Price Reduction - New Construction
Address
627-629 Diamond Street Philadelphia, PA
Price
$ 1,300,000
Property Attributes
  • MLS#PAPH990972
  • TypeMulti-Family
  • CountyPHILADELPHIA
  • CityPhiladelphia
  • Area19122
  • Zip19122
  • StyleStraight Thru
  • Year Built2021
  • Taxes669
  • Price$ 1,300,000
  • Bedrooms12
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size4,356 SqFt
Listing Provided Courtesy Of:
Space & Company
Data Source:
Bright MLS
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. 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.

Price History
3/1/2021 Listed $1,400,000
3/23/2021 8% - $1,300,000

General Features

Accessibility None
Architectural Style Straight Thru
Construction Completed Y/N Yes
Construction Materials Masonry
Cool Fuel Electric
Cooling Central A/C
County PHILADELPHIA
Days on Market 43
Garage Y/N No
Heating Forced Air
High School District THE SCHOOL DISTRICT OF PHILADELPHIA
MLS Area 19122 (19122)
New Construction Yes
Numberofunitsvacant 4
Other Structures Above Grade
Ownership Fee Simple
Possession Negotiable
Price Per Sq Ft 216.67
Property SubType Quadruplex
Property Type Multi-Family
PropertyCondition Excellent
Sewer Public Sewer
Structure Type Interior Row/Townhouse
Tax Annual Amount 669.0
Tax Year 2020
Total Units 4
Vacation Rental Y/N No
Water Access Y/N No
Zoning RM1

Interior Features

Central Air Y/N Yes
Furnished Units None
Heating Fuel Natural Gas
Heating Y/N Yes
Hot Water Natural Gas
Living Area 6000
Three Bedroom Units Count 4

Exterior Features

Lot Dimensions 31.66 x 67.00
Lot Size Acres 0.10
Lot Size Source Estimated
Lot Size Square Feet 4356.00
Navigable Water Y/N No
Pool Y/N No Pool
Type of Parking On Street
Water Oriented Y/N No
Water Source Public
Water View Y/N No
Waterfront Y/N No

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 19122

Price
AVG $740K
$1.3M
Taxes
AVG $1,032
$669
Visits
AVG 64
26
Year Built
AVG 1978
2021
Walkscore
AVG 81
76
Data Provided by Walkscore ® not using MLS data

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