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2844 W DIAMOND ST Philadelphia, PA 19121
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Key Details
Sold Price $715,200
Property Type Multi-Family
Sub Type Interior Row/Townhouse
Listing Status Sold
Purchase Type For Sale
Square Footage 3,489 sqft
Price per Sqft $204
Subdivision Strawberry Mansion
MLS Listing ID PAPH2225138
Sold Date 07/14/23
Style Contemporary
Abv Grd Liv Area 3,489
Originating Board BRIGHT
Year Built 2023
Annual Tax Amount $87
Tax Year 2022
Lot Size 1,120 Sqft
Acres 0.03
Lot Dimensions 16.00 x 70.00
Property Description
Introducing 2844 Diamond!!! New Construction TRIPLEX. Located in one of in one of the strongest Multifamily Market in booming Brewerytown / Strawberry Mansion. Few blocks from Fairmount Park!!! The building has 3 units, perfectly designed by Kore Design with BALCONIES, REAR YARD and SHARED ROOF DECK. Great opportunity for first time home BUYER | INVESTOR | 1031 EXCHANGE. Live in one unit and rent the other two units out, or receive rental income from all 3 units. Lower UNIT [One] is a 3BD | 2BA Bi-level apartment with large rear yard. Pro forma rent of 2,000 / Month!!! UNIT [Two] is a 2BD | 2BA apartment with a, pro forma rent of $1,500 / Month!!! Upper UNIT [Three] is a 2BD | 2BA apartment with a massive skyline Roof Deck, pro forma rent of 1,550 / Month!!! Pro forma annual rent: $60,000, Pro forma CAP: 7.2 %. All THREE Units feature a flexible floor plan, High ceilings, large windows and an open contemporary feel. Wide plank floors & recessed lighting. All kitchens are home to shaker-style cabinetry, subway tile, granite countertops, stainless steel appliances. There is ample closet space and W/D hook up in all THREE units. 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. ***The finish photos are from another recently completed project by the same builder. FULL 10-YEAR TAX ABATEMENT!!! To Keep your operating cost LOW!!! 1 yr Builder Warranty. Unit 1 has already been Rented for $2,000 a month Annual Lease. Unit 2 has beeen rented for 1,500 a Month Annual Lease
Location
State PA
County Philadelphia
Area 19121 (19121)
Zoning RM1
Interior
Hot Water Electric
Heating Central
Cooling Central A/C
Heat Source Electric
Exterior
Water Access N
Accessibility Other
Garage N
Building
Foundation Other
Sewer Public Sewer
Water Public
Architectural Style Contemporary
Additional Building Above Grade, Below Grade
New Construction Y
Schools
School District The School District Of Philadelphia
Others
Tax ID 323116100
Ownership Fee Simple
SqFt Source Assessor
Special Listing Condition Standard
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Bought with Lauren Brooke Jacober • KW Philly