1945 N Gratz Street, Philadelphia, PA 19121-2221 $550,000

# of Units: 2
Interior Sq. Ft: 1,809
Acreage: 0.03
Age:110 years
Taxes: $1,686
MLS#: PAPH2411506
Design/Type:
Interior Row/Townhouse

Description

Discover an exceptional investment opportunity at 1945 N. Gratz St., situated in the thriving Temple University area. This duplex was beautifully renovated in 2018 and still benefits from the remainder of a 10-year tax abatement! Fully occupied through July 2025, this property offers an ideal blend of modern amenities and convenience, attracting students and renters alike. **Unit A** features a thoughtfully designed layout with hardwood floors throughout, accommodating 3 spacious bedrooms, each with its own private bathroom, plus an additional half bath on the first floor. The unit's well-appointed kitchen opens to the living area and this unit features a fenced spacious back patio, perfect for outdoor gatherings and BBQs. Each bedroom is equipped with custom closets, providing ample storage space, a feature highly valued by tenants. **Unit B** boasts 5 generously sized bedrooms and 3 modern bathrooms, making it an attractive option for students seeking comfort and style. The kitchen, adorned with sleek white cabinetry, a large island and stainless steel appliances, offers a fresh, contemporary look. Carpeting throughout the bedrooms adds an extra layer of soundproofing, enhancing privacy and tranquillity. Both units are separately metered and include air conditioning for comfort during warmer months and a security system for peace of mind. This property not only meets the demands of the current rental market but also stands out as a lucrative investment in a sought-after location. Don't miss your chance to own this exceptional property in the heart of the Temple University area.

Taxes: $1,686
Home Assoc: No
Condo Assoc: No
Garage: N
Basement: Y
Pool: No Pool
School Dist: The School District Of Philadelphia

Features

Utilities
Central Heating, Forced Air Heating, Electric, Central A/C, Electric, Hot Water - Electric, Public Water, Public Sewer

Garage/Parking
On Street

Interior
Fully Finished Basement, Ceramic Tile Flooring, Wood Flooring

Exterior
Concrete Perimeter Foundation, Flat Roof, Brick Front Exterior

Contact Information

Listing Courtesy of: Compass Pennsylvania, LLC , (610) 822-3356, marianne.dillon@compass.com

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Listing data as of 3/02/2025.