1931 North Gratz Str

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1931 North Gratz Str

Philadelphia, PA 19121
Asking Price
$236K
Asset Type
Multifamily
Class
Class B

What's Special

1931 North Gratz Street is situated in the North Philadelphia neighborhood, positioned just blocks away from the Temple University main campus. The area is characterized by a mix of historic rowhomes and recent residential developments designed to serve the institutional community. Residents have access to local amenities including the Liacouras Center, several regional rail stations, and multiple SEPTA bus routes. The property’s location offers proximity to the Broad Street Line, providing direct transit links to Center City and surrounding employment hubs. The asset is suited for use as student housing or a multi-unit rental investment, given the consistent demand for off-campus living options. The typical tenant profile consists primarily of university students, faculty, and area professionals seeking walkable access to the campus and nearby retail corridors. With its location within a high-density residential zone, the property is positioned to serve individuals who prioritize proximity to academic facilities and public transportation networks.

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NOI
$80,000
Cap Rate
33.94%
DSCR
5.72
Strong
Cash-on-Cash
93.34%
Monthly Payment
$1,166.239
Annual Cash Flow
$66,005.136

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