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Photo of 1940 N Gratz Street, Philadelphia PA
1940 N Gratz Street
Philadelphia, PA 19121
# of Units
2
3 Bdrm Units
1
Acres
0.03
Interior SqFt
2,253
Age
15
Heating
Electric
Cooling
Central A/C
Water
Public
Sewer
Public
Garages
0
Taxes (2025)
7,386
Additional Details Below

Description

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.

Location

Driving Directions

Turn left on Gratz St.

Listing Details

Summary
Architectural Type

Straight Thru

Interior Features
Basement

Fully Finished, Interior Access, Concrete Perimeter

Exterior Features
Exterior Features

Masonry

Utilities
Cooling

Central A/C, Electric

Heating

Central, Electric

Hot Water

60+ Gallon Tank

Sewer

Public Sewer

Water

Public

Property History

Date
Change
Price

Miscellaneous

Assessment : 0
Zoning: Rm1
Lattitude : 39.983639
Longitude : -75.164413
MLS# : PAPH2524746
Views : 16
Listing Courtesy: Amy Chen of Tesla Realty Group, LLC

Notes

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Presentation: © 2025 EveryHome, Realtors, All Rights Reserved. EveryHome is licensed by the Pennsylvania Real Estate Commission - License RB066839

Real estate listings held by brokerage firms other than EveryHome are marked with the IDX icon and detailed information about each listing includes the name of the listing broker.

The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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