1915 N Gratz St, Philadelphia, PA 19121
Local realty services provided by:Better Homes and Gardens Real Estate Community Realty
1915 N Gratz St,Philadelphia, PA 19121
$499,900
- 2 Beds
- - Baths
- 3,592 sq. ft.
- Multi-family
- Active
Listed by: danielle redenbaugh
Office: bhhs fox & roach-center city walnut
MLS#:PAPH2672658
Source:BRIGHTMLS
Price summary
- Price:$499,900
- Price per sq. ft.:$139.17
About this home
INVESTOR ALERT — 24 HOURS NOTICE REQUIRED FOR ALL SHOWINGS.
Ground-up new construction triplex completed in 2015, a short walk from Temple University's Main Campus. Ten bedrooms and ten bathrooms — true one-to-one parity, so every bedroom in the building has its own bathroom, which almost no competing stock in this submarket delivers.
Unit 1 — 4 bed / 4 bath — $1,700/mo.
Unit 2 — 2 bed / 2 bath — $1,250/mo.
Unit 3 — 4 bed / 4 bath — $1,700/mo.
Total $4,650/mo, or $55,800 annually on the 26/27 contract, and rent collected in the trailing year came in ahead of contract. Not a conversion: built new in 2015, with the major systems still young. Water is more than fully recovered from tenants, so the utility line runs negative for the year, and operating expenses run 26.1% of effective gross income — the tightest in this portfolio. The ten-year tax abatement expired after 2025 and the 2026 bill is carried in full, so an incoming owner inherits the tax line as shown. Owner's operating statement available to qualified buyers....
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Home facts
- Year built:2015
- Listing ID #:PAPH2672658
- Added:53 day(s) ago
- Updated:November 13, 2026 at 03:01 PM
Rooms and interior
- Bedrooms:2
- Living area:3,592 sq. ft.
Heating and cooling
- Cooling:Central A/C
- Heating:Forced Air, Natural Gas
Structure and exterior
- Year built:2015
- Building area:3,592 sq. ft.
- Lot area:0.03 Acres
- Architectural Style:Traditional
- Construction Materials:Masonry
- Foundation Description:Brick/Mortar
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$499,900
- Price per sq. ft.:$139.17
- Tax amount:$7,473 (2026)
Parking
- Parking description:Off Street, On Street
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