1915 N GRATZ ST, Philadelphia, PA 19121
1915 N GRATZ ST, Philadelphia, PA 19121
1915 N GRATZ ST, Philadelphia, PA 19121
1915 N GRATZ ST, Philadelphia, PA 19121
1915 N GRATZ ST, Philadelphia, PA 19121
1915 N GRATZ ST, Philadelphia, PA 19121
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Gregory & Stephanie Ireland

Gregory & Stephanie Ireland

+1(202) 550-0018
Listed by Danielle Redenbaugh • BHHS Fox & Roach-Center City Walnut
$ 499,900
Est. payment | /mo

3,592 SqFt


Save
$ 499,900
Est. payment | /mo
Save

3,592 SqFt

Key Details

Property Type Multi-Family, Townhouse

Sub Type Interior Row/Townhouse

Listing Status Active

Purchase Type For Sale

Square Footage 3,592 sqft

Price per Sqft $139

MLS Listing ID PAPH2672658

Style Traditional

Abv Grd Liv Area 3,592

Year Built 2015

Annual Tax Amount $7,473

Tax Year 2026

Lot Size 1,325 Sqft

Acres 0.03

Property Sub-Type Interior Row/Townhouse

Source BRIGHT

Property Description

INVESTOR ALERT — 24 HOURS NOTICE REQUIRED FOR ALL SHOWINGS.

Ground-up new construction triplex completed in 2015, a short walk from Temple University's Main Campus. Ten bedrooms and ten bathrooms — true one-to-one parity, so every bedroom in the building has its own bathroom, which almost no competing stock in this submarket delivers.

Unit 1 — 4 bed / 4 bath — $1,700/mo.
Unit 2 — 2 bed / 2 bath — $1,250/mo.
Unit 3 — 4 bed / 4 bath — $1,700/mo.

Total $4,650/mo, or $55,800 annually on the 26/27 contract, and rent collected in the trailing year came in ahead of contract. Not a conversion: built new in 2015, with the major systems still young. Water is more than fully recovered from tenants, so the utility line runs negative for the year, and operating expenses run 26.1% of effective gross income — the tightest in this portfolio. The ten-year tax abatement expired after 2025 and the 2026 bill is carried in full, so an incoming owner inherits the tax line as shown. Owner's operating statement available to qualified buyers.

Location

State PA

County Philadelphia

Area 19121 (19121)

Zoning RM1

Interior

Hot Water 60+ Gallon Tank

Heating Forced Air

Cooling Central A/C

Heat Source Natural Gas

Exterior

Water Access N

Accessibility None

Garage N

Private Pool No

Building

Foundation Brick/Mortar

Above Ground Finished SqFt 3592

Sewer Public Sewer

Water Public

Architectural Style Traditional

Additional Building Above Grade, Below Grade

New Construction Y

Schools

School District Philadelphia City

Others

Tax ID 321239000

Ownership Fee Simple

SqFt Source 3592

Special Listing Condition Standard

Bright MLS (BMLS)

Nearby Locations

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1915 N GRATZ ST

Gregory & Stephanie Ireland

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

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