1950 N Gratz Street

Philadelphia, PA
$ 1,300,000 Beds 0 Baths 0
Monthly Estimate* How much can I afford?

Do not miss out on the opportunity to add this income producing Temple University triplex to your portfolio! The building offers one 5 bed 5 bathroom unit and two 4 bedroom 2.5 bathroom units. All three units are already fully leased for the upcoming 2021-22 school year and commissions have already been paid! The gross annual income for the 2021-22 school year is $107,220 with estimated expenses at only $15,353.40 with roughly 7 years left on the tax abatement. The estimated annual rent increases are 1.5-3%. The units feature hardwood flooring, stone countertops, gray shaker cabinetry, and all have washers and dryers in the units, the upper unit has a roof top deck. With an estimated net operating income of $91,867.60, this building is a cash flow machine and will be a great addition to any investors portfolio! The location is great, just a short walk to Temple's campus for students.

Pending

  • Price
  • $ 1,300,000
  • Lot Size
  • 1,307 SqFt
  • Bedrooms
  • 0
  • Full Bathrooms
  • 0
  • Year Built
  • 2017
  • Half Bathrooms
  • 0
  • City, Zip
  • Philadelphia
  • Taxes
  • $ 1147
  • County
  • PHILADELPHIA
  • Style
  • Straight Thru
  • Area
  • 19121
  • MLS#
  • PAPH2004430
  • Zip
  • 19121
Listing Provided by: Keller Williams Real Estate-Conshohocken
Data Source: Bright MLS - 382 - MD

Features

General

Acceptable Financing Cash, Conventional, Other
Accessibility None
Appliances Built-In Microwave, Dishwasher, Dryer, Freezer, Microwave, Oven/Range - Electric, Stainless Steel Appliances, Stove, Washer, Water Heater
Architectural Style Straight Thru
Basement Daylight, Partial, Full, Fully Finished
Construction Materials Masonry
Cool Fuel Electric
Cooling Central A/C
County PHILADELPHIA
Days on Market 42
Flooring Carpet, Ceramic Tile, Hardwood, Vinyl
Garage Y/N No
Heating Forced Air
High School District THE SCHOOL DISTRICT OF PHILADELPHIA
Interior Features Built-Ins, Carpet, Family Room Off Kitchen, Floor Plan - Open, Kitchen - Gourmet, Recessed Lighting, Stall Shower, Tub Shower, Upgraded Countertops, Wood Floors
MLS Area 19121 (19121)
Municipality PHILADELPHIA
New Construction No
Other Structures Above Grade, Below Grade
Other Units Unit 1, Unit 2, Unit 3
Ownership Fee Simple
Pool Y/N No Pool
Possession Negotiable
Price Per Sq Ft 331.97
Property SubType Triplex
Property Type Multi-Family
PropertyCondition Very Good, Excellent
Sewer Public Sewer
Structure Type End of Row/Townhouse
Subdivision Name TEMPLE UNIVERSITY
Tax Annual Amount 1147.0
Tax Lot 167
Tax Year 2021
Total Units 3
Vacation Rental Y/N No
Water Access Y/N No
Zoning RM1

Interior Features

Basement Y/N Yes
Central Air Y/N Yes
Heating Fuel Electric
Heating Y/N Yes
Hot Water Electric
Living Area 3916

Exterior Features

Inclusions All Appliances
Lot Dimensions 16.00 x 81.33
Lot Size Acres 0.03
Lot Size Source Assessor
Lot Size Square Feet 1301.00
Navigable Water Y/N No
Type of Parking On Street
Water Oriented Y/N No
Water Source Public
Water View Y/N No
Waterfront Y/N No

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Affordability Calculator

$2,869

Per Month

Based on the average sale price from the Forked River, NJ office

  • Monthly Principal & interest $1,740
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
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Let's determine your purchasing power. Working with my mortgage partner, you'll have the information you need to shop for a home with confidence.

Default based on a 30-year fixed rate of 2.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.

Schools

Elementary School Unknown Elementary School
Middle School Unknown Middle School
High School Unknown High School

Price History

6/25/2021 Listed $1,300,000

Property vs Zip Code Average in 19121

Price
AVG $370K
$1.3M
Taxes
AVG $3,018
$1,147
Visits
AVG 82
226
Year Built
AVG 1943
2017

Map

1950 N Gratz Street Philadelphia, PA is a Single Family Home for sale at $1300000 and a lot size of 1,307 SqFt Acre(s). 1950 N Gratz Street Philadelphia has 0 bedrooms, 0 baths and was built in 2017. The property's zip code is 19121 which is in Philadelphia, PA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 2.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.