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2904 W Diamond Street, Philadelphia, PA 19121
$850,000
2904 W Diamond Street, Philadelphia, PA 19121View this property at 2904 W Diamond Street, Philadelphia, PA 19121
2904 W Diamond StreetPhiladelphiaPA19121
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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.
Full Property Details
Full Property Details for 2904 W Diamond St
General
- Sold For: $850,000
- Taxes: $2,183 (2022)
- Status: Closed
- Type: Multi-Family
- MLS ID: PAPH2314706
- Added to Site: 115 day(s) ago
Parking
- Parking Type: On Street
Location
- Area: 19121 (19121)
- Municipality: PHILADELPHIA
- County: Philadelphia
- Development Name: Strawberry Mansion
- Subdivision: Strawberry Mansion
- Cross Streets: 29
- Driving Directions: corner of 29th and Diamond
School Information
- School District: The School District Of Philadelphia
Heating & Cooling
- Central air: Yes
- Cooling Type: Central A/C
- Cooling Fuel: Electric
- Heating Type: Central
- Heating Fuel: Electric
- Water Heater: Electric
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Architectural Info: Contemporary
- Architectural Style: Contemporary
- Structure Type: Interior Row/Townhouse
- Construction: Brick, Other
- Foundation: Other
- Stories/Levels: 0
- Square Feet: 3,409
- Sq. Ft. Source: Assessor
- Living Area: 3,409 Sq. Ft.
- Finished Above Grnd: 3,409 Sq. Ft.
- Year Built: 2022
- Year Built Source: Assessor
- Property Condition: Excellent
Unit Information
- Other Units: Unit 1, Unit 2, Unit 4, Unit 3
- 2 Bedroom Units: 3
Unit 1
- Unit Description: Unit 1
- Bedrooms: 1
Unit 2
- Unit Description: Unit 3
- Bedrooms: 2
Unit 3
- Unit Description: Unit 4
- Bedrooms: 2
Unit 4
- Unit Description: Unit 2
- Bedrooms: 2
Lot Features
- Lot Size (Acres): 0.03
- Lot Size (Sq. Ft.): 1,484
- Lot Size Source: Assessor
- Lot Dimensions: 16.00 x 93.00
- Zoning: RM1
Financial Considerations
- Price Per Sq. Ft.: $249.34
- Assessment Year: 2022
- Tax w/Assessment: $156,000
- Tax Amount: $2,183
- Tax Year: 2022
- Terms: Standard Sale
Disclosures and Reports
- Buyer’s Brokerage Compensation: 2.5%
- Ownership: Fee Simple
Listed by KW Empower, Amardeep Billy Grewal
Sold by KW Empower, John J Gauntlett IV
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Schools
Schools serving 2904 W Diamond St
School District:The School District Of Philadelphia
Rating | Name | Grades | Distance |
---|---|---|---|
2201 N 28th St, Philadelphia, PA 19132 | K-5 | 0.3 mi | |
3133 Ridge Ave, Philadelphia, PA 19121 | 9-12 | 0.2 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 2904 W Diamond St
Date
Details
Price
Change
Source
3/14/2024
Sold
$850,000
—
MLS
1/31/2024
Price Increased
$850,000
0.12%
MLS
1/22/2024
Listed
$849,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
2904 W Diamond Street, Philadelphia, PA 19121 (MLS# PAPH2314706) is a Multi-Family property that was sold at $850,000 on March 14, 2024. Want to learn more about 2904 W Diamond Street? Do you have questions about finding other Multi-Family real estate for sale in Philadelphia? You can browse all Philadelphia real estate or contact a Coldwell Banker agent to request more information.