Traditional
1916 N GRATZ STREET
PHILADELPHIA, PA 19121
MLS#: PAPH2639300
$199,999
Property
Beds
5
Full Baths
2
1/2 Baths
None
Year Built
1915
Sq.Footage
1,704
Investor Alert! 24-hour notice required for all showings. Currently operating as a 5-bedroom, 2 bath rental, the property generates $22,800 Gross annual rent starting August 2026 and is fully leased through July 2027, providing investors with stable, predictable returns from day one. Offering a nearly 9% cap rate. The property sits in the heart of Temple University's off-campus student housing district and has long been a favorite among student renters. Featuring a private roof deck, expansive private patio, and full basement, it offers the outdoor space and amenities that consistently drive demand in the area. Its prime location and unique features make it a perennial standout for off-campus housing seekers. Offering an 8.5%+ cap rate, this is the type of opportunity savvy investors search for but rarely find. With stable income already in place, strong rental demand, and attractive returns from day one, this property delivers the combination of cash flow and value that is becoming increasingly difficult to find in today's market. This property is being marketed individually and as a package that includes the properties with the following MLS numbers: PAPH2631578, PAPH2631596, PAPH2632718, PAPH2632744, PAPH2635058, PAPH2635078, PAPH2637494, PAPH2637506, PAPH2637526, PAPH2637534 PAPH2638432, PAPH2638436, PAPH2639290 PAPH2639294, PAPH2639300 and PAPH2639390
Features & Amenities
Interior
-
Total Bedrooms
5
-
Bathrooms
2
-
Above Grade Finished Area
1704.0
-
Basement YN
YES
-
Cooling YN
YES
-
Cooling
Central Air, Electric
-
Heating YN
YES
-
Heating
Natural Gas, Forced Air
-
Pet friendly
N/A
Exterior
-
Garage
No
-
Parking
On Street
-
Pool
No
-
Waterfront YN
NO
Area & Lot
-
Lot Size(acres)
0.03
-
Lot Size(square feet)
1307.0
-
Property Type
Residential
-
Property Sub Type
Townhouse
-
Architectural Style
Traditional
Price
-
Sales Price
$199,999
-
Tax Amount
$5,351
-
Sq. Footage
1, 704
-
Price/SqFt
$117
HOA
-
Association
No
School District
-
Elementary School
N/A
-
Middle School
N/A
-
High School
N/A
Property Features
-
New Construction
NO
-
Foundation Details
Brick/Mortar
-
Senior Community YN
NO
-
Sewer
Public Sewer
-
Tax Lot
150
-
Water Source
Public
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Location
County
PHILADELPHIA
Elementary School
Middle School
High School
Listing Courtesy of Michael Coleman , Keller Williams Realty Devon-Wayne
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Owner, Chief Executive Officer, Portfolio Advisor
Todd Polinchock
Call Todd today to schedule a private showing.
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