1702 N Gratz St Philadelphia, PA 19121
North Philadelphia West NeighborhoodEstimated payment $5,644/month
Total Views
11,501
--
Bed
--
Bath
4,844
Sq Ft
$205
Price per Sq Ft
Highlights
- New Construction
- Open Floorplan
- Contemporary Architecture
- City View
- Deck
- 5-minute walk to Martin Luther King Recreation
About This Home
Great Investment Opportunity! This fantastic newer construction (2021) duplex is located only a few blocks from Temple University. This building offers one 5-bedroom/4-bathroom unit (lower unit) and one 6-bedroom/4.5-bathroom unit (upper unit). The bedrooms are spacious with built-in closets and the bathrooms are beautifully done with custom tile work. Both units include tasteful high-end lighting fixtures and beautiful kitchens with top-of-the-line stainless steel appliances, quartz countertops, custom backsplashes, and plenty of cabinet space. The lower unit has access to a fenced patio and the upper unit has access to a large rooftop deck with gorgeous city views. Students will have comfort and convenience with in-unit washers/dryers, a security system, central air conditioning and heating throughout. Located at Temple University and just minutes from numerous public transportation routes with easy access to Center City, Fairmount, and Northern Liberties. With an estimated gross operating income of 82,500.00 and an 8% cap rate, this building has excellent investment value and will be a great addition to any investor’s portfolio. There are over 6 years left on the full 10 year tax abetment Schedule your showing today.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $2,680
Lot Details
- 1,256 Sq Ft Lot
- Lot Dimensions are 16.00 x 74.00
- Property is in excellent condition
Parking
- On-Street Parking
Home Design
- New Construction
- Duplex
- Contemporary Architecture
- Flat Roof Shape
- Permanent Foundation
- Fiberglass Roof
Interior Spaces
- 4,844 Sq Ft Home
- Open Floorplan
- Built-In Features
- Crown Molding
- High Ceiling
- Recessed Lighting
- Combination Dining and Living Room
- Wood Flooring
- City Views
- Finished Basement
Kitchen
- Eat-In Kitchen
- Built-In Range
- Built-In Microwave
- Upgraded Countertops
Bedrooms and Bathrooms
- Soaking Tub
- Bathtub with Shower
- Walk-in Shower
Laundry
- Dryer
- Washer
Outdoor Features
- Deck
- Patio
Utilities
- Forced Air Heating and Cooling System
- 200+ Amp Service
- Natural Gas Water Heater
Community Details
- 2 Units
- 4-Story Building
Listing and Financial Details
- Tax Lot 115
- Assessor Parcel Number 471316910
Map
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Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $2,259 | $957,300 | $191,460 | $765,840 |
| 2024 | $2,259 | $957,300 | $191,460 | $765,840 |
| 2023 | $2,259 | $807,200 | $161,400 | $645,800 |
| 2022 | $673 | $161,400 | $161,400 | $0 |
| 2021 | $673 | $0 | $0 | $0 |
| 2020 | $673 | $0 | $0 | $0 |
| 2019 | $673 | $0 | $0 | $0 |
| 2018 | $673 | $0 | $0 | $0 |
| 2017 | $673 | $0 | $0 | $0 |
| 2016 | $116 | $0 | $0 | $0 |
| 2015 | $111 | $0 | $0 | $0 |
| 2014 | -- | $8,300 | $8,300 | $0 |
| 2012 | -- | $1,888 | $1,888 | $0 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/27/2025 04/27/25 | For Sale | $995,000 | +7.3% | $205 / Sq Ft |
| 07/29/2022 07/29/22 | Sold | $927,500 | -1.3% | $241 / Sq Ft |
| 06/27/2022 06/27/22 | Pending | -- | -- | -- |
| 06/08/2022 06/08/22 | For Sale | $939,900 | +338.2% | $245 / Sq Ft |
| 03/13/2020 03/13/20 | Sold | $214,500 | -9.8% | -- |
| 02/28/2020 02/28/20 | Pending | -- | -- | -- |
| 02/17/2020 02/17/20 | For Sale | $237,700 | -- | -- |
Source: Bright MLS
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $927,500 | Knights Abstract | |
| Deed | $214,500 | None Available | |
| Deed | $160,000 | Greater Montgomery Setmnt Sv | |
| Deed | $868 | -- | |
| Deed | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $640,000 | New Conventional | |
| Previous Owner | $640,000 | New Conventional |
Source: Public Records
About the Listing Agent
André is a Philadelphia native who has been in the real estate business for nearly a decade. He has a great appreciation and understanding for Philadelphia’s diversity, culture, and architectural integrity, and his vast knowledge of each neighborhood is what makes him excel in matching people with properties.
Andre’s passion for his city and his drive to restore and maintain its deep history, has led him to purchase, renovate, rent and sell his own properties throughout the area. Having
Andre's Other Listings
Source: Bright MLS
MLS Number: PAPH2473154
APN: 471316910
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