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2338 N GRATZ STREET

PHILADELPHIA, PA 19132

MLS#: PAPH2628000

$199,000

Status: Active
Listing number: PAPH2628000
Listing provided by: HomeSmart Realty Advisors
Listing agent phone: None
Last update: 5 days ago
On site: 21 days ago
Browse Properties
NONE AVAILABLE - Residential

Property

Beds

4

Full Baths

1

1/2 Baths

None

Year Built

1967

Sq.Footage

1,134

WELCOME TO THIS FULLY OCCUPIED, STABILIZED INVESTMENT PROPERTY AT 2338 N GRATZ ST! 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!

Features & Amenities

Interior

  • Total Bedrooms

    4

  • Bathrooms

    1

  • Above Grade Finished Area

    1134.0

  • Basement YN

    YES

  • Cooling YN

    YES

  • Cooling

    None, Electric

  • Fireplace YN

    NO

  • Heating YN

    YES

  • Heating

    Natural Gas, Baseboard

  • Pet friendly

    N/A

Exterior

  • Garage

    No

  • Construction Materials

    Brick

  • Parking

    None

  • Pool

    No

  • Waterfront YN

    NO

Area & Lot

  • Lot Size(acres)

    0.02

  • Lot Size(square feet)

    666.0

  • Property Type

    Residential

  • Property Sub Type

    Townhouse

  • Architectural Style

    Other

Price

  • Sales Price

    $199,000

  • Tax Amount

    $1,133

  • Sq. Footage

    1, 134

  • Price/SqFt

    $175

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

    332

  • Water Source

    Public

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Listing Courtesy of Gazi Ataseven , HomeSmart Realty Advisors

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Agent Todd Polinchock

Owner, Chief Executive Officer, Portfolio Advisor

Todd Polinchock

Call Todd today to schedule a private showing.

(267) 980-3930

todd@tntrealestatesolutions.com


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WELCOME TO THIS FULLY OCCUPIED, STABILIZED INVESTMENT PROPERTY AT 2338 N GRATZ ST! 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!

2338 N GRATZ STREET

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