2 months on rocket

1945 N Gratz St, Philadelphia, PA, 19121

$550,000

Home List Price

$6,531*

Closing Credit

0 Baths
1,809 SqFt
$304/SqFt
Multi

Location

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1945 N Gratz St, Philadelphia$550,000

Buyer Closing Credits

$6,531*

1.25% Loan Amount

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Property Highlights

Home TypeDuplex
ParkingOn Street
Year Built1915
HeatingCentral, Forced Air
CoolingCentral Air
BasementYes
MLS #PAPH2411506
Lot Size0.03 Acres
StatusActive
(ACTIVE)

About 1945 N Gratz St

Discover an exceptional investment opportunity at 1945 N. Gratz St., situated in the thriving Temple University area. This duplex was beautifully renovated in 2018 and still benefits from the remainder of a 10-year tax abatement! Fully occupied through July 2025, this property offers an ideal blend of modern amenities and convenience, attracting students and renters alike. **Unit A** features a thoughtfully designed layout with hardwood floors throughout, accommodating 3 spacious bedrooms, each with its own private bathroom, plus an additional half bath on the first floor. The unit's well-appointed kitchen opens to the living area and this unit features a fenced spacious back patio, perfect for outdoor gatherings and BBQs. Each bedroom is equipped with custom closets, providing ample storage space, a feature highly valued by tenants. **Unit B** boasts 5 generously sized bedrooms and 3 modern bathrooms, making it an attractive option for students seeking comfort and style. The kitchen, adorned with sleek white cabinetry, a large island and stainless steel appliances, offers a fresh, contemporary look. Carpeting throughout the bedrooms adds an extra layer of soundproofing, enhancing privacy and tranquillity. Both units are separately metered and include air conditioning for comfort during warmer months and a security system for peace of mind. This property not only meets the demands of the current rental market but also stands out as a lucrative investment in a sought-after location. Don't miss your chance to own this exceptional property in the heart of the Temple University area.

Property Details

Property Features

Property Information:

  • Architectural Style: Traditional
  • Year Built: 1915
  • Living Area: 1,809 SqFt

Listing Office:

  • Office Name: Compass Pennsylvania, LLC
  • Office Phone: (610) 822-3356
  • Listing Agent: Jordan B Wiener

Interior Features

Interior Information:

  • Basement: Yes
  • Flooring Type: Ceramic Tile, Wood

Exterior Features

Parking Information:

  • Parking: On Street

Lot Features

Lot Information:

  • Lot Size: 0.03 Acres

Utilities

Utilities Information:

  • Heating: Central, Forced Air
  • Cooling: Central Air

Other

Directions Information:

  • Directions: 1945 N Gratz St

Municipality:

  • Philadelphia

Price Information

Listing Price Info

Price Summary:

  • List Price: $550,000
  • Price Per SqFt: $304/SqFt

Tax Information:

  • Annual Amount: $1,304
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Philadelphia, PA.

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Philadelphia, PA

City

Med. Sold Price

$265.3K

Med. Price/SqFt

$200

Avg. Days On Market

45

# of Sold Homes

946

1945 N Gratz St vs Philadelphia

64 DAYS ON ROCKET

+19 Days

$550,000

+$284.6K More

$304/SqFt

+$103 More

KEY TAKEAWAY

This property is $284.6K more than the Median Sold Price and $103/SqFt more than other homes in Philadelphia, PA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: BRIGHT
  • MLS Number: #PAPH2411506

Listing Office:

  • Office Name: Compass Pennsylvania, LLC
  • Office Phone: (610) 822-3356
  • Listing Agent: Jordan B Wiener

IDX Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which participates, and is provided by BRIGHT through a licensing agreement.

The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have sold or are no longer being offered for sale. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. This home sale information is not to be construed as an appraisal and may not be used as such for any purpose.

BRIGHT MLS is the (or a) provider of this home sale information and has compiled content from various sources. Some properties represented may not have actually sold due to reporting errors. ©2024 BrightMLS. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/22/2024, 10:20:58 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Apr 01, 2021Home Sold
$659,500

Tax History

YEARPROP. TAXASSESSMENT
2020$1,304 -
2019$1,317$94,100
2018$1,593$113,800
2017$1,593$113,800

History based on county public records data.

Payment Calculator

$2,813

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,715

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-946070
2
/10

  • Kipp North Philadelphia Charter School

  • 2539 N 16th St

  • 0.66 miles

  • Public Charter Grades KG-6

school-card-donut-946071
1
/10

  • Richard R. Wright Elementary School

  • 2700 W Dauphin St

  • 0.85 miles

  • Public District Grades KG-5

school-card-donut-946072
1
/10

  • Thomas May Peirce Elementary School

  • 2300 W Cambria St

  • 1.06 miles

  • Public District Grades KG-6

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $14,759. Residents of Philadelphia, PA typically earn less than $35k each year. Typical family type is single, no kids. Typical level of education for residents in this area is high school diploma.

All data provided by Home Junction and Claritas

Rocket Homes›Pennsylvania›Philadelphia County›Philadelphia›19121›1945 N Gratz St

This home is located at 1945 N Gratz St in Philadelphia, PA and zip code 19121 in the Lower North Philadelphia neighborhood. This 1,809 square foot home, which was built in 1915, sits on a 0.03 acre lot. It has been listed on Rocket Homes since October 18, 2024 and is currently priced at $550,000.

In November 2024 more than 219 listings in Philadelphia, PA were sold above the asking price. During the same period more than 204 listings were sold at asking price, while more than 523 were sold below. In November 2024 in Philadelphia, PA there were 1.8% more homes for sale than in October 2024. While the average time on the market in November 2024 was 45 days, the median list price was $265,372.

From Rocket Homes Real Estate and based on county public records data.

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