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1921 W Diamond Street

PHILADELPHIA, PA 19121
  • $680,000
  • STATUS: Active
  • ON SITE: 61 Days
  • ID#: PAPH2340432
UPDATED: 54 min ago
$680,000
  • 12
    BEDS
  • 0.04
    ACRES
  • 4
    BATHS
  • 0
    1/2 BATHS
  • 3,672
    SQFT
  • $185
    $/SQFT
Neighborhood:
Type:
Townhouse
Built:
1915
County:

School Ratings & Info

Description

Introducing 1921 W Diamond St! An RM-1 zoned, recently renovated, Quadruplex near Temple University with an active rental license and rent-by-the-room comps projecting to at least $7800/mo income!Unit #1 - Recently fully rehabbed - stamped concrete flooring throughout, separate entrance, sump pumpUnit #2 - New kitchen cabinetry, flooring in kitchen & LVR, GE Microwave & GE Washer/DryerUnit #3 - Newer GE Washer/Dryer & HVAC. Newer bathroom. New flooring. New paint.Unit #4 - New GE Refrigerator & GE Microwave in. Newer bathroom. Newer HVAC. New paint.Welcome to 1921 W Diamond St, a remarkable separately metered quadruplex that perfectly blends modern comfort with historic charm. Situated in a prime location minutes from Temple's campus, this property offers not just one, but four spacious 3-bedroom, 1-bathroom units, each thoughtfully designed to provide both residents and investors with an exceptional experience.For owner-occupants who want to "house hack" by living in one unit and renting the others to cover their mortgage, you can take advantage of the new 5% conventional lending option for 2-4 unit properties! With all four units currently occupied, including two on month-to-month leases, this property assures immediate rental income, making it an ideal addition to your real estate portfolio. Rent by the room comps project monthly income of nearly $8000 per month! The convenience of central air conditioning in every unit ensures year-round comfort, while the in-unit laundry facilities add a touch of luxury to the urban lifestyle. Upgraded to meet the demands of today's discerning tenants, each unit features thoughtful enhancements that elevate the living experience. Recent renovations include a BRAND NEW ROOF (2023), newly painted exterior (2023), new appliances (2023), newer cabinetry (2021), new flooring (2023), updated bathrooms (2019), newer HVAC (2021), newer washer/dryer (2019), and new paint (2023).Walking distance from Temple's main campus, 1921 W Diamond St is located in a neighborhood brimming with local amenities, eateries, and cultural attractions, while offering the perfect blend of urban living and community spirit. With proximity to public transportation, major roadways, and the vibrant heartbeat of Philadelphia, this investment opportunity is primed to deliver both short-term returns and long-term value.

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©2024 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or Jon Freedman with The Val Nunnenkamp Team | Keller Williams Marlton. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2024-06-18T10:55:26.423.
www.jonfreedman.com/homes/149221960
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1921 W Diamond Street PHILADELPHIA, PA 19121

  • Price: $680,000
  • Status: Active
  • On Site: 61 Days
  • Updated: 54 min ago
  • ID#: PAPH2340432
12
Beds
4
Baths
0
½ Baths
0.04
Acres
3,672
SQFT
$185
$/SQFT
1915
Built
Neighborhood:
Temple University
County:
Philadelphia
Area:
19121 (19121)
School District:
The School District Of Philadelphia
Property Description
Introducing 1921 W Diamond St! An RM-1 zoned, recently renovated, Quadruplex near Temple University with an active rental license and rent-by-the-room comps projecting to at least $7800/mo income!Unit #1 - Recently fully rehabbed - stamped concrete flooring throughout, separate entrance, sump pumpUnit #2 - New kitchen cabinetry, flooring in kitchen & LVR, GE Microwave & GE Washer/DryerUnit #3 - Newer GE Washer/Dryer & HVAC. Newer bathroom. New flooring. New paint.Unit #4 - New GE Refrigerator & GE Microwave in. Newer bathroom. Newer HVAC. New paint.Welcome to 1921 W Diamond St, a remarkable separately metered quadruplex that perfectly blends modern comfort with historic charm. Situated in a prime location minutes from Temple's campus, this property offers not just one, but four spacious 3-bedroom, 1-bathroom units, each thoughtfully designed to provide both residents and investors with an exceptional experience.For owner-occupants who want to "house hack" by living in one unit and renting the others to cover their mortgage, you can take advantage of the new 5% conventional lending option for 2-4 unit properties! With all four units currently occupied, including two on month-to-month leases, this property assures immediate rental income, making it an ideal addition to your real estate portfolio. Rent by the room comps project monthly income of nearly $8000 per month! The convenience of central air conditioning in every unit ensures year-round comfort, while the in-unit laundry facilities add a touch of luxury to the urban lifestyle. Upgraded to meet the demands of today's discerning tenants, each unit features thoughtful enhancements that elevate the living experience. Recent renovations include a BRAND NEW ROOF (2023), newly painted exterior (2023), new appliances (2023), newer cabinetry (2021), new flooring (2023), updated bathrooms (2019), newer HVAC (2021), newer washer/dryer (2019), and new paint (2023).Walking distance from Temple's main campus, 1921 W Diamond St is located in a neighborhood brimming with local amenities, eateries, and cultural attractions, while offering the perfect blend of urban living and community spirit. With proximity to public transportation, major roadways, and the vibrant heartbeat of Philadelphia, this investment opportunity is primed to deliver both short-term returns and long-term value.
Exterior Features

Architectural Style Other Construction Materials Brick Garage YN No Parking Types On Street Patio And Porch Features Patio(s) Pool No Pool Water Access YN No Water View YN No Waterfront YN No

Interior Features

Above Grade Fin SQFT 3672 Appliances Built-In MicrowaveDisposalDryerOven/Range - ElectricRefrigeratorWasher Basement YN No Below Grade Finished Area 0 Below Grade Unfinished Area 0 Cooling Central A/C Exclusions Tenants' personal property Fireplace YN No Heating Central Heating YN Yes Levels 3 Main Level Bedrooms 3 Upper Level1 Bedrooms 3

Property Features

Acceptable Financing ConventionalCashFHA Accessibility Features None Association YN No Central Air YN Yes Condo YN No Cooling Fuel Electric Cross Street 18TH Foundation Details Other Heating Fuel Electric Hot Water Electric Municipality PHILADELPHIA Navigable Water YN N New Construction YN No Original MLSNumber 802977771918 Ownership Interest Fee Simple Sale Type Standard Senior Community YN No Sewer Public Sewer Structure Design Type Interior Row/Townhouse Tax Annual Amount 8757.00 Tax Lot 231 Vacation Rental YN No Water Source Public Zoning RM1

Listing courtesy of Compass Pennsylvania, LLC: .


©2024 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or Jon Freedman with The Val Nunnenkamp Team | Keller Williams Marlton. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2024-06-18T10:55:26.423.
 
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Jon Freedman with The Val Nunnenkamp Team | Keller Williams Marlton
103 E Route 70, Suite D
Marlton NJ, 08053