:16.00 x 74.00
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Lot Dimensions Source:Assessor
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Lot SqFt:1,256 Sqft
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Inclusions:Stove, Microwave, Refrigerator, Dishwasher, Washer and Dryer.
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Exclusions:Tenant's Possessions
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Zoning:RM1
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View:City
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Outdoor Living Structures:Patio(s), Roof, Deck(s)
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Other Structures:Above Grade, Below Grade
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Waterview:No
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Waterfront:No
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Water Oriented:No
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Water Access:No
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Navigable Water:No
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Tidal Water:No
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Riparian Rights:No
Listing Agent
- Contact info:
- Agent phone:
- (215) 500-9180
- Office phone:
- (215) 627-3500
Taxes
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Tax ID Number:471316910
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Tax Year:2024
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Tax Lot:115
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Tax Annual Amount:$2,680
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Tax Assessed Value:$191,460
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Year Assessed:2025
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School Tax:1500.0
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City/Town Tax:1179.00
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Total Taxes Payment Frequency:Annually
Heating & Cooling
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Cooling Type:Central A/C
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Central Air:Yes
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Cooling Fuel:Electric
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Heating:Yes
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Heating Type:Forced Air
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Heating Fuel:Natural Gas
Utilities
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Sewer/Septic:Public Sewer
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Electric Service:200+ Amp Service
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Hot Water:Natural Gas
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Water Source:Public
Appliances
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Appliances:Washer, Dryer, Refrigerator, Built-In Range, Built-In Microwave
Schools
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School District Name:The School District Of Philadelphia
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School District Source:Listing Agent
The Community
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Pool:No Pool
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Cap Rate:8.22
Parking
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Garage:No
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Type of Parking:On Street
Extra Units
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Other Units:Unit 1,Unit 2
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Vacation Rental:No
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Units Furnished:None
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
4/26/25
Apr 26, 2025
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Listed / Active | BRIGHT | $995,000 |