1940 N Gratz St, PHILADELPHIA, PA 19121

Local realty services provided by:Better Homes and Gardens Real Estate Premier
1940 N Gratz St,PHILADELPHIA, PA 19121
$429,000
  • 3 Beds
  • - Baths
  • 2,253 sq. ft.
  • Multi-family
  • Active
Listed by:amy chen
Office:tesla realty group, llc.
MLS#:PAPH2524746
Source:BRIGHTMLS

Price summary

  • Price:$429,000
  • Price per sq. ft.:$190.41

About this home

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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Home facts

  • Year built:2010
  • Listing Id #:PAPH2524746
  • Added:8 day(s) ago
  • Updated:August 15, 2025 at 01:31 PM

Rooms and interior

  • Bedrooms:3
  • Living area:2,253 sq. ft.

Heating and cooling

  • Cooling:Central A/C
  • Heating:Central, Electric

Structure and exterior

  • Year built:2010
  • Building area:2,253 sq. ft.
  • Lot area:0.03 Acres

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$429,000
  • Price per sq. ft.:$190.41
  • Tax amount:$7,386 (2025)