This 11 year old constructed property is a fully occupied 9 bedroom duplex with both units leased for $3,255 per month on a M to M basis. Both units are rented out at under market rent, giving the units great upside to any investor interested in purchasing the building. The property is located just a few blocks from the Temple University main campus surrounded by new student development. The property features a full rear yard and roof deck, which allows it to command a premium over market rents. The building consists of a lower 4 bedroom bi-level unit and an upper 5 bedroom bi-level unit, each with access to a private outdoor space. Both units also come with an almost 1 to 1 of bed to bathroom ratio, making this ideal for leasing. The building includes a roof deck which is very unique for student rental properties at Temple University. The property is located on a popular student block, with several multi-family projects just completed and additional projects on the way. With increased demand for new construction inventory in the immediate area, this offering presents the opportunity to acquire a unique student development in a rapidly appreciating market with the ability to increase rent over time.
1933 N Gratz Street | MLS# PAPH2685286
This townhouse located at 1933 N Gratz Street , Philadelphia, PA 19121 is currently listed for sale with an asking price of $430,000. This property was built in 2015 and has 9 bedrooms and 8 full baths with 2565 sq. ft. N Gratz Street is located in the TEMPLE UNIVERSITY subdivision within the PHILADELPHIA CITY school district. Search TEMPLE UNIVERSITY real estate on www.karenrisserrealtor.com today.
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Corporate Office - 215 S Centerville Rd. Lancaster, PA 17603
James J Hafer - West Virginia Broker of Record
1933 N Gratz Street | MLS# PAPH2685286
This townhouse located at 1933 N Gratz Street , Philadelphia, PA 19121 is currently listed for sale with an asking price of $430,000. This property was built in 2015 and has 9 bedrooms and 8 full baths with 2565 sq. ft. N Gratz Street is located in the TEMPLE UNIVERSITY subdivision within the PHILADELPHIA CITY school district. Search TEMPLE UNIVERSITY real estate on www.karenrisserrealtor.com today.