Address: 1910 N Gratz St, Philadelphia, PA 19121, USA
Property Description
NEW PRICE OF $410,000! Fully occupied, income-producing duplex near Temple University with $3,894 in monthly base rent-$46,728 annually-and existing leases extending through April 2027 and February 2028. An opportunity to acquire an operating rental property with established tenancy and recent major improvements. Built in 2012, the property features separate living spaces, in-unit laundry, and a rear yard. The roof was replaced in 2025, and the first-floor HVAC was replaced in 2026. Both tenants participate in Section 8, with no missed payments reported by the owner. Tenants reimburse the landlord for their unit water bills. Unit A rents for $2,100 per month, with a lease ending February 29, 2028. Unit B rents for $1,794 per month, with a lease ending April 30, 2027. Professional management is currently in place. Review the attached investor financial summary for itemized operating expenses and estimated income scenarios, including maintenance and vacancy allowances. Explore the Matterport tour and current photos to assess the layout and presentation before scheduling your showing. Property is offered with existing tenants in place. Income and expenses are owner-reported and subject to buyer verification.