1516-18 W DIAMOND STREET
Property Description
Exceptional opportunity to acquire 1516 & 1518 Diamond Street as a package in one of North Philadelphia's strongest rental corridors, just moments from Temple University. Together, these neighboring properties offer 8 total units with an attractive unit mix of two 3-bedroom/1-bath units, two 3-bedroom/2-bath units, and four 4-bedroom/2-bath units, creating strong appeal for student and off-campus renters seeking larger shared living spaces in a prime location. Positioned in a high-demand area with consistent rental activity, this portfolio offers scale, functionality, and long-term upside for investors looking to expand near Temple's campus. The larger bedroom counts and versatile layouts are well-suited for the student housing market, while the properties' proximity to Temple University, Broad Street, public transportation, neighborhood dining, and everyday conveniences further enhances tenant demand. Whether you're adding to an existing portfolio or looking to establish a presence in one of Philadelphia's most active investment submarkets, 1516 and 1518 Diamond Street present a compelling package opportunity with strong rental appeal, an ideal unit mix, and a location that continues to attract student renters year after year. For investors seeking greater scale, this package may also be purchased together with nearby 1726 Arlington Street, creating a larger 10-unit portfolio opportunity in the heart of Temple University's rental market.
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | Apartment Buildings |
| Price: | $1,549,900 |
| Year Built: | 2013 |
| Lot Size: | 7,884.00 Sq ft |
| Opportunity Zone: | No |
| Number of Bedrooms: | 12 |
| Number of Bathrooms: | 0 |
ID: 3yd-EV-PAPH2646578
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