1940 North Gratz Street

Philadelphia PA 19121

2253 sq. ft.

1301 sq. ft.

Duplex

Currently for sale - view listing

Overview

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.

Features

3 bedrooms

2253 sq. ft. floor area

1301 sq. ft. lot size

Duplex

Property history for 1940 North Gratz Street

2021

Sold

$440,000

21 Jun 2021 by Judith Mish, of REMAX Centre Realtors | Jamison

2019

Sold

$455,000

30 Oct 2019 by Karl Klotzbach, of Coldwell Banker Realty

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