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1422 W Diamond Street

PHILADELPHIA, PA 19121
  • $599,000
  • STATUS: Active
  • ON SITE: 21 Days
  • ID#: PAPH2231982
UPDATED: 67 min ago
$599,000
  • 0
    BEDS
  • 0.04
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 3,247
    SQFT
  • $184
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1915
County:

School Ratings & Info

Description

This is the perfect value add investment you've been waiting for. Legal 5 units corner multi-family building on a prime temple location. It is just a half a block away from broad street and the heat of Temple campus. You can Rent is as is or add some minor updates and raise the rent for instant equity.This building has 4 x 1 bed/1bath units and a 3bed/2bath unit. It has consistently been renting to temple students and young professionals generating between $4,700 - $5,750/Month. With some updates it can easily generate $6,500+ /Month.Currently all units have been vacated on purpose for easy showings and a smooth transition to the new owner. A corner and a prime location like this are rare so act fast!

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©2023 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or The Shawn Martin Group | Keller Williams Flagship of Maryland. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2023-05-28T07:50:27.947.
www.mymarylandrealestate.com/homes/139295319
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1422 W Diamond Street PHILADELPHIA, PA 19121

  • Price: $599,000
  • Status: Active
  • On Site: 21 Days
  • Updated: 67 min ago
  • ID#: PAPH2231982
0
Beds
0
Baths
0
½ Baths
0.04
Acres
3,247
SQFT
$184
$/SQFT
1915
Built
Neighborhood:
19121 (19121)
County:
Philadelphia
Area:
19121 (19121)
School District:
The School District Of Philadelphia
Property Description
This is the perfect value add investment you've been waiting for. Legal 5 units corner multi-family building on a prime temple location. It is just a half a block away from broad street and the heat of Temple campus. You can Rent is as is or add some minor updates and raise the rent for instant equity.This building has 4 x 1 bed/1bath units and a 3bed/2bath unit. It has consistently been renting to temple students and young professionals generating between $4,700 - $5,750/Month. With some updates it can easily generate $6,500+ /Month.Currently all units have been vacated on purpose for easy showings and a smooth transition to the new owner. A corner and a prime location like this are rare so act fast!
Exterior Features

Architectural Style Other Construction Materials Masonry Garage YN No Parking Types None Pool No Pool Riparian Rights YN No Water Access YN No Water Oriented YN No Water View YN No Waterfront YN No

Interior Features

Above Grade Fin SQFT 3247 Below Grade Finished Area 0 Below Grade Unfinished Area 0 Cooling Wall Unit Fireplaces Total 0 Heating Baseboard - Electric Heating YN Yes Single Room Units 4 Three Bedroom Units 1 Two Bedroom Units 0

Property Features

Accessibility Features None Assessment Year 2023 Central Air YN No Cooling Fuel Electric Heating Fuel Natural Gas Hot Water Instant Hot Water Municipality Philadelphia Navigable Water YN N New Construction YN No Number Of Units Leased 5 Number Of Units Total 2 Original MLSNumber 802320166368 Ownership Interest Fee Simple Possession 0-30 Days Cd Property Sub Type Other Sale Type Standard Sewer Public Sewer Structure Design Type Other Tax Annual Amount 5666.00 Tax Assessment Amount 404800.00 Tax Lot 165 Vacation Rental YN No Water Source Public Zoning Spins

Listing courtesy of Compass Pennsylvania, Llc: .


©2023 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or The Shawn Martin Group | Keller Williams Flagship of Maryland. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2023-05-28T07:50:27.947.
 
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The Shawn Martin Group | Keller Williams Flagship of Maryland
231 Najoles Rd #100
Millersville MD, 21108