Philadelphia, PA 19121,1516-18 W DIAMOND ST
Philadelphia, PA 19121,1516-18 W DIAMOND ST
Philadelphia, PA 19121,1516-18 W DIAMOND ST
$1,465,000
Est. payment /mo
$1,600,000
8.4%
Est.Price: ?

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1,800 Sqft Lot
SOLD DATE : 08/07/2015

Key Details

Sold Price $1,465,000

Property Type Commercial

Listing Status Sold

Purchase Type For Sale

Subdivision Temple University

MLS Listing ID 1000019182

Sold Date 08/07/15

HOA Y/N N

Originating Board TREND

Year Built 2013

Annual Tax Amount $198

Tax Year 2015

Lot Size 1,800 Sqft

Acres 0.04

Lot Dimensions 18X100

Property Description

Temple University Turn Key Investment Opportunity! Located 1-2 blocks from Temple University where approximatley 38,650 students attend and approximatly 10,000 of them living in student housing. Newly Constructed Multi-Building - Ready with Great Cash Flow - 8.8% Cap Rate! - Can purchase separately or as a package. These 2 4-story buildings underwent complete renovation in 2012 and include 7 bedrooms. There are 4 4-bedroom units, & 4 3-bedroom units. At 95% occupancy rate. These buildings are also being offered in addition to 1519-21 N 16th Street (MLS 6538675) and can be a package deal. Tax Id #'s 321035801 & 321035901.

Location

State PA

County Philadelphia

Area 19121 (19121)

Zoning RM1

Rooms

Other Rooms Primary Bedroom

Interior

Fireplace N

Exterior

Water Access N

Road Frontage Boro/Township

Garage N

Building

Sewer Public Sewer

Water Public

New Construction N

Schools

School District The School District Of Philadelphia

Others

Tax ID 321035801

Ownership Fee Simple

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Bright MLS (BMLS)
Listed by Maria Maria Quattrone Quattrone • RE/MAX @ HOME
Bought with Il Hwan Kim • BHHS Fox & Roach-Blue Bell

GET MORE INFORMATION

Karen Wilkinson

+1(732) 599-1938

Agent | License ID: 0343436

Agent License ID: 0343436

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