$875,100

3220 W Diamond St

PHILADELPHIA PA, 19121

Description

3220 W Diamond ST! Presents a Spectacular Investment Opportunity in the Strawberry Mansion neighborhood!!! Less than a block off Fairmont Park. Monumental TRIPLEX sits on a generous 17' x 97' parcel. Meticulously renovated and fully occupied. Unit 1 is a 1,900 SF 4 BD | 4 BA rented for $2,400 a month, Unit 2 is a 1,000 SF 2 BD| 2 BA rented for $1,500 a month, and Unit 3 is a 1,000 SF 2 BD | 2 BA rented for $1,650 a month. There is a common ROOF DECK for all units to use. Unit 1 has a private Large Backyard. Tenant pays all utilities with a flat water fee. Total Annual rent is $65,670 and NOI is $54,064. This walker and biker's "paradise" has excellent transit links with five different bus routes & its close proximity to 33rd Street, allows for a quick trip into Fairmount and Center City. 10 YEAR TAX ABATEMENT in place. This property is a perfect investment for any Established or New Investor!!! Property is located in the Qualified Opportunity Zone!!! Great for 1031 EXCHANGE!!!

Details

MLS#PAPH954328
Listing TypeFor Sale
Sub-TypeResale
Status10000069142
Year1915
Days On Site16

Features

SQ Feet3,900
Units3
Loading Form
Loading Form
Area Information
StatePA
CountyPHILADELPHIA-PA
CityPHILADELPHIA
Zip Code19121
Area19121 (19121)
Listing VS Median (in 19121)
Price:
$875,100
low | high
Med:
$4,000
100% of Average
SqFt:
3,900
low | high
Med:
2,736
79.846153846154% of Average
$ / SqFt:
$224
low | high
Med:
$1
100% of Average
On Site:
16
low | high
Med:
87
18.390804597701% of Average
Listing Updated: November 26, 2020 8:40:40 PM PST
Amardeep Billy Grewal LogoMLS Number: PAPH954328
Listing Provided By:
Amardeep Billy Grewal  of  Keller Williams Philadelphia
MLS Internet Data Exchange (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, and that the data is deemed reliable but is not guaranteed accurate by the Bright MLS. 

© 2020 Bright MLS, All Rights Reserved