Philadelphia, PA 19121,1940 N GRATZ ST
Philadelphia, PA 19121,1940 N GRATZ ST
Philadelphia, PA 19121,1940 N GRATZ ST
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Listed by Amy Chen • Tesla Realty Group, LLC
$429,000
Est. payment /mo
1,301 SqFt
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UPDATED:

Key Details

Property Type Multi-Family, Townhouse

Sub Type Interior Row/Townhouse

Listing Status Active

Purchase Type For Sale

Square Footage 1,301 sqft

Price per Sqft $329

MLS Listing ID PAPH2524746

Style Straight Thru

Abv Grd Liv Area 2,253

Year Built 2010

Available Date 2025-08-07

Annual Tax Amount $7,386

Tax Year 2025

Lot Size 1,301 Sqft

Acres 0.03

Lot Dimensions 16.00 x 81.00

Property Sub-Type Interior Row/Townhouse

Source BRIGHT

Property Description

10% Cap Rate near Temple University! Gross projected monthly income $4,000. Great, responsible tenants who have been there for years. The duplex was built in 2010 with some new appliances and a maintained roof and HVAC. Unit A: 4 bed 2 full baths + backyard + finished basement - vacant since July 2025, perfect for owner occupied buyers. Unit B: 3 bed 1.5 baths - leased until July 2026. The property is well maintained and ready to cash flow. The property is self-managed by the owner. Landlords are retiring. This property is a perfect investment, and also great for househacking, Unit A can be available to live in immediately at settlement. Unit A is vacant and can be shown anytime. Unit B needs 24 hour advanced notice. Please show Unit A first; if interested, can schedule another appointment to see the occupied unit if it's not available the same day your client is available.

Location

State PA

County Philadelphia

Area 19121 (19121)

Zoning RM1

Rooms

Basement Fully Finished, Interior Access

Interior

Hot Water 60+ Gallon Tank

Heating Central

Cooling Central A/C

Inclusions All appliances shown in as-is condition.

Fireplace N

Heat Source Electric

Exterior

Water Access N

Accessibility 2+ Access Exits

Garage N

Building

Foundation Concrete Perimeter

Sewer Public Sewer

Water Public

Architectural Style Straight Thru

Additional Building Above Grade, Below Grade

New Construction N

Schools

School District Philadelphia City

Others

Tax ID 321248401

Ownership Fee Simple

SqFt Source Assessor

Acceptable Financing Cash, Conventional, FHA, VA, Bank Portfolio

Listing Terms Cash, Conventional, FHA, VA, Bank Portfolio

Financing Cash,Conventional,FHA,VA,Bank Portfolio

Special Listing Condition Standard


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Bright MLS (BMLS)
Steven Pagan

Our passion for real estate and love for New Jersey are a perfect match. We have made it our mission to help local residents sell their homes quickly and at the best possible prices, and  homebuyers in finding their perfect piece of paradise in New Jersey. 

+1(609) 631-5668

steven.pagan@thepagangroup.com

90 Tanner St, Haddonfield, NJ, 08033-2419, USA

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1940 N GRATZ ST