2338 N Gratz St, Philadelphia, PA 19132
- $187,000
- 4
- BD
- 1
- BA
- 1,134
- SqFt
- List Price
- $187,000
- Price Change
- ▼ $12,000 1786606689
- Days on Market
- 102
- Status
- ACTIVE
- MLS#
- PAPH2628000
- Bedrooms
- 4
- Bathrooms
- 1
- Full Baths
- 1
- Living Area
- 1,134
- Lot Size (Acres)
- 0.02
- Style
- Other
- Year Built
- 1967
- County
- Philadelphia
- School District
- Philadelphia City
Property Description
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!
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Additional Information
- Area
- 19132 (19132)
- Subdivision
- None Available
- Taxes
- $1133
- School District
- Philadelphia City
- Heating
- Baseboard - Electric
- Heating Fuel
- Natural Gas
- Cooling
- None
- Water
- Public
- Sewer
- Public Sewer
- Basement
- Yes
Mortgage Calculator
Listing courtesy of HomeSmart Realty Advisors. Contact: 2156041191