Skip To Content

1939 W Diamond Street

PHILADELPHIA, PA 19121
  • $625,000
  • STATUS: Active
  • ON SITE: 57 Days
  • ID#: PAPH2426256
$625,000
  • 0
    BEDS
  • 0.04
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 5,999
    SQFT
  • $104
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1915
County:

School Information

Elementary School:
Middle School:

Description

Own a piece of Philadelphias history AND earn instant equity when you buy this quadplex just 6 blocks from Temple University. Rent the units out, and now you have cash flow! Unit 1 is a 3 bed/1.5 bath, bi-level unit. Unit 2 is a 2 bed/2 bath unit. Unit 3 is a 3 bed/3 bath unit with the most amazing panoramic view from the 4th story. Unit 4 is a converted garage to the rear and has 1 bed/1 bath. Projected rents are $7,500 per month. Beautifully renovated and 90% of the way to get the Certificate of Occupancy. The seller was quoted $15,000 to install the water and gas lines to the property and $30,000 to install the sprinkler system. The 1st floor is zoned for commercial use and would require a $20,000 chair lift to meet code, OR if you prefer to downzone the building to 100% residential after closing, you can pocket the difference. There are just a few other touches needed to rent the units, including installing electric meters and some appliances. The 2022 Appraisal gives a $1,150,000 valuation after the building is complete and $625,000 As-Is. This property is truly a must-see.

Monthly Payment Calculator



©2025 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 The Schiff Home Team | eXp Realty LLC. 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: 2025-02-08T23:53:59.007.
www.baltimorehousehunters.com/homes/158752045
Print Image

1939 W Diamond Street PHILADELPHIA, PA 19121

  • Price: $625,000
  • Status: Active
  • On Site: 57 Days
  • ID#: PAPH2426256
0
Beds
0
Baths
0
½ Baths
0.04
Acres
5,999
SQFT
$104
$/SQFT
1915
Built
Neighborhood:
Temple University
County:
Philadelphia
Area:
19121 (19121)
Elementary School:
Duckrey Tanner
Middle School:
Tanner Duckrey
High School:
Mastery Charter School At Gratz
School District:
The School District Of Philadelphia
Property Description
Own a piece of Philadelphias history AND earn instant equity when you buy this quadplex just 6 blocks from Temple University. Rent the units out, and now you have cash flow! Unit 1 is a 3 bed/1.5 bath, bi-level unit. Unit 2 is a 2 bed/2 bath unit. Unit 3 is a 3 bed/3 bath unit with the most amazing panoramic view from the 4th story. Unit 4 is a converted garage to the rear and has 1 bed/1 bath. Projected rents are $7,500 per month. Beautifully renovated and 90% of the way to get the Certificate of Occupancy. The seller was quoted $15,000 to install the water and gas lines to the property and $30,000 to install the sprinkler system. The 1st floor is zoned for commercial use and would require a $20,000 chair lift to meet code, OR if you prefer to downzone the building to 100% residential after closing, you can pocket the difference. There are just a few other touches needed to rent the units, including installing electric meters and some appliances. The 2022 Appraisal gives a $1,150,000 valuation after the building is complete and $625,000 As-Is. This property is truly a must-see.
Exterior Features

Architectural Style Straight Thru Construction Materials Masonry Garage YN No Parking Types On Street Pool No Pool Property Condition Excellent Water Access YN No Water View YN No Waterfront YN No

Interior Features

Above Grade Fin SQFT 4677 Basement Fully Finished Basement YN Yes Below Grade Finished Area 1322 Below Grade Unfinished Area 0 Cooling Central A/C Fireplace YN No Flooring Laminate PlankCeramic Tile Heating CentralForced Air Heating YN Yes Inclusions All appliances that are currently in the building. Single Room Units 0 Three Bedroom Units 2 Two Bedroom Units 1

Property Features

Acceptable Financing CashConventional Accessibility Features 2+ Access Exits Central Air YN Yes Cooling Fuel Electric Cross Street 20th Street Foundation Details Stone Heating Fuel Natural Gas Hot Water Electric Municipality PHILADELPHIA Navigable Water YN N New Construction YN No Number Of Units Leased 0 Number Of Units Total 4 Number Of Units Vacant 4 Original MLSNumber 803519723250 Ownership Interest Fee Simple Property Sub Type Quadruplex Sale Type Standard Sewer Public Sewer Structure Design Type End of Row/Townhouse Tax Annual Amount 6451.00 Tax Lot 225 Transportation Bus Stop less than 1 mileMetro/Subway Station less than 1 mileCommuter Rail Station less than 1 mile Vacation Rental YN No Water Source Public Zoning CMX2

Listing courtesy of KW Empower: .


©2025 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 The Schiff Home Team | eXp Realty LLC. 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: 2025-02-08T23:53:59.007.
 
https://bt-photos.global.ssl.fastly.net/brightmls/1280_boomver_1_803519723250-2.jpg https://bt-photos.global.ssl.fastly.net/brightmls/1280_boomver_1_803519723250-2.jpg https://bt-photos.global.ssl.fastly.net/brightmls/1280_boomver_1_803519723250-2.jpg
Logo
The Schiff Home Team | eXp Realty LLC
9505 Reisterstown Rd Ste 1S
Owings Mills MD, 21117