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Listed by Mike Coleman • Keller Williams Realty Devon-Wayne
$ 235,725
Est. payment /mo
New
1931 N GRATZ ST Philadelphia, PA 19121
1,307 Sqft Lot
UPDATED:
Key Details
Property Type Commercial
Sub Type Five Or More Units
Listing Status Active
Purchase Type For Sale
Subdivision Temple University
MLS Listing ID PAPH2639294
Year Built 1915
Annual Tax Amount $4,900
Tax Year 2026
Lot Size 1,307 Sqft
Acres 0.03
Property Sub-Type Five Or More Units
Source BRIGHT
Property Description
Investor Alert! 24-hour notice required for all showings. Fully occupied and fully leased through July 2027, this exceptional duplex offers immediate cash flow and strong long-term upside.
Currently generating $26,940 in annual gross rental income. This income-producing asset is an outstanding opportunity for investors seeking stable returns and dependable cash flow.
The property consists of two spacious student housing units totaling 5 bedrooms and 3 bathrooms:
Unit 1: 2 bed / 1 bath Current Rent $950 Future Rent Starting August 1st $1000 Unit 2: 5 bed / 3 bath Current Rent $1050 Future Rent Starting August 1st $1245
The rent increase from $24,000 to $26940 per month represents a 12.25% increase in gross rental income starting August 2026.
This property is being marketed individually and as a package that includes the properties with the following MLS numbers: PAPH2631578, PAPH2631596, PAPH2632718, PAPH2632744, PAPH2635058, PAPH2635078, PAPH2637494, PAPH2637506, PAPH2637526, PAPH2637534 PAPH2638432, PAPH2638436, PAPH2639300 and PAPH2639390
Currently generating $26,940 in annual gross rental income. This income-producing asset is an outstanding opportunity for investors seeking stable returns and dependable cash flow.
The property consists of two spacious student housing units totaling 5 bedrooms and 3 bathrooms:
Unit 1: 2 bed / 1 bath Current Rent $950 Future Rent Starting August 1st $1000 Unit 2: 5 bed / 3 bath Current Rent $1050 Future Rent Starting August 1st $1245
The rent increase from $24,000 to $26940 per month represents a 12.25% increase in gross rental income starting August 2026.
This property is being marketed individually and as a package that includes the properties with the following MLS numbers: PAPH2631578, PAPH2631596, PAPH2632718, PAPH2632744, PAPH2635058, PAPH2635078, PAPH2637494, PAPH2637506, PAPH2637526, PAPH2637534 PAPH2638432, PAPH2638436, PAPH2639300 and PAPH2639390
Location
State PA
County Philadelphia
Area 19121 (19121)
Zoning RM1
Interior
Hot Water 60+ Gallon Tank
Heating Forced Air
Cooling Central A/C
Heat Source Electric
Exterior
Water Access N
Accessibility None
Garage N
Building
Sewer Public Sewer
Water Public
New Construction N
Schools
School District The School District Of Philadelphia
Others
Tax ID 321239800
Ownership Fee Simple
Special Listing Condition Standard
NEARBY SCHOOL & BUSINESS