CHARIS REALTY GROUP

Contemporary

1702 N GRATZ STREET

PHILADELPHIA, PA 19121

MLS#: PAPH2630330

$965,000

Status: Active
Listing number: PAPH2630330
Listing provided by: KW Empower
Listing agent phone: None
Last update: 6 days ago
On site: 7 days ago
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Property

Beds

None

Full Baths

None

1/2 Baths

None

Year Built

2020

Sq.Footage

4,844

Turnkey investment opportunity just blocks from Temple University. Built in 2020, this newer construction duplex features two large student rental units: a 5-bedroom, 4-bath lower unit and a 6-bedroom, 4.5-bath upper unit. Both units offer spacious bedrooms, beautifully finished bathrooms with custom tile work, in-unit laundry, central air, security systems, and modern kitchens featuring quartz countertops, stainless steel appliances, custom backsplashes, and ample cabinet space. The lower unit includes access to a private fenced patio, while the upper unit boasts a large rooftop deck with impressive city views. Conveniently located near Temple University and public transportation, with easy access to Center City, Fairmount, and Northern Liberties, this property is ideally positioned to attract strong rental demand year after year. The property has enjoyed 100% occupancy with no vacancy during the current owner’s ownership, demonstrating its consistent rental performance and desirability among tenants. Approximately 4 years remain on the full 10-year tax abatement, providing substantial tax savings for the next owner. A rare opportunity to acquire a modern, low-maintenance multifamily asset in one of Philadelphia’s most active rental markets. Schedule your showing today.

Features & Amenities

Interior

  • Other Interior Features

    Eat-in Kitchen, Recessed Lighting, Built-in Features, Crown Molding, Open Floorplan, Soaking Tub

  • Total Bedrooms

    N/A

  • Bathrooms

    N/A

  • Above Grade Finished Area

    4844.0

  • Basement YN

    YES

  • Cooling YN

    YES

  • Cooling

    Central Air, Electric

  • Fireplace YN

    NO

  • Heating YN

    YES

  • Heating

    Natural Gas, Forced Air

  • Pet friendly

    N/A

Exterior

  • Garage

    No

  • Construction Materials

    Other

  • Parking

    On Street

  • Patio and Porch Features

    Patio, Deck

  • Pool

    No

  • Waterfront YN

    NO

  • View

    City

Area & Lot

  • Lot Size(acres)

    0.03

  • Lot Size(square feet)

    1256.0

  • Property Type

    Residential Income

  • Property Sub Type

    Duplex

  • Architectural Style

    Contemporary

Price

  • Sales Price

    $965,000

  • Tax Amount

    $2,680

  • Sq. Footage

    4, 844

  • Price/SqFt

    $199

HOA

  • Association

    No

School District

  • Elementary School

    N/A

  • Middle School

    N/A

  • High School

    N/A

Property Features

  • Stories

    4

  • New Construction

    YES

  • Foundation Details

    Permanent

  • Sewer

    Public Sewer

  • Tax Lot

    115

  • Water Source

    Public

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PHILADELPHIA

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Listing Courtesy of Andre Quain , KW Empower

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Agent Rob Freyer

AGENT

Rob Freyer

Call Rob today to schedule a private showing.

(410) 299-4811

rfbigbuck@gmail.com


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Turnkey investment opportunity just blocks from Temple University. Built in 2020, this newer construction duplex features two large student rental units: a 5-bedroom, 4-bath lower unit and a 6-bedroom, 4.5-bath upper unit. Both units offer spacious bedrooms, beautifully finished bathrooms with custom tile work, in-unit laundry, central air, security systems, and modern kitchens featuring quartz countertops, stainless steel appliances, custom backsplashes, and ample cabinet space. The lower unit includes access to a private fenced patio, while the upper unit boasts a large rooftop deck with impressive city views. Conveniently located near Temple University and public transportation, with easy access to Center City, Fairmount, and Northern Liberties, this property is ideally positioned to attract strong rental demand year after year. The property has enjoyed 100% occupancy with no vacancy during the current owner’s ownership, demonstrating its consistent rental performance and desirability among tenants. Approximately 4 years remain on the full 10-year tax abatement, providing substantial tax savings for the next owner. A rare opportunity to acquire a modern, low-maintenance multifamily asset in one of Philadelphia’s most active rental markets. Schedule your showing today.

1702 N GRATZ STREET

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