1918 North Gratz Street
Fully Leased - Multifamily - Duplex
Marketing description
Portfolio Opportunity: This property is available for purchase individually or as part of a larger portfolio, offering investors the flexibility to acquire a single asset or assemble a collection of institutional-quality investment properties in some of the market's most desirable locations.
Currently generating $40,800 in annual gross rental income, with leases already in place that will increase annual income to $44,200 beginning August 2026, this income-producing asset is an outstanding opportunity for investors seeking stable returns and dependable cash flow.
The property consists of two spacious student housing units totaling 9 bedrooms and 5 bathrooms:
Unit 1: 4 bed / 2 bath Current Rent $1500 Future Rent Starting August 1st $1600
Unit 2: 5 bed / 3 bath Current Rent $1900 Future Rent Starting August 1st $2000
A standout feature is the property's private roof deck, a highly sought-after amenity in the Temple University rental market that enhances tenant appeal, supports strong leasing performance, and helps drive rental growth.
Investment highlights
- Turnkey Investment Opportunity – Fully occupied, stabilized asset requiring minimal operational effort from new ownership.
- 100% Occupied & Fully Leased Through July 2027 – Immediate, predictable cash flow with no near-term leasing risk.
- Built-In Rental Growth – Annual gross rental income increases from $40,800 to $44,200 beginning August 2026, representing an 8.3% increase with leases already executed.
- Strong In-Place Cash Flow – Stable student housing investment with dependable income from day one.
- 9 Bedrooms | 5 Bathrooms – Two spacious units designed for the high-demand Temple University student housing market.
- Private Roof Deck – Premium outdoor amenity that enhances tenant appeal, supports higher rents, and strengthens long-term leasing performance.
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