1940 N Gratz St

Philadelphia, PA 19121
  • $425,000

    Price
  • 3

    Bed
  • 0

    Bath
  • 2,253

    SqFt

About the Listing 55893 - 3292064

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.

Listing Highlights

Status Active
Days on Site 48
Property Type Multi-Family
MLS ® PAPH2567948
Year Built 2010
Total Square Footage 2,253
Lot/Acreage 0.03
County Philadelphia
School District Philadelphia City

Interior Details

  • Bedrooms: 3
  • Bathrooms: 0 Full
  • Appliances:
  • Air Cond: Central A/C
  • Heating: Central
  • Fireplaces:
  • Floor:
  • Above Ground Sq Ft: 2253
  • Below Ground Sq Ft: 0
  • Basement: Daylight,Partial,Full,Fully Finished,Interior Access,Windows,Sump Pump,Poured Concrete
  • Other:
  • Water: Public

Exterior Details

  • Lot Description: Not New Construction,Horse Property: No
  • Garage Capacity: N/A
  • Lot Dimensions: 16.00 x 81.00
  • Zoning: RM1
  • Roof:
  • Others:
  • Sewer: Public Sewer
  • Parking Features: On Street

Financial Details

  • Tax Amount: $7,386
  • Taxes w/Assessments: N/A
  • Tax/Property ID: N/A
  • Tax Year: 2025

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1940 N Gratz St Philadelphia, PA 19121

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Originating MLS: BRIGHT_MAIN

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