1921 W Diamond Street, Philadelphia, PA 19121-1507 $680,000
![](http://bright-media01.prd.brightmls.com/bright/images/0000/8029/8826/1672/802988261672_1024_768_WM_-ofB3VAZoHQmabxx.jpg)
Interior Sq. Ft: 3,672
Acreage: 0.04
Age:109 years
Style:
Other
Subdivision: Temple University
Design/Type:
Interior Row/Townhouse
Description
Introducing 1921 W Diamond St! An RM-1 zoned, recently renovated, Quadruplex near Temple University with an active rental license and rent-by-the-room comps projecting to at least $7800/mo income! Unit #1 - Recently fully rehabbed - stamped concrete flooring throughout, separate entrance, sump pump Unit #2 - New kitchen cabinetry, flooring in kitchen & LVR, GE Microwave & GE Washer/Dryer Unit #3 - Newer GE Washer/Dryer & HVAC. Newer bathroom. New flooring. New paint. Unit #4 - New GE Refrigerator & GE Microwave in. Newer bathroom. Newer HVAC. New paint. Welcome to 1921 W Diamond St, a remarkable separately metered quadruplex that perfectly blends modern comfort with historic charm. Situated in a prime location minutes from Temple's campus, this property offers not just one, but four spacious 3-bedroom, 1-bathroom units, each thoughtfully designed to provide both residents and investors with an exceptional experience. For owner-occupants who want to "house hack" by living in one unit and renting the others to cover their mortgage, you can take advantage of the new 5% conventional lending option for 2-4 unit properties! With all four units currently occupied, including two on month-to-month leases, this property assures immediate rental income, making it an ideal addition to your real estate portfolio. Rent by the room comps project monthly income of nearly $8000 per month! The convenience of central air conditioning in every unit ensures year-round comfort, while the in-unit laundry facilities add a touch of luxury to the urban lifestyle. Upgraded to meet the demands of today's discerning tenants, each unit features thoughtful enhancements that elevate the living experience. Recent renovations include a BRAND NEW ROOF (2023), newly painted exterior (2023), new appliances (2023), newer cabinetry (2021), new flooring (2023), updated bathrooms (2019), newer HVAC (2021), newer washer/dryer (2019), and new paint (2023). Walking distance from Temple's main campus, 1921 W Diamond St is located in a neighborhood brimming with local amenities, eateries, and cultural attractions, while offering the perfect blend of urban living and community spirit. With proximity to public transportation, major roadways, and the vibrant heartbeat of Philadelphia, this investment opportunity is primed to deliver both short-term returns and long-term value.
Home Assoc: No
Condo Assoc: No
Buyer Agency Comp*: 3 % Of Gross
Basement: N
Pool: No Pool
Features
Utilities
Central Heating, Electric, Central A/C, Electric, Hot Water - Electric, Public Water, Public Sewer
Garage/Parking
On Street
Exterior
Brick Exterior, Patio(s)
Select a school from the following list. Schools are grouped by school type.
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Public Elementary (164 schools)
Public Middle (31 schools)
Public High (74 schools)
Private (129 schools)
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This report is a detailed community overview for Philadelphia (19121), Pennsylvania.
Community Quick Facts
- Average travel time to work for people in this community: 32
- Average salary of people in this community: $31,826
Community Summary
- Population Density (ppl / mile): 13,816
- Household Size (ppl): 2.52
- Households w/ Children: 57%
Housing Inventory
- Owned: 3,933 (23.9%)
- Rented: 8,475 (51.6%)
- Vacant: 4,024 (24.5%)
- Total: 16,432
Population Demographics
The population of the community broken down by age group. The numbers at the top of each bar indicate the number of people in the age bracket below.
Climate and Weather
The Temperature chart displays average high and low values for January and July, and is designed to provide an indication of both seasonal and daily temperature variability. The Weather Risk Index indicates the calculated risk of each type of weather event occurring in the future. This risk is based on historical localized storm events and weather patterns. The national average for each type of weather event equals a score of 100, so a score of 200 would represent twice the risk as the national average, and a score of 50 would represent half the risk of the national average.
Temperature
Education
Highest Level of Education Attained
- Less than 9th Grade: 3.6%
- Some High School: 18.0%
- High School Graduate: 36.6%
- Some College: 21.7%
- Associate Degree: 4.5%
- Bachelor's Degree: 8.9%
- Graduate Degree: 6.8%
Income by dollar range
Median Income: $21,201
Fair Market Rents
The Fair Market Rents show average gross rent estimates based on figures provided by the U.S. Department of Housing and Urban Development (HUD).
- Studio: $631
- One Bedroom: $705
- Two Bedroom: $840
- Three Bedroom: $929
- Four Bedroom: $1,622
© 2024 LiveBy. All Rights Reserved.
Contact Information
Schedule an Appointment to See this Home
Contact our Customer Service Center
or call us at 302-234-5270
Listing Courtesy of: Compass Pennsylvania, LLC , (610) 947-0408, marianne.dillon@compass.com
The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which Patterson-Schwartz Real Estate participates, and is provided by BRIGHT through a licensing agreement. The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information Deemed Reliable But Not Guaranteed.
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Listing data as of 7/17/2024.