2904 W Diamond St, Philadelphia, PA 19121

Property Description

Introducing 2904 Diamond ST!!! FULLY LEASED NEWER CONSTRUCTION QUADPLEX @ 7.25% CAP!!! Located in the booming Brewerytown / Strawberry Mansion submarket, blocks from Fairmount Park!!! The building has 4 units, perfectly designed by KCA Design Associates with open floor plans, REAR YARD and ROOF DECK. Great opportunity for an INVESTOR, 1031 EXCHANGE, or OWNER-OCCUPANT INVESTOR. UNIT [One] is a 1BD | 1BA apartment, leased for $1,230 / Month!!! UNIT [Two] is a 2BD | 1BA with large rear yard apartment leased for $1,575 / Month!!! UNIT [Three] is a 2BD | 2BA apartment leased for $ 1,600 / Month!!! Upper UNIT [Four] is a 2BD | 2BA apartment with a massive skyline Roof Deck, leased for $1,625 / Month!!! Annual income: $72,360 | CAP: 7.25 %. 8 + YEAR’S left on FULL TAX ABATEMENT!!! All FOUR 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, quartz countertops, stainless steel appliances. There is ample closet space and W/D in all FOUR 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.