1916 N Gratz St, Philadelphia, PA 19121

Philadelphia
Local realty services provided by:ERA Byrne Realty
1916 N Gratz St,Philadelphia, PA 19121
$199,999
  • 5 Beds
  • 2 Baths
  • 1,704 sq. ft.
  • Townhouse
  • Active
Listed by: michael coleman, danielle redenbaugh
Office: keller williams realty devon-wayne
MLS#:PAPH2639300
Source:BRIGHTMLS

Price summary

  • Price:$199,999
  • Price per sq. ft.:$117.37

About this home

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...

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Home facts

  • Year built:1915
  • Subdivision & Development:TEMPLE UNIVERSITY
  • Listing ID #:PAPH2639300
  • Added:60 day(s) ago
  • Updated:August 20, 2026 at 01:52 PM

Rooms and interior

  • Bedrooms:5
  • Total bathrooms:2
  • Full bathrooms:2
  • Basement:Yes
  • Basement Description:Unfinished
  • Living area:1,704 sq. ft.

Heating and cooling

  • Cooling:Central A/C
  • Heating:Forced Air, Natural Gas

Structure and exterior

  • Year built:1915
  • Building area:1,704 sq. ft.
  • Lot area:0.03 Acres
  • Architectural Style:Traditional
  • Construction Materials:Masonry
  • Foundation Description:Brick/Mortar
  • Levels:3 Story

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$199,999
  • Price per sq. ft.:$117.37
  • Tax amount:$5,351 (2026)

Parking

  • Parking description:On Street

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