809 DIAMOND ST new to site

Philadelphia,PA 19122

$ 3330000

- Bed

- Bath

11360 SqFt


Key Details

Property Type Commercial

Sub Type Five Or More Units

Listing Status Active

Purchase Type For Sale

Square Footage 11,360 sqft

Price per Sqft $293

Subdivision Norris Square

MLS Listing ID PAPH2401310

Originating Board BRIGHT

Year Built 2024

Annual Tax Amount $2,500

Tax Year 2024

Lot Size 2,651 Sqft

Acres 0.06

Lot Dimensions 0.00 x 63.00

Property Description

Introducing: 809 Diamond Street, a brand new construction multifamily asset for sale in Philadelphia, PA. The Offering consists of an ±11,360 SF, 4-storey redbrick building with eleven (11) apartments, beautifully designed to today’s modern rental standards. Unit mixture: Six (6) 1bd, four (4) 2bd, one (1) 3bd apartment. Prominent corner site located between two thriving districts: Temple University and Kensington. Swelling residential demand exists in this desirable location, ensuring rentability for years to come. Capture Qualified Opportunity Zone (QOZ) benefits with this prime Philly real estate acquisition by acquiring pre-CO for a limited time before occupancy begins. 10 year tax abatement. Enquire within for pro forma financials.

Location

State PA

County Philadelphia

Area 19122 (19122)

Zoning CMX2

Interior

Hot Water Natural Gas

Heating Central

Cooling Central A/C

Flooring Luxury Vinyl Plank

Heat Source Natural Gas

Exterior

Waterfront N

Water Access N

View City

Roof Type Fiberglass

Accessibility None

Parking Type None

Garage N

Building

Lot Description Corner

Sewer Public Sewer

Water Public

New Construction Y

Schools

School District The School District Of Philadelphia

Others

Tax ID 881000024

Ownership Fee Simple

SqFt Source Assessor

Special Listing Condition Standard

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