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1609 W DIAMOND ST Philadelphia, PA 19121
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Key Details
Sold Price $770,000
Property Type Multi-Family
Sub Type Interior Row/Townhouse
Listing Status Sold
Purchase Type For Sale
Square Footage 5,016 sqft
Price per Sqft $153
Subdivision Temple University
MLS Listing ID PAPH2133720
Sold Date 08/05/22
Style Traditional
Abv Grd Liv Area 3,783
Originating Board BRIGHT
Year Built 2013
Annual Tax Amount $1,269
Tax Year 2022
Lot Size 1,800 Sqft
Acres 0.04
Lot Dimensions 18.00 x 100.00
Property Description
Built in 2013, this *fully leased* triplex features a prime investment location near Temple University with a strong rental history and 8% cap rate. Bringing in $6,825 each month, this property is truly turnkey - just waiting on its new owner to take over management. Unit 1 is bi-level and features 6 bedrooms, three full bathrooms, and a private outdoor space. Units 2 and 3 are each a 4-bedroom, 2 full bathroom unit. All units feature spacious bedrooms with ample closet space, real hardwood floors, washer/dryer in unit, central air, and kitchens with a full appliance package. Just blocks from Temples main campus this block is patrolled by Temple Police making this a choice location for TU students. Best yet - this home has a tax abatement through 12/31/2023.
Location
State PA
County Philadelphia
Area 19121 (19121)
Zoning RM1
Rooms
Basement Daylight, Full, Fully Finished, Improved, Sump Pump
Interior
Interior Features Combination Kitchen/Living, Floor Plan - Open, Intercom, Recessed Lighting, Skylight(s), Soaking Tub, Sprinkler System, Stall Shower, Tub Shower, Upgraded Countertops, Wood Floors
Hot Water Electric
Heating Forced Air
Cooling Central A/C
Flooring Hardwood
Equipment Built-In Microwave, Dishwasher, Dryer - Electric, Intercom, Oven/Range - Electric, Refrigerator, Washer
Fireplace N
Appliance Built-In Microwave, Dishwasher, Dryer - Electric, Intercom, Oven/Range - Electric, Refrigerator, Washer
Heat Source Electric
Exterior
Water Access N
Accessibility None
Garage N
Building
Foundation Concrete Perimeter
Sewer Public Sewer
Water Public
Architectural Style Traditional
Additional Building Above Grade, Below Grade
New Construction Y
Schools
School District The School District Of Philadelphia
Others
Tax ID 321042900
Ownership Fee Simple
SqFt Source Assessor
Security Features Intercom,Fire Detection System,Smoke Detector,Window Grills
Special Listing Condition Standard
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Bought with Max Karasick • Keller Williams Main Line
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