447 Diamond Street

PHILADELPHIA, PA 19122

  • 0 Bed(s)
  • 0 Bath(s)
  • 2,952 Sqft
  • 1080
    Sqft(Lot)
$635,000

Description

Prime investment opportunity in a thriving neighborhood – 447 diamond street

unlock the potential of this incredible mixed-use property in one of the city’s fastest-growing neighborhoods. 447 diamond street offers a unique investment opportunity with steady cash flow, a prime location, and the promise of long-term growth. whether you're an experienced investor or looking to expand your portfolio, this property is a must-see!

property features:

first floor: commercial space with triple net lease
the ground floor features a well-established convenience store currently under a triple net (nnn) lease. this means minimal maintenance and a reliable income stream. with high visibility and consistent foot traffic, this space is perfect for a variety of businesses, making it an excellent choice for savvy investors.

second & third floors: residential apartments
each of the two upper floors is home to a spacious 2-bedroom, 1-bathroom apartment. recently updated with modern finishes, these units offer great natural light, ample space, and a desirable layout. capitalize on the rental income potential or enjoy the option to live in one of the units while generating income from the others.

investment highlights:

steady cash flow: with the long-term, low-maintenance commercial tenant and the income-generating residential units, this property offers multiple revenue streams and reliable cash flow.
triple net lease: the nnn lease on the first floor reduces your operating expenses, providing a stable and predictable income stream with minimal risk.
future upside: the surrounding area is undergoing rapid development, increasing both the property value and future growth potential.
location & neighborhood:

walkable convenience: enjoy the best of city living with easy access to local restaurants, cafes, parks, and shops—all just a few steps away. the neighborhood is vibrant, welcoming, and quickly appreciating in value, making this an ideal time to invest.

transportation & accessibility: excellent access to public transportation, including bus routes and the subway, as well as quick routes to major highways and downtown philadelphia, ensures that residents and business owners will enjoy convenient and efficient commutes.

rapid growth area: with new developments popping up across the neighborhood, 447 diamond street is in the heart of a thriving, dynamic area. this makes it a perfect property for long-term investment.

why invest in 447 diamond street?

whether you’re looking to add a reliable income-generating asset to your portfolio or seeking a property in an area with tremendous future growth, 447 diamond street offers both stability and potential. don’t miss out on this rare opportunity to secure a mixed-use property in one of philadelphia’s most promising locations.

contact us today to schedule a tour and explore the immense value this property has to offer!

  • Property Type

    Multi-Family

  • County

    PHILADELPHIA

  • Style

    Traditional

  • AD ID

    47310256

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Property Details

  • Water/Sewer

    • Water Source : Public

    Heating & Cooling

    • Cooling: Central A/C
    • Heating: Central
    • Cooling Fuel: Electric
    • Heating Fuel: Electric

  • Building Information

    • Year Built: 1875
    • Structure: Over Storefront
    • New Construction: No
    • Total Units: 3
    • Built: 1875
    • Construction Material: Masonry
    • Architecture: Traditional
    • Pool/Private: No Pool

    Pool Information

    • Pool: No Pool

    Utility Features

    • Sewer: Public Sewer

    Water

    • Water Heat: Electric

  • Lot Information

    • Lot Size: 1,080
    • Dimensions: 18.00 x 60.00
    • Lot Size (Acres): 0.02
    • Architectural Style: Traditional
    • Stories Total: 3
    • Main Square Feet: 1,080

    Property Information

    • SQ ft: 2,952
    • SQ ft (Living Area): 2,952
    • Total Lot SQ ft: 1,080
    • Financing: Cash,Conventional,FHA,VA
    • Appx. Lot Dimensions: 18.00 x 60.00
    • Total Acreage: 0.02
    • New Construction: No
    • Type: Traditional

  • Listing Information

    • Possession: Immediate
    • Days Of Market: 200

  • Tax Information

    • Annual Tax: $3,089
    • Tax Year: 2025
    • Total Taxes Payment Frequency: Annually

    Possession

    • Immediate

    Assessment Information

    • Taxes Assessment Amount: $220,700

  • Parking Information

    • Parking Type: On Street

    Multi-Unit Information

    • Acceptable Financing: Cash,Conventional,FHA,VA

    Homeowners Association Information

    • Direction: Corner of 4th and Diamond.

  • School Information

    • School District: PHILADELPHIA CITY

    Utility Information

    • Water Source: Public
    • Sewer: Public Sewer
    • Cooling Fuel: Electric
    • Heating Fuel: Electric
    • Hot Water: Electric

    Location Information

    • Direction: Corner of 4th and Diamond.
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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 05/20/2025 @ 12:07

  • MLS: PAPH2410900
  • LISTING PROVIDED COURTESY OF: ,
  • SOURCE: BRIGHT MLS

is a Other, with 0 bedrooms which is for sale, it has 2,952 sqft, 1,080 sized lot, and 0 parking. are nearby neighborhoods.