1945 N Gratz Street, Philadelphia, PA 19121-2221 $550,000
Interior Sq. Ft: 1,809
Acreage: 0.03
Age:109 years
Taxes: $1,686
Design/Type:
Interior Row/Townhouse
Description
Discover an exceptional investment opportunity at 1945 N. Gratz St., situated in the thriving Temple University area. This duplex was beautifully renovated in 2018 and still benefits from the remainder of a 10-year tax abatement! Fully occupied through July 2025, this property offers an ideal blend of modern amenities and convenience, attracting students and renters alike. **Unit A** features a thoughtfully designed layout with hardwood floors throughout, accommodating 3 spacious bedrooms, each with its own private bathroom, plus an additional half bath on the first floor. The unit's well-appointed kitchen opens to the living area and this unit features a fenced spacious back patio, perfect for outdoor gatherings and BBQs. Each bedroom is equipped with custom closets, providing ample storage space, a feature highly valued by tenants. **Unit B** boasts 5 generously sized bedrooms and 3 modern bathrooms, making it an attractive option for students seeking comfort and style. The kitchen, adorned with sleek white cabinetry, a large island and stainless steel appliances, offers a fresh, contemporary look. Carpeting throughout the bedrooms adds an extra layer of soundproofing, enhancing privacy and tranquillity. Both units are separately metered and include air conditioning for comfort during warmer months and a security system for peace of mind. This property not only meets the demands of the current rental market but also stands out as a lucrative investment in a sought-after location. Don't miss your chance to own this exceptional property in the heart of the Temple University area.
Home Assoc: No
Condo Assoc: No
Basement: Y
Pool: No Pool
Features
Utilities
Central Heating, Forced Air Heating, Electric, Central A/C, Electric, Hot Water - Electric, Public Water, Public Sewer
Garage/Parking
On Street
Interior
Fully Finished Basement, Ceramic Tile Flooring, Wood Flooring
Exterior
Concrete Perimeter Foundation, Flat Roof, Brick Front Exterior
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Proximity does not guarantee enrollment eligibility. Please contact the school directly for more information on enrollment requirements.
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Public Elementary (162 schools)
Public Middle (31 schools)
Public High (73 schools)
Private (127 schools)
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This report is a detailed community overview for Philadelphia (19121), Pennsylvania.
Community Quick Facts
- Average travel time to work for people in this community: 32
- Average salary of people in this community: $31,826
Community Summary
- Population Density (ppl / mile): 13,816
- Household Size (ppl): 2.52
- Households w/ Children: 57%
Housing Inventory
- Owned: 3,933 (23.9%)
- Rented: 8,475 (51.6%)
- Vacant: 4,024 (24.5%)
- Total: 16,432
Population Demographics
The population of the community broken down by age group. The numbers at the top of each bar indicate the number of people in the age bracket below.
Climate and Weather
The Temperature chart displays average high and low values for January and July, and is designed to provide an indication of both seasonal and daily temperature variability. The Weather Risk Index indicates the calculated risk of each type of weather event occurring in the future. This risk is based on historical localized storm events and weather patterns. The national average for each type of weather event equals a score of 100, so a score of 200 would represent twice the risk as the national average, and a score of 50 would represent half the risk of the national average.
Temperature
Education
Highest Level of Education Attained
- Less than 9th Grade: 3.6%
- Some High School: 18.0%
- High School Graduate: 36.6%
- Some College: 21.7%
- Associate Degree: 4.5%
- Bachelor's Degree: 8.9%
- Graduate Degree: 6.8%
Income by dollar range
Median Income: $21,201
Fair Market Rents
The Fair Market Rents show average gross rent estimates based on figures provided by the U.S. Department of Housing and Urban Development (HUD).
- Studio: $631
- One Bedroom: $705
- Two Bedroom: $840
- Three Bedroom: $929
- Four Bedroom: $1,622
© 2024 LiveBy. All Rights Reserved.
Contact Information
Schedule an Appointment to See this Home
Request more information
or call me now at 302-234-3614
Listing Courtesy of: Compass Pennsylvania, LLC , (610) 822-3356, marianne.dillon@compass.com
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Information Deemed Reliable But Not Guaranteed.
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Listing data as of 11/27/2024.
Broker Compensation
An offer of broker compensation or seller concession is not a guarantee. All compensation offers and concessions are negotiable and subject to written agreement between the parties. Please consult with your real estate agent for more information.