1631 W DIAMOND STREET
Property Description
INVESTOR ALERT 24 HOURS NOTICE REQUIRED FOR ALL SHOWINGS. Four-unit apartment building taken back to the studs and fully rebuilt in 2018, a short walk from Temple University's Main Campus and inside the Temple University Police patrol zone. Eleven bedrooms and nine bathrooms across four apartments, with a shared roof deck and patio. Unit 1F 2 bed / 1 bath $900/mo. Unit 1R 3 bed / 2 bath $1,350/mo. Unit 2 3 bed / 3 bath $1,575/mo. Unit 3 3 bed / 3 bath $1,400/mo. Total $5,225/mo, or $62,700 annually on the 26/27 contract. Modern finishes throughout: quartz counters, shaker cabinetry and stainless appliances in the kitchens, spa shower panels, hardwood floors, central air, and washer and dryer in every apartment. Tenants pay water, electric and wifi. A tax abatement arising from the 2018 rehabilitation has not yet expired; purchasers should underwrite on the unabated figure and verify the term with the City. Owner's operating statement and unit plans available to qualified buyers.
Broker Details
Berkshire Hathaway HomeServices Fox & Roach, Realtors (610) 647-8300
MLS ID: 6644632 State License Number: RS371661
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | Apartment Buildings |
| Price: | $547,900 |
| Year Built: | 1915 |
| Lot Size: | 4,002.00 Sq ft |
| Opportunity Zone: | No |
| Number of Bedrooms: | 0 |
| Number of Bathrooms: | 0 |
ID: 3yd-FOXROACH-PAPH2672644
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