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    627-629 Diamond Street

    PHILADELPHIA, PA 19122
    • $1,298,900
    • STATUS: Active
    • ON SITE: 28 days
    • ID#: PAPH950880
    $1,298,900
    • 0
      BEDS
    • 0.1
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 6,000
      SQFT
    • $216
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    2020
    County:

    School Ratings & Info

    Description

    New Construction Quadraplex available with a potential 6.25-6.75 CAP Rate. Check out this great opportunity to own a Quadraplex with rental generated income. Purchase as an investment or live in one unit and rent out the others. The ground floor units are a 1,500 sq ft bi level condo with 3 Bedrooms and 3 Full Bathrooms. Modern finishes will look similar to other projects this builder has constructed (see attached photos - builder will finish this property in a similar fashion but not identically). The ground floor apartment will have full access to the rear yard that measures approximately 16'x18'. The upstairs or penthouse apartment will also be a bi-level unit at approximately 1,500 sq ft with 3 Bedrooms and 3 Full bathrooms with full access to the 1,200 sq ft fiberglass roof top deck. Taxes are estimated. 10YR Tax Abatement Applied.

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    ©2020 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 Keller Williams Real Estate. 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: 2020-11-27T14:50:53.737.
    www.seeinsidethehouse.com/homes/111486375
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    627-629 Diamond Street PHILADELPHIA, PA 19122

    • Price: $1,298,900
    • Status: Active
    • ID#: PAPH950880
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.1
    Acres
    6,000
    SQFT
    $216
    $/SQFT
    2020
    Built
    Neighborhood:
    19122 (19122)
    County:
    Philadelphia
    Area:
    19122 (19122)
    School District:
    The School District Of Philadelphia
    Property Description
    New Construction Quadraplex available with a potential 6.25-6.75 CAP Rate. Check out this great opportunity to own a Quadraplex with rental generated income. Purchase as an investment or live in one unit and rent out the others. The ground floor units are a 1,500 sq ft bi level condo with 3 Bedrooms and 3 Full Bathrooms. Modern finishes will look similar to other projects this builder has constructed (see attached photos - builder will finish this property in a similar fashion but not identically). The ground floor apartment will have full access to the rear yard that measures approximately 16'x18'. The upstairs or penthouse apartment will also be a bi-level unit at approximately 1,500 sq ft with 3 Bedrooms and 3 Full bathrooms with full access to the 1,200 sq ft fiberglass roof top deck. Taxes are estimated. 10YR Tax Abatement Applied.
    Exterior Features

    Architectural Style Straight Thru Construction Materials Masonry Garage YN No Other Structures Above Grade Parking Types On Street Pool No Pool Riparian Rights YN No Water Access YN No Water Oriented YN No Water View YN No Waterfront YN No

    Interior Features

    Above Grade Fin SQFT 6000 Below Grade Unfinished Area 0 Cooling Central A/C Fireplaces Total 0 Heating Forced Air Heating YN Yes Single Room Units 0 Three Bedroom Units 4 Two Bedroom Units 0 Units Furnished None

    Property Features

    Accessibility Features None Association YN No Central Air YN Yes Cooling Fuel Electric Existing Lease Type None Gross Income 88800.00 Heating Fuel Natural Gas Hot Water Natural Gas Incorporated City Name Philadelphia Navigable Water YN N Net Operating Income 80000.00 New Construction YN No Number Of Units Leased 0 Number Of Units Total 4 Number Of Units Vacant 4 Operating Expense 8800.00 Operating Expense Includes InsuranceSnow Removal Original MLSNumber 304378979198 Owner Pays Taxes - Real EstateSnow RemovalRepairsManagementInsuranceCommon Area MaintenanceAccounting/LegalAdvertising/Licenses And Permits Ownership Interest Fee Simple Possession Negotiable Property Sub Type Quadruplex Sale Type Standard Sewer Public Sewer Structure Design Type Interior Row/Townhouse Tax Annual Amount 1200.00 Tax Assessment Amount 48200.00 Total Actual Rent 88800.00 Vacation Rental YN No Water Source Public Zoning Rm1

    Listing courtesy of Space & Company.


    ©2020 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 Keller Williams Real Estate. 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: 2020-11-27T14:50:53.737.
     
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    Keller Williams Real Estate
    6 State Route 173, Suite 202
    Clinton NJ, 08809