10% Cap Rate near Temple University! Gross monthly income $4,000. Tenants pay on time every month. 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 - leased until July 2024. Unit B: 3 bed 1.5 baths - leased until July 2025. 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 by July 2025. Security cameras by Vector Security are installed and the property is fully equipped and ready to go.
Sold for $465,000 on 07/31/24
$465,000
1938 N Gratz St, Philadelphia, PA 19121
7beds
4baths
2,673sqft
Townhouse
Built in 2010
-- sqft lot
$476,800 Zestimate®
$174/sqft
$1,354 Estimated rent
What's special
Zillow last checked: 7 hours ago
Listing updated: September 23, 2024 at 03:17pm
Listed by:
Amy Chen 347-221-5875,
Tesla Realty Group, LLC
Bought with:
Trey Farmer, RS331810
Diversified Realty Solutions
Source: Bright MLS,MLS#: PAPH2368676

Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 7
- Bathrooms: 4
Basement
- Area: 0
Heating
- Central, Natural Gas
Cooling
- Central Air, Electric
Appliances
- Included: Water Heater
Features
- Basement: Partial,Connecting Stairway,Finished,Interior Entry
- Has fireplace: No
Interior area
- Total structure area: 2,673
- Total interior livable area: 2,673 sqft
Property
Parking
- Parking features: On Street
- Has uncovered spaces: Yes
Accessibility
- Accessibility features: 2+ Access Exits
Features
- Pool features: None
Lot
- Size: 1,301 sqft
- Dimensions: 16.00 x 81.00
Details
- Additional structures: Above Grade, Below Grade
- Parcel number: 321248300
- Zoning: RM1
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Traditional
- Property subtype: Townhouse
Materials
- Masonry
- Foundation: Concrete Perimeter
Condition
- Excellent
- New construction: Yes
- Year built: 2010
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Location
- Region: Philadelphia
- Municipality: PHILADELPHIA
HOA & financial
Other financial information
- Total actual rent: 4000
Other
Other facts
- Listing agreement: Exclusive Right To Sell
- Income includes: Apartment Rentals
- Ownership: Fee Simple
Services availability
Sell for more on Zillow
Get a free Zillow Showcase℠ listing and you could sell for .
$476,800
2% more+ $9,536
With Zillow Showcase(estimated)
$486,336