$89,900

1835 N GRATZ STREET, Philadelphia, PA 19121

  • 920 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1915
  • Property Lot Size Icon871sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $98/sqft
  • Property List Date Icon Listed 2 months ago

Property Description

Prime RM1 Building Opportunity! Incredible investment opportunity in TEMPLE UNIVERSITY/CECIL B MOORE area of North Philadelphia. Zoning RM1 Legally allowable up to 4 units. Quadruplex New Construction Multi-Family values between: $400K-$1,000,000M depending on finishes and additional upgrades. Photos are of multiple recent new construction projects less than a quarter mile of this property. Whether you're an investor looking to flip for a profit or seeking to build and hold for consistent rental income from college students, this opportunity checks all the boxes. Don't miss your chance to secure this promising property and capitalize on its earning potential! Have your builder/contractor apply to take advantage of the 10 Year Tax Abatement that can follow the property after completion. Close to multiple public transportation routes including the Market-Frankford Line, 10 minutes to Center City, and ease of access to anywhere on the Mainline or Delco, with 20-30 minutes to PHL Airport depending on traffic. Local attractions include: Temple University, Liacouras Center, Geasy Field Complex, AMC Broad St 7, Raising Canes Chicken Fingers, Wagner Free Institute of Science, Independence Blue Cross Recreation Center, The Fresh Grocer, Panera Bread, City View Pizza. Buyer must provide A Philadelphia Tax Compliance Certificate dated within the last 30 days. No transfer taxes, no title costs, no closing costs. Property deeded free and clear of all liens and encumbrances, bring in your offer and secure your next project! CASH ONLY, no hard money. Must provide 10% Deposit with Offer and provide proof of funds. Transaction must close by Friday, May 09, 2025.

Listing Status:
Active
Date Added:
April 26, 2025 at 05:00AM
Listing Office:
Livewell Properties : 6105514844
Listing Agent:
Lauren Cierra Saidu-Kamara : 6105514844
MLS ID:
PAPH2475152
  • A/C: None
  • Heating: YRadiatorNatural GasNatural Gas Available
  • Disability Feature: None

This listing courtesy of Lauren Cierra Saidu-Kamara, Livewell Properties

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

G

General George G. Meade School

1600 N 18th St, Philadelphia, PA, 19121

Grades KG-8

0.26 miles away

C

Carver High School

1600 W Norris St, Philadelphia, PA, 19121

Grades 7-12

0.18 miles away

C

Carver High School

1600 W Norris St, Philadelphia, PA, 19121

Grades 7-12

0.18 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.