1702 N GRATZ STREET Overview
- Time on Site:
- 26 days
- Visits:
- 0
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 Facts & Features
- Type Multi-Family
- Sq. ft. 4,844
- Price/Sq.ft. $199
- Lot 0.03 Acres
Details
General
Listing Information
- Real Estate Owned: No
- Short Sale: No
Building Information
- New Construction: Yes
- Pool: No Pool
- Total SQFT: 4844
- Year Built: 2020
Location/Region
- Country: US
- County: PHILADELPHIA
- County Or Parish: PHILADELPHIA
- MLS Area Major: 19121 (19121)
Parking Information
- Type of Parking: On Street
Tax Information
- City/Town Tax: 1179.00
- City/Town Tax Payment Frequency: Annually
- County Tax Payment Frequency: Annually
- School Tax: 1500.00
- Tax Annual Amount: $2,680.00
- Tax Assessed Value: 191460.00
- Tax Year: 2024
General Information
- Exclusions: Tenant's Possessions
- Property Condition: Excellent
- Property Sub Type: Duplex
- Property Type: Multi-Family
- School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA
- Special Listing Conditions: Standard
- Vacation Rental: No
- Year Assessed: 2025
- Zoning: RM1
Unit Information
- Other Units: Unit 1,Unit 2
Interior
Building Information
- Cooling Fuel: Electric
- Heating Fuel: Natural Gas
Parking Information
- Garage: No
Building Exterior/Construction
- Structure Type: End of Row/Townhouse
- Wall & Ceiling Types: Dry Wall,High
Building Interior
- Above Grade Finished Area: 4844
- Above Grade Finished Area Source: Estimated
- Above Grade Finished Area Units: Square Feet
- Below Grade Finished Area: 0
- Below Grade Finished Area Source: Estimated
- Below Grade Finished Area Units: Square Feet
- Central Air: Yes
- Hot Water: Natural Gas
General Information
- Accessibility Features: None
- Appliances: Washer, Dryer, Refrigerator, Built-In Range, Built-In Microwave
- Cooling: Central A/C
- Electric: 200+ Amp Service
- Fireplace: No
- Foundation Details: Permanent
- Interior Features: Floor Plan - Open, Built-Ins, Crown Moldings, Bathroom - Tub Shower, Bathroom - Stall Shower, Upgraded Countertops, Recessed Lighting, Combination Dining/Living, Dining Area, Kitchen - Eat-In, Wood Floors, Bathroom - Soaking Tub
- Living Area: 4844
- Living Area Source: Estimated
- Stories Total: 4
Unit Information
- One Bedroom Units Count: 0
- Single Room Units Count: 0
- Three Bedroom Units Count: 0
- Two Bedroom Units Count: 0
Exterior
Lot Information
- Lot Dimensions Source: Estimated
- Lot Size Dimensions: 16.00 x 74.00
- Lot Size Source: Estimated
- Lot Size Square Feet: 1256.00
- Lot Size Units: Square Feet
- Water Source: Public
Waterfront/View
- View: City
- Water Oriented: No
- Water View: No
- Waterfront: No
Building Exterior/Construction
- Architectural Style: Contemporary
- Construction Materials: Other
- Patio And Porch Features: Patio(s), Roof, Deck(s)
- Roof: Fiberglass, Flat
General Information
- Number Of Units Leased: 2
- Number Of Units Total: 2
- Other Structures: Above Grade,Below Grade
- Sewer: Public Sewer
- Water Access: No
Unit Information
Unit 1 Details
- Unit Type: Unit 1
- Beds Total: 5
Unit 2 Details
- Unit Type: Unit 2
- Beds Total: 6
1702 N GRATZ STREET Neighborhood
Community
19121 (PHILADELPHIA) Demographics
1702 N GRATZ STREET Monthly Cost
1702 N GRATZ STREET Market Data
Based on the last 30 days in this zip code
1702 N GRATZ STREET History
| Date | Value | Agent |
|---|---|---|
| 6/4/2026Source: BRIGHT MLS | June 04, 2026 |
|
| 12/3/2024Source: BRIGHT MLS | August 10, 2021 |
|
| 12/3/2024Source: BRIGHT MLS | August 09, 2022 |
Contact Information: [email protected] - 2156273500

