2338 N Gratz St, Philadelphia, PA 19132

Philadelphia
Local realty services provided by:Better Homes and Gardens Real Estate Murphy & Co.
2338 N Gratz St,Philadelphia, PA 19132
$229,000
  • 4 Beds
  • 1 Baths
  • 1,134 sq. ft.
  • Townhouse
  • Active
Listed by: gazi ataseven
Office: homesmart realty advisors
MLS#:PAPH2628000
Source:BRIGHTMLS

Price summary

  • Price:$229,000
  • Price per sq. ft.:$201.94

About this home

WELCOME TO THIS FULLY OCCUPIED, STABILIZED INVESTMENT PROPERTY AT 2338 N GRATZ ST! THIS TURNKEY INVESTMENT PROPERTY WAS FULLY RENOVATED IN 2023 AND IS CURRENTLY GENERATING $2,200 PER MONTH IN RENTAL INCOME. THE TENANT IS IN PLACE WITH A LEASE EXTENDING THROUGH 2028, PROVIDING IMMEDIATE CASH FLOW AND LONG-TERM STABILITY FOR INVESTORS. THE PROPERTY FEATURES 4 SPACIOUS BEDROOMS AND 1 FULL BATHROOM AND IS LOCATED IN AN UP-AND-COMING PHILADELPHIA NEIGHBORHOOD WITH STRONG RENTAL DEMAND AND FUTURE APPRECIATION POTENTIAL. WITH A PROJECTED 10% CAP RATE, THIS IS AN EXCELLENT OPPORTUNITY TO ADD A HIGH-PERFORMING ASSET TO YOUR INVESTMENT PORTFOLIO. WHETHER YOU ARE A SEASONED INVESTOR OR LOOKING TO EXPAND YOUR RENTAL HOLDINGS, THIS PROPERTY OFFERS STRONG CASH FLOW, LOW MAINTENANCE, AND ATTRACTIVE RETURNS. ADDITIONAL INVESTMENT INVENTORY IS AVAILABLE FOR A PORTFOLIO OR BUNDLE PURCHASE. FINANCIALS AND SUPPORTING DOCUMENTATION WILL BE PROVIDED TO QUALIFIED BUYERS UPON SERIOUS REQUEST. DON'T MISS THIS...

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Home facts

  • Year built:1967
  • Listing ID #:PAPH2628000
  • Added:4 day(s) ago
  • Updated:June 08, 2026 at 01:51 PM

Rooms and interior

  • Bedrooms:4
  • Total bathrooms:1
  • Full bathrooms:1
  • Rooms Total:4
  • Basement:Yes
  • Basement Description:Unfinished
  • Living area:1,134 sq. ft.

Heating and cooling

  • Heating:Baseboard - Electric, Natural Gas

Structure and exterior

  • Year built:1967
  • Building area:1,134 sq. ft.
  • Lot area:0.02 Acres
  • Construction Materials:Brick, Masonry
  • Foundation Description:Brick/Mortar
  • Levels:2 Stories

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$229,000
  • Price per sq. ft.:$201.94
  • Tax amount:$1,133 (2025)

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