Philadelphia, PA 19121,2904 W DIAMOND ST
Philadelphia, PA 19121,2904 W DIAMOND ST
Philadelphia, PA 19121,2904 W DIAMOND ST
$850,000
Est. payment /mo
$850,000
Est.Price: ?

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3,409 SqFt
SOLD DATE : 03/14/2024

Key Details

Sold Price $850,000

Property Type Multi-Family

Sub Type Interior Row/Townhouse

Listing Status Sold

Purchase Type For Sale

Square Footage 3,409 sqft

Price per Sqft $249

Subdivision Strawberry Mansion

MLS Listing ID PAPH2314706

Sold Date 03/14/24

Style Contemporary

Abv Grd Liv Area 3,409

Originating Board BRIGHT

Year Built 2022

Annual Tax Amount $2,183

Tax Year 2022

Lot Size 1,484 Sqft

Acres 0.03

Lot Dimensions 16.00 x 93.00

Property Description

Introducing 2904 Diamond ST - a 7.50% CAP TURNKEY NEWER CONSTRUCTION QUADPLEX. Located in the booming Brewerytown / Strawberry Mansion submarket, blocks from Fairmount Park. The building has 4 units with open floor plans, a rear yard, and THE LAST ALLOWED ROOF DECK in the submarket. Great opportunity for an INVESTOR, 1031 EXCHANGE, or OWNER-OCCUPANT INVESTOR. UNIT [One] is a 1BD | 1BA apartment, available now for an owner user and previously leased for $1,230 / Month. UNIT [Two] is a 2BD | 1BA with large rear yard apartment leased for $1,575 / Month. UNIT [Three] is a 2BD | 2BA apartment leased for $ 1,600 / Month. Upper UNIT [Four] is a 2BD | 2BA apartment with a massive skyline Roof Deck, leased for $1,625 / Month. Annual income: $72,360 | CAP: 7.50 %. Full tax abatement through 2032. In a great location for commuters, it takes just minutes to get to Center City or University City. There are several Septa routes nearby, and all major highways are easily accessible. Only steps away from Fairmount Park the developing Girard Avenue, including Crime and Punishment Brewery, Green Eggs Cafe and Aldi. Easy access to the Art Museum, Whole Foods, 30th Street Station, Boathouse Row, Fairmount Park, Kelly Drive and I-76.

Location

State PA

County Philadelphia

Area 19121 (19121)

Zoning RM1

Interior

Hot Water Electric

Heating Central

Cooling Central A/C

Fireplace N

Heat Source Electric

Exterior

Waterfront N

Water Access N

Accessibility Other

Parking Type On Street

Garage N

Building

Foundation Other

Sewer Public Sewer

Water Public

Architectural Style Contemporary

Additional Building Above Grade, Below Grade

New Construction N

Schools

School District The School District Of Philadelphia

Others

Tax ID 323116700

Ownership Fee Simple

SqFt Source Assessor

Special Listing Condition Standard

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Bright MLS (BMLS)
Listed by Amardeep Billy Grewal • KW Empower
Bought with John J Gauntlett IV • KW Empower

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Karen Wilkinson

+1(732) 599-1938

Agent | License ID: 0343436

Agent License ID: 0343436

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