1735 W Diamond St, Philadelphia, PA 19121

Property Description

INVESTOR ALERT — 24 HOURS NOTICE REQUIRED FOR ALL SHOWINGS. Ground-up new construction triplex completed in 2016, a short walk from Temple University's Main Campus and inside the Temple University Police patrol zone. Eleven bedrooms and eleven bathrooms — true one-to-one parity, so every bedroom in the building has its own bathroom. Unit 1 — 5 bed / 5 bath — $2,500/mo. Unit 2 — 3 bed / 3 bath — $1,500/mo. Unit 3 — 3 bed / 3 bath — $1,425/mo. Total $5,425/mo, or $65,100 annually on the 26/27 contract, let by the room across all three units. Not a conversion: built new in 2016, with the major systems still young. The ten-year tax abatement has fully expired and the 2026 bill is carried in full, so an incoming owner inherits the tax line as shown rather than a step-up in the first years of ownership. Offered individually or alongside 1741 W Diamond St, a near-identical building three doors west. Owner's operating statement available to qualified buyers.