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1940 N Gratz Street

PHILADELPHIA, PA 19121
  • $425,000
  • STATUS: Active
  • ON SITE: 35 Days
  • ID#: PAPH2567948
$425,000
  • 0
    BEDS
  • 0.03
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 2,253
    SQFT
  • $189
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
2010
County:

School Ratings & Info

School District:

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.

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©2026 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or The Schiff Home Team | eXp Realty LLC. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2026-01-21T23:51:15.327.
www.baltimorehousehunters.com/homes/171446679
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1940 N Gratz Street PHILADELPHIA, PA 19121

  • Price: $425,000
  • Status: Active
  • On Site: 35 Days
  • ID#: PAPH2567948
0
Beds
0
Baths
0
½ Baths
0.03
Acres
2,253
SQFT
$189
$/SQFT
2010
Built
Neighborhood:
19121 (19121)
County:
Philadelphia
Area:
19121 (19121)
School District:
Philadelphia City
Property 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.
Exterior Features

Architectural Style Straight Thru Construction Materials Masonry Garage YN No Parking Types On Street Pool No Pool Water Access YN No Water View YN No Waterfront YN No

Interior Features

Above Grade Fin SQFT 2253 Basement DaylightPartialFullFully FinishedInterior AccessWindowsSump PumpPoured Concrete Basement YN Yes Below Grade Finished Area 0 Below Grade Unfinished Area 0 Cooling Central A/C Exclusions Tenants' personal belongings and furniture. Fireplace YN No Heating Central Heating YN Yes Inclusions All appliances shown in as-is condition. Single Room Units 0 Three Bedroom Units 1 Two Bedroom Units 0

Property Features

Acceptable Financing CashConventionalFHAVABank Portfolio Accessibility Features 2+ Access Exits Central Air YN Yes Cooling Fuel Electric Foundation Details Concrete Perimeter Heating Fuel Electric Hot Water 60+ Gallon Tank Municipality PHILADELPHIA Navigable Water YN N New Construction YN No Number Of Units Leased 1 Number Of Units Total 2 Number Of Units Vacant 1 Original MLSNumber 804372512496 Ownership Interest Fee Simple Property Sub Type Duplex Sale Type Standard Sewer Public Sewer Structure Design Type Interior Row/Townhouse Tax Annual Amount 7386.00 Tax Lot 162 Vacation Rental YN No Water Source Public Zoning RM1

Listing courtesy of Tesla Realty Group, LLC: .


©2026 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or The Schiff Home Team | eXp Realty LLC. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2026-01-21T23:51:15.327.
 
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The Schiff Home Team | eXp Realty LLC
9505 Reisterstown Rd Ste 1S
Owings Mills MD, 21117