New construction

1702 N GRATZ St, Philadelphia, PA 19121

Sqft
4,844

View property features, location on map, relevant school information and overview from seller's agent.

Listed byKW Empower
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Overview

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.

Location

Full feature list

Basic info

Property type
Multi-family
Square feet
4,844
Lot size (acres)
0.03
Year built
2020

Interior features

Basement
Yes, Finished
Laundry
In Unit

Exterior features

New construction
Yes
Water view
Yes

Utilities

Heating
Natural Gas
Cooling
Central Air
Sewer
Public Sewer
Water
Public Water

Taxes

Tax Annual Amount (2024)
$2,680

Public schools

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Disclaimer: Certain information displayed on this listing has been derived from parties other than Final Offer, LLC. Information provided and their sources have been deemed reliable, but accuracy of information is not guaranteed and therefore should be independently verified.

Sourced from: Bright MLS MLS®#: PAPH2630330 Last checked:

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