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$556,000
34 Days On Site

1627 W DIAMOND STREET
PHILADELPHIA, PA 19121

For Sale|Triplex|Active
6
Beds
0
Total Baths
4,128
SqFt
$135
/SqFt
2015
Built
Subdivision:
TEMPLE UNIVERSITY
County:
PHILADELPHIA
Listing courtesy of BHHS Fox & Roach-Center City Walnut
Call Now: (703) 898-3565
Is this the listing for you? We can help make it yours.
(703) 898-3565
1627 W DIAMOND STREET1627 W DIAMOND STREET1627 W DIAMOND STREET1627 W DIAMOND STREET
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Investor Alert! 24-hour notice required for all showings. Fully occupied and fully leased through July 2027, this exceptional triplex offers immediate cash flow and strong long-term upside. The property is currently generating $51,300 in annual gross rental income, with meaningful upside on Unit 1 upon lease turnover — this income-producing asset is an outstanding opportunity for investors seeking a stable base of cash flow plus a clear path to increased returns. Completely gutted and renovated in 2015, the property benefits from modern infrastructure and finishes. The 1:1 bedroom-to-bathroom ratio aligns with current student housing demand trends, helping to ensure future rentability and maintain competitive occupancy levels. Unit 1: 5 Bed / 5.5 Bath — Currently rented at $1,350/month (historically rented at $2,600/month — significant upside potential upon lease renewal) Unit 2: 3 Bed / 3 Bath — Rented at $1,350/month Unit 3: 3 Bed / 3 Bath — Rented at $1,575/month This property is being marketed individually and as a package that includes the properties with the following MLS numbers: PAPH2665118, PAPH2665128, PAPH2665158, PAPH2665168, PAPH2665172, PAPH2665174, PAPH2665178, PAPH2665182, PAPH2665180, PAPH2665184, PAPH2665188, PAPH2665192, PAPH2665196, PAPH2665198 and PAPH2665206

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Listing Snapshot
Price 
$556,000
Days On Site 
34 Days
Bedrooms 
6
Inside Area (SqFt) 
4,128 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.04 Acres
Year Built 
2015
MLS® Number 
PAPH2665128
Status 
Active
Property Tax 
$7,550
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
Assessor
Friends & Family
Recent Activity
2 weeks agoListing updated with changes from the MLS®
a month agoListing first seen on site
General Features
Acres 
0.04
Foundation 
Brick/Mortar
Parking 
On Street
Property Condition 
New Construction
Property Sub Type 
Triplex
Sewer 
Public Sewer
Special Circumstances 
Standard
SqFt Above 
4128
SqFt Total 
4128
Style 
Traditional
Water Source 
Public
Zoning 
RM1
Interior Features
Cooling 
Central AirElectric
Heating 
ElectricHeat Pump
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Exterior Features
Pool Features 
None
Community Features
MLS Area 
19121 (19121)
School District 
PHILADELPHIA CITY
Schools
School District
PHILADELPHIA CITY
Elementary School
Unknown
Middle School
Unknown
High School
Unknown
Listing courtesy of BHHS Fox & Roach-Center City Walnut



The real estate listing information is provided by Bright MLS is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing. Any information relating to real estate for sale or lease referenced on this web site comes from the Internet Data Exchange (IDX) program of the Bright MLS. This web site references real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. The accuracy of all information is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. Properties in listings may have been sold or may no longer be available. The data contained herein is copyrighted by Bright MLS and is protected by all applicable copyright laws. Any unauthorized collection or dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright © 2020 Bright MLS. All rights reserved.

Neighborhood & Commute
Source: Walkscore
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
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