$400,000
$400,000
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1937 N GRATZ ST Philadelphia, PA 19121
2,511 SqFt
Key Details
Sold Price $400,000
Property Type Multi-Family
Sub Type Interior Row/Townhouse
Listing Status Sold
Purchase Type For Sale
Square Footage 2,511 sqft
Price per Sqft $159
Subdivision Temple University
MLS Listing ID 1003243613
Sold Date 06/15/17
Style Other
HOA Y/N N
Abv Grd Liv Area 2,511
Originating Board TREND
Year Built 2010
Annual Tax Amount $807
Tax Year 2017
Lot Size 1,325 Sqft
Acres 0.03
Lot Dimensions 16X80
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.
Location
State PA
County Philadelphia
Area 19121 (19121)
Zoning RM1
Rooms
Other Rooms Primary Bedroom
Basement Full
Interior
Hot Water Electric
Heating Electric
Cooling Central A/C
Flooring Wood, Fully Carpeted
Fireplace N
Heat Source Electric
Laundry Has Laundry
Exterior
Water Access N
Accessibility None
Garage N
Building
Sewer Public Sewer
Water Public
Architectural Style Other
Additional Building Above Grade
New Construction N
Schools
School District The School District Of Philadelphia
Others
Tax ID 321238901
Ownership Fee Simple
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Bought with Karl J Klotzbach • Coldwell Banker Realty
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