1741 West Diamond Street Philadelphia, PA 19121

$549,900
0.04
Acres
3,717
SQFT
148
$/SQFT
$549,900
3,717   sf
$148 / sf
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active
1/19
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INVESTOR ALERT — 24 HOURS NOTICE REQUIRED FOR ALL SHOWINGS. Ground-up new construction triplex completed in 2016, a short walk from Temple University's Main Campus and inside the Temple University Police patrol zone. Eleven bedrooms and eleven bathrooms — true one-to-one parity, so every bedroom in the building has its own bathroom, which almost no competing stock in this submarket delivers. Unit 1 — 5 bed / 5 bath — $2,500/mo. Unit 2 — 3 bed / 3 bath — $1,275/mo. Unit 3 — 3 bed / 3 bath — $1,500/mo. Total $5,275/mo, or $63,300 annually on the 26/27 contract — up 15.3% on the prior season, achieved and contracted. Units 1 and 3 are let by the room; Unit 2 is let to a family on a single lease. Not a conversion: built new in 2016, with the major systems still young. The ten-year tax abatement has fully expired and the 2026 bill is carried in full, so an incoming owner inherits the tax line as shown. Offered individually or alongside 1735 W Diamond St, a near-identical building three doors east.

INVESTOR ALERT — 24 HOURS NOTICE REQUIRED FOR ALL SHOWINGS. Ground-up new construction triplex completed in 2016, a short walk from Temple University's Main Campus and inside the Temple University Police patrol zone. Eleven bedrooms and eleven bathrooms — true one-to-one parity, so every bedroom in the building has its own bathroom, which almost no competing stock in this submarket delivers. Unit 1 — 5 bed / 5 bath — $2,500/mo. Unit 2 — 3 bed / 3 bath — $1,275/mo. Unit 3 — 3 bed / 3 bath — $1,500/mo. Total $5,275/mo, or $63,300 annually on the 26/27 contract — up 15.3% on the prior season, achieved and contracted. Units 1 and 3 are let by the room; Unit 2 is let to a family on a single lease. Not a conversion: built new in 2016, with the major systems still young. The ten-year tax abatement has fully expired and the 2026 bill is carried in full, so an incoming owner inherits the tax line as shown. Offered individually or alongside 1735 W Diamond St, a near-identical building three doors east.

  • Neighborhood
  • Type
  • County
    Philadelphia
  • Area
    19121
  • Tax Amount
    $8,068
  • Status
    Active
  • Listing #
    PAPH2672654
  • Built
    2016
  • Lot Size
    0.04
  • Listed on site
    15 days
  • Listing Agent Id
    1700001220262

Listed by:
BHHS Fox & Roach-Center City Walnut

Source:
BRIGHT MLS

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Property details

Community Features

  • No HOA
  • No Adult Community

Property Features

  • New Construction
  • No Builder Restrictions

Exterior features

  • No Pool
  • Basement

Interior Features

  • Central Air Conditioning

Style

  • Low Rise
  • Contemporary
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