1627 W DIAMOND ST, Philadelphia, PA 19121
1627 W DIAMOND ST, Philadelphia, PA 19121
1627 W DIAMOND ST, Philadelphia, PA 19121
1627 W DIAMOND ST, Philadelphia, PA 19121
1627 W DIAMOND ST, Philadelphia, PA 19121
1627 W DIAMOND ST, Philadelphia, PA 19121
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Listed by Danielle Redenbaugh • BHHS Fox & Roach-Center City Walnut
$ 556,000
Est. payment | /mo

4,128 SqFt


Save
$ 556,000
Est. payment | /mo
Save

4,128 SqFt

Key Details

Property Type Multi-Family, Townhouse

Sub Type Interior Row/Townhouse

Listing Status Active

Purchase Type For Sale

Square Footage 4,128 sqft

Price per Sqft $134

Subdivision Temple University

MLS Listing ID PAPH2665128

Style Traditional

Abv Grd Liv Area 4,128

Year Built 2015

Annual Tax Amount $7,550

Tax Year 2026

Lot Size 1,800 Sqft

Acres 0.04

Property Sub-Type Interior Row/Townhouse

Source BRIGHT

Property Description

Investor Alert! 24-hour notice required for all showings. Fully occupied and fully leased through July 2027, this exceptional triplex offers immediate cash flow and strong long-term upside.

The property is currently generating $51,300 in annual gross rental income, with meaningful upside on Unit 1 upon lease turnover — this income-producing asset is an outstanding opportunity for investors seeking a stable base of cash flow plus a clear path to increased returns.

Completely gutted and renovated in 2015, the property benefits from modern infrastructure and finishes. The 1:1 bedroom-to-bathroom ratio aligns with current student housing demand trends, helping to ensure future rentability and maintain competitive occupancy levels.

Unit 1: 5 Bed / 5.5 Bath — Currently rented at $1,350/month (historically rented at $2,600/month — significant upside potential upon lease renewal)
Unit 2: 3 Bed / 3 Bath — Rented at $1,350/month
Unit 3: 3 Bed / 3 Bath — Rented at $1,575/month

This property is being marketed individually and as a package that includes the properties with the following MLS numbers: PAPH2665118, PAPH2665128, PAPH2665158, PAPH2665168, PAPH2665172, PAPH2665174, PAPH2665178, PAPH2665182, PAPH2665180, PAPH2665184, PAPH2665188, PAPH2665192, PAPH2665196, PAPH2665198 and PAPH2665206

Location

State PA

County Philadelphia

Area 19121 (19121)

Zoning RM1

Interior

Hot Water 60+ Gallon Tank

Heating Heat Pump(s)

Cooling Central A/C

Heat Source Electric

Exterior

Water Access N

Accessibility None

Garage N

Private Pool No

Building

Foundation Brick/Mortar

Above Ground Finished SqFt 4128

Sewer Public Sewer

Water Public

Architectural Style Traditional

Additional Building Above Grade, Below Grade

New Construction Y

Schools

School District Philadelphia City

Others

Tax ID 321043801

Ownership Fee Simple

SqFt Source 4128

Special Listing Condition Standard

Bright MLS (BMLS)

Nearby Locations

Edward Rogers

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(267) 231-7212

edrogers@honestrealestate.com

12320 Academy Rd, Philadelphia, Pennsylvania 19154, USA

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1627 W DIAMOND ST