1939 N Gratz St, Philadelphia, PA 19121

Property Description

Welcome to 1939 N Gratz St, a well-maintained duplex offering a total of 7 bedrooms and 3 full bathrooms in a prime location near Temple University. Unit 1 spans the first and second floor and lower level (finished basement), featuring 4 bedrooms, 2 full bathrooms, an updated kitchen with granite countertops and stainless steel appliances, in-unit laundry, and a private rear yard. The finished basement provides additional living space and includes the 4th bedroom. This unit is currently tenant occupied with a Section 8 tenant paying $2,470/month. Unit 2 occupies the upper levels in a bi-level layout and offers 3 bedrooms, 1 full bathroom, an updated kitchen with granite countertops and stainless steel appliances, and in-unit washer and dryer. The unit is currently vacant and was previously used as a furnished short-term rental, with projected Section 8 income of approximately $2,000/month. This property is ideal for investors seeking strong rental potential or owner-occupants looking to offset their mortgage with rental income. Property comes fully furnished. Conveniently located near Temple University, public transportation, shopping, and major commuter routes.