2338 N GRATZ ST Philadelphia, PA 19132
4 Beds
1 Bath
1,134 SqFt
UPDATED:
Key Details
Property Type Townhouse
Sub Type Interior Row/Townhouse
Listing Status Active
Purchase Type For Sale
Square Footage 1,134 sqft
Price per Sqft $201
Subdivision None Available
MLS Listing ID PAPH2628000
Style Other
Bedrooms 4
Full Baths 1
HOA Y/N N
Abv Grd Liv Area 1,134
Year Built 1967
Annual Tax Amount $1,133
Tax Year 2025
Lot Size 666 Sqft
Acres 0.02
Lot Dimensions 14.00 x 47.00
Property Sub-Type Interior Row/Townhouse
Source BRIGHT
Property Description
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 OPPORTUNITY TO OWN A FULLY STABILIZED, INCOME-PRODUCING PROPERTY IN A RAPIDLY GROWING AREA!
Location
State PA
County Philadelphia
Area 19132 (19132)
Zoning RSA5
Rooms
Basement Unfinished
Interior
Hot Water 60+ Gallon Tank
Heating Baseboard - Electric
Cooling None
Fireplace N
Heat Source Natural Gas
Exterior
Water Access N
Accessibility None
Garage N
Building
Story 2
Foundation Brick/Mortar
Above Ground Finished SqFt 1134
Sewer Public Sewer
Water Public
Architectural Style Other
Level or Stories 2
Additional Building Above Grade, Below Grade
New Construction N
Schools
School District Philadelphia City
Others
Senior Community No
Tax ID 162061300
Ownership Fee Simple
SqFt Source 1134
Special Listing Condition Standard
NEARBY SCHOOLS & PROPERTIES
