Philadelphia, PA 19121,1817 N GRATZ ST
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Philadelphia, PA 19121,1817 N GRATZ ST
Philadelphia, PA 19121,1817 N GRATZ ST
Philadelphia, PA 19121,1817 N GRATZ ST
Philadelphia, PA 19121,1817 N GRATZ ST

$285,000

Est. payment /mo

$309,000

7.8%
Est.Price: ?

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1817 N GRATZ ST Philadelphia, PA 19121

5 Beds

2 Baths

1,608 SqFt

SOLD DATE : 06/13/2022

Key Details

Sold Price $285,000

Property Type Townhouse

Sub Type Interior Row/Townhouse

Listing Status Sold

Purchase Type For Sale

Square Footage 1,608 sqft

Price per Sqft $177

Subdivision Temple University

MLS Listing ID PAPH2056646

Style Straight Thru

Bedrooms 5

Full Baths 2

Year Built 1949

Annual Tax Amount $2,252

Tax Year 2022

Lot Size 889 Sqft

Property Description

Pre-Covid, this was leased at $2800. Listing price is based on current Covid rent of $2200. Everyone at Temple took a haircut during the pandemic but the correction is here for the 2022 school year. A turnover and new lease, at current market rents, will add instant value of $40 - 60K. Take advantage of the coming correction and check this out.

Spacious, sunny and turnkey in Prime Temple. This 5 bed, 2 bath is in the heart of desirable student rental territory and will make a fantastic addition to any investor's portfolio. This well-maintained three story is consistently rented to Temple students on a single lease. A spacious living area is conducive for a 5 person household to sprawl out accordingly and a large fenced back yard is great for entertaining. There are 3 bedrooms on the second floor and 2 on the third - both have a full bathroom. Hardwood floors and durable finishes throughout make this an easy turnover with little maintenance.

The rear has previously been used as parking and is currently a large fenced in yard. Converting back to parking could significantly increase rents. Please conduct your own due diligence in confirm parking viability with L&I.

Location

State PA

County Philadelphia

Area 19121 (19121)

Zoning RM1

Rooms

Other Rooms Living Room, Primary Bedroom, Bedroom 2, Bedroom 3, Kitchen, Bedroom 1

Interior

Hot Water Natural Gas

Heating Forced Air

Cooling Central A/C

Laundry Basement

Exterior

Water Access N

Building

Lot Description Rear Yard

Story 3

Foundation Permanent

Sewer Public Sewer

Water Public

New Construction N

Schools

School District The School District Of Philadelphia

Others

Acceptable Financing FHA, Exchange, Cash, FHA 203(k), VA

Listing Terms FHA, Exchange, Cash, FHA 203(k), VA

Special Listing Condition Standard

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Bright MLS (BMLS)
Listed by Ryan McLaughlin • DRG Philly
Bought with Kelly Ann Gorman • KW Philly

Jason Gareau

Broker

+1(609) 929-4486

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