2844 West Diamond Street

Philadelphia PA 19121

3489 sq. ft.

1120 sq. ft.

Duplex

Last sold for $715,200

Amardeep Grewal, last sold this property on 14 July 2023 after 399 days on market.

Overview

Introducing 2844 Diamond!!! New Construction TRIPLEX. Located in one of in one of the strongest Multifamily Market in booming Brewerytown / Strawberry Mansion. Few blocks from Fairmount Park!!! The building has 3 units, perfectly designed by Kore Design with BALCONIES, REAR YARD and SHARED ROOF DECK. Great opportunity for first time home BUYER | INVESTOR | 1031 EXCHANGE. Live in one unit and rent the other two units out, or receive rental income from all 3 units. Lower UNIT [One] is a 3BD | 2BA Bi-level apartment with large rear yard. Pro forma rent of 2,000 / Month!!! UNIT [Two] is a 2BD | 2BA apartment with a, pro forma rent of $1,500 / Month!!! Upper UNIT [Three] is a 2BD | 2BA apartment with a massive skyline Roof Deck, pro forma rent of 1,550 / Month!!! Pro forma annual rent: $60,000, Pro forma CAP: 7.2 %. All THREE Units feature a flexible floor plan, High ceilings, large windows and an open contemporary feel. Wide plank floors & recessed lighting. All kitchens are home to shaker-style cabinetry, subway tile, granite countertops, stainless steel appliances. There is ample closet space and W/D hook up in all THREE units. In a great location for commuters, it takes just minutes to get to Center City or University City. There are several Septa routes nearby, and all major highways are easily accessible. Only steps away from Fairmount Park the developing Girard Avenue, including Crime and Punishment Brewery, Green Eggs Cafe and Aldi. Easy access to the Art Museum, Whole Foods, 30th Street Station, Boathouse Row, Fairmount Park, Kelly Drive and I-76. ***The finish photos are from another recently completed project by the same builder. FULL 10-YEAR TAX ABATEMENT!!! To Keep your operating cost LOW!!! 1 yr Builder Warranty. Unit 1 has already been Rented for $2,000 a month Annual Lease. Unit 2 has beeen rented for 1,500 a Month Annual Lease

Features

3 bedrooms

3489 sq. ft. floor area

1120 sq. ft. lot size

Duplex

Estimated Value

Based on this property and similar 3 bedroom duplexes sold in Philadelphia over the last 12 months, the estimated median property value of 2844 West Diamond Street is $285k.

Median value

$285k

Estimated value range

$130k - $879k

Median days on market

Estimated value trend

11%

increase over the last 12 months

Average days on market is based on recent, comparable sales in Philadelphia. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 2844 West Diamond Street

2023

Sold

$715,200

14 Jul 2023 by Amardeep Grewal, of Keller Williams Philadelphia

2022

Sold

$137,000

28 Jan 2022

Happy sellers in Philadelphia

We have insufficient information to provide an overview of customer satisfaction for Philadelphia. Viewing the agent profiles, reviews and sales for Philadelphia can provide insights for this location.