1735 W DIAMOND STREET
Property Description
INVESTOR ALERT 24 HOURS NOTICE REQUIRED FOR ALL SHOWINGS. Ground-up new construction triplex completed in 2016, a short walk from Temple University's Main Campus and inside the Temple University Police patrol zone. Eleven bedrooms and eleven bathrooms true one-to-one parity, so every bedroom in the building has its own bathroom. Unit 1 5 bed / 5 bath $2,500/mo. Unit 2 3 bed / 3 bath $1,500/mo. Unit 3 3 bed / 3 bath $1,425/mo. Total $5,425/mo, or $65,100 annually on the 26/27 contract, let by the room across all three units. Not a conversion: built new in 2016, with the major systems still young. The ten-year tax abatement has fully expired and the 2026 bill is carried in full, so an incoming owner inherits the tax line as shown rather than a step-up in the first years of ownership. Offered individually or alongside 1741 W Diamond St, a near-identical building three doors west. Owner's operating statement 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: | $549,900 |
| Year Built: | 2016 |
| Lot Size: | 3,717.00 Sq ft |
| Opportunity Zone: | No |
| Number of Bedrooms: | 0 |
| Number of Bathrooms: | 0 |
ID: 3yd-FOXROACH-PAPH2672650
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