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$309,000

Beds
7
Baths
3.0
sq ft
1,920

2042 N Gratz St, Philadelphia, PA 19121

2042 N Gratz St

PHILADELPHIA, PA 19121

  • 192 days on market
    • Price drop $7,000↓
Impressive 7-Bedroom, 3-Bathroom Residence at 2042 N Gratz St – An Ideal Investment Opportunity Discover 2042 N Gratz St, where this impressive 7-bedroom, 3-bathroom residence is now available for sale. Zoned RM1, this property offers investors the opportunity to convert it into a multi-family dwelling by right. This substantial house perfectly blends comfort and convenience, featuring modern amenities such as a washer and dryer, stove, and refrigerator. With a beautifully finished basement and a generously sized backyard, there's ample space for all your needs. The high-end finishes throughout the property add a touch of luxury to daily living. Enjoy outdoor relaxation in the patio area, making this house a home of unparalleled comfort and style. Don't miss out on this must-see investment piece that promises a lifestyle of exceptional convenience and potential.

Details

Property type

Townhouse

Est. home value

$293,013

Lot size

976 sq ft

Price per sq ft

$161

Year built

1915

Annual property taxes

$3,363

HOA

No

Price History

09/05/2024
Bright

Bright #PAPH2366076

Price change
$309,000
-2.22%
07/16/2024
Bright

Bright #PAPH2366076

Price change
$316,000
-0.94%
07/16/2024
Bright

Bright #PAPH2366076

Price change
$319,000
-3.04%

Schools & Community

Neighborhood: 

North Central

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

THE SCHOOL DISTRICT OF PHILADELPHIA

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$60,471
Asking price
$309,000
Closing costs (~8% of asking)
-$24,720
Est. remaining loan balance
-$223,809
Cash to seller
$60,471

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

United Wholesale Mortgage

Loan start date

January 2023

Original loan amount

$228,800

Est. remaining balance

$223,809

Interest rate

6.31%

Loan type

New Conventional, 30 year

Seller

Angelo Mannina

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 12/22/2024 at 8:40 PM

Listing updated: 09/05/2024 at 1:29 PM

Listed by: Edward J Ellenberg, TCS Management, LLC Phone #: (215) 383-1439

MLS: Bright #PAPH2366076

Bright logo

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