1631 W Diamond St, Philadelphia, PA 19121

$547,900
4,002
SqFt

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List Price
$547,900
Days on Market
1
Status
ACTIVE
MLS#
PAPH2672644
Living Area
4,002
Lot Size (Acres)
0.04
Style
Traditional
Year Built
1915
County
Philadelphia
School District
Philadelphia City

Property Description

INVESTOR ALERT — 24 HOURS NOTICE REQUIRED FOR ALL SHOWINGS. Four-unit apartment building taken back to the studs and fully rebuilt in 2018, a short walk from Temple University's Main Campus and inside the Temple University Police patrol zone. Eleven bedrooms and nine bathrooms across four apartments, with a shared roof deck and patio. Unit 1F — 2 bed / 1 bath — $900/mo. Unit 1R — 3 bed / 2 bath — $1,350/mo. Unit 2 — 3 bed / 3 bath — $1,575/mo. Unit 3 — 3 bed / 3 bath — $1,400/mo. Total $5,225/mo, or $62,700 annually on the 26/27 contract. Modern finishes throughout: quartz counters, shaker cabinetry and stainless appliances in the kitchens, spa shower panels, hardwood floors, central air, and washer and dryer in every apartment. Tenants pay water, electric and wifi. A tax abatement arising from the 2018 rehabilitation has not yet expired; purchasers should underwrite on the unabated figure and verify the term with the City. Owner's operating statement and unit plans available to qualified buyers.

Additional Information

Area
19121 (19121)
Taxes
$5347
School District
Philadelphia City
Heating
Forced Air
Heating Fuel
Electric
Cooling
Central A/C
Water
Public
Sewer
Public Sewer

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Term of Loan
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Calculator source: Real Geeks

Listing courtesy of BHHS Fox & Roach-Center City Walnut. Contact: (215) 627-6005