1730 W Diamond Street

PHILADELPHIA, PA 19121

  • 0 Bed(s)
  • 0 Bath(s)
  • 2,484 Sqft
  • 1530
    Sqft(Lot)
$850,000

Description

Calling the savvy investor! temple university, a fully occupied, exceptional efficiency/co-living apartment building, thoughtfully designed to include 9 income-generating units, 8 modern baths, and 7 fully equipped kitchens. the amenities include a hook-up for washers and dryers. this upgraded co-living property is a prime investment opportunity for those seeking robust cash flow and long-term stability. with multiple units producing rental income, this asset outperforms traditional single-family or multi-family investments by maximizing revenue per square foot.
the property’s strategic layout minimizes vacancy risks while optimizing cash flow. even if one tenant moves out, the remaining units continue to generate income, ensuring consistent returns. additionally, the flexibility to offer short-term, medium-term, or long-term rentals allows investors to capitalize on shifting market demands, maintaining optimal occupancy rates year-round.
1730 w. diamond street is a standout investment purchase due to its significant 2024 upgrades, including modernized kitchens, enhanced bathrooms, and smart home features. with 9 rentable units, the potential income stream can significantly exceed that of a standard 4-unit quad or multi-family property. plus, while a single vacancy in a quad can reduce income by 25% or more, this co-living building’s structure ensures minimal financial impact from tenant turnover.
furthermore, the tenant pool for co-living properties is diverse and stable, ranging from working professionals and downsizing seniors to short-term residents seeking flexible, fully equipped living spaces. this broader tenant base not only reduces turnover but also minimizes costly repeat repairs often associated with conventional apartment rentals. this co-living property is not just an investment; it’s a strategic asset designed for sustainable, high-yield returns. each unit is recently renovated. cash deal preferred, as-is sale, and pof required before scheduling an appointment to see the property. agent nor the seller is responsible for incorrect public information, including taxes. showings are preferred during the open house due to the tenant’s work schedules. cap rate approximately 7%. serious inquiries can request the rent roll. mls does not allow for inputting accurate information regarding the number of kitchens. there are 9 recently renovated units, 8 baths, and 7 kitchens. read the details of the listing for the set-up of each room. annual income is approximate and based on current rent roll.

  • Property Type

    Multi-Family

  • Subdivision

    Temple University

  • County

    PHILADELPHIA

  • Style

    Traditional

  • AD ID

    49739144

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Property Details

  • Water/Sewer

    • Water Source : Public

    Interior Features

    • 2nd Kitchen,Bathroom - Walk-In Shower,Ceiling Fan(s),Efficiency,Floor Plan - Traditional,Intercom,Kitchen - Efficiency,Kitchen - Table Space,Recessed Lighting,Sprinkler System,Upgraded Countertops,Wood Floors
    • Basement Description: Full,Unfinished
    • Property Appliances: Energy Efficient Appliances,Microwave,Oven - Self Cleaning,Oven/Range - Electric,Refrigerator,Water Heater - High-Efficiency

    Heating & Cooling

    • Cooling: Ceiling Fan(s),Multi Units,Window Unit(s)
    • Heating: Baseboard - Electric,Forced Air,Hot Water
    • Cooling Fuel: Electric
    • Heating Fuel: Electric

  • Building Information

    • Year Built: 1925
    • Structure: Interior Row/Townhouse
    • Major Appliances: Energy Efficient Appliances,Microwave,Oven - Self Cleaning,Oven/Range - Electric,Refrigerator,Water Heater - High-Efficiency
    • New Construction: No
    • Total Units: 3
    • Built: 1925
    • Construction Material: Masonry
    • Security System: Carbon Monoxide Detector(s),Fire Detection System,Main Entrance Lock,Smoke Detector,Sprinkler System - Indoor,Intercom
    • Foundation/Basement: Brick/Mortar
    • Architecture: Traditional
    • Pool/Private: No Pool

    Exterior Features

    • Utilities: Electric Available,Sewer Available,Water Available,Cable TV Available

    Pool Information

    • Pool: No Pool

    Utility Features

    • Sewer: Public Sewer

    Water

    • Water Heat: Electric

  • Lot Information

    • Lot Size: 1,530
    • Dimensions: 17.00 x 90.00
    • Lot Size (Acres): 0.04
    • Architectural Style: Traditional
    • Main Square Feet: 1,530

    Property Information

    • SQ ft: 2,484
    • SQ ft (Living Area): 2,484
    • Total Lot SQ ft: 1,530
    • Subdivision: TEMPLE UNIVERSITY
    • Financing: Cash,Conventional
    • Appx. Lot Dimensions: 17.00 x 90.00
    • Total Acreage: 0.04
    • New Construction: No
    • Type: Traditional

  • Listing Information

    • Possession: 0-30 Days CD
    • Days Of Market: 11

  • Tax Information

    • Annual Tax: $5,408
    • Tax Year: 2024
    • Total Taxes Payment Frequency: Annually

    Possession

    • 0-30 Days CD

    Assessment Information

    • Taxes Assessment Amount: $386,400

  • Parking Information

    • Parking Type: On Street

    Multi-Unit Information

    • Acceptable Financing: Cash,Conventional

    Homeowners Association Information

    • Direction: Travel North on Broad to Diamond. Make Left, property on the left.

  • School Information

    • School District: PHILADELPHIA CITY

    Utility Information

    • Electric Available,Sewer Available,Water Available,Cable TV Available
    • Water Source: Public
    • Sewer: Public Sewer
    • Cooling Fuel: Electric
    • Heating Fuel: Electric
    • Hot Water: Electric

    Location Information

    • Direction: Travel North on Broad to Diamond. Make Left, property on the left.
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Data provided by Bright MLS. Property information is for the users personal, non-commercial use. Information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties that appear on the website may no longer be for sale, and may be under contract or sold. ©2025 Bright MLS, All Rights Reserved. Information is reliable but not guaranteed.

BuyOwner last updated this listing 06/14/2025 @ 02:15

  • MLS: PAPH2483508
  • LISTING PROVIDED COURTESY OF: ,
  • SOURCE: BRIGHT MLS

is a Other, with 0 bedrooms which is for sale, it has 2,484 sqft, 1,530 sized lot, and 0 parking. are nearby neighborhoods.