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Renovated Triplex With Three Income Units

1627 West Diamond Street Philadelphia, PA 19121

1627 West Diamond Street, Philadelphia, PA, 19121
$649,900
For Sale
$649,900

Fully occupied triplex generating annual gross rental income, completely gutted and renovated in 2015.

Property Size4,128 SF
Price / SF$157.44
Days on Market63

Property Features for 1627 West Diamond Street

General Information

Standard status
Active
Size
4,128 SF
Property subtype
Multi-Family / Fee Simple

Building Details

Year Built
1915
Listing agency Keller Williams Realty Devon-Wayne
Listed by Michael Coleman
Source Compass
Added: May 22 Updated: Jul 21 at 12:46PM Checked: Jul 22 at 9:34AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Keller Williams Realty Devon-Wayne


Investment Insights

Based on property information with market context.

This fully occupied triplex at 1627 West Diamond Street offers three rental units with a 2015 gut-and-renovation. The property includes modernized interior finishes and updated infrastructure following the renovation.

Unit 1 is a 5-bedroom, 5.5-bath home rented at $2,625. Unit 2 offers 3 bedrooms and 3 baths and is rented at $1,350. Unit 3 has 3 bedrooms and 3 baths and is rented at $1,575. The current annual gross rental income is stated as $60,300.

The offering is for sale and is being marketed both individually and as part of a package that includes additional properties identified by MLS numbers PAPH2631578, PAPH2631596, PAPH2632718, PAPH2632744, PAPH2635058, PAPH2635078, PAPH2637494, PAPH2637506, PAPH2637526, PAPH2637534, PAPH2638432, PAPH2638436, PAPH2639290, PAPH2639294, PAPH2639300, and PAPH2639390. Investor alert: 24-hour notice is required for all showings.

Key Highlights

  • Fully occupied triplex with annual gross rental income of $60,300
  • Completely gutted and renovated in 2015 with modern infrastructure and finishes
  • Unit mix: Unit 1 is 5 bed / 5.5 bath rented at $2,625; Units 2 and 3 are 3 bed / 3 bath

Property Analytics

Location Intelligence

Current Use by Public Records

Triplexes

Suggested Use

Law Firm Real Estate Agency Dental Office Accounting Firm Kitchen & Bath Showroom Electrical Service (Bike/Boat/Book/etc) Store Acupuncture Building Supply (Bike/Boat/Book/etc) Store

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Triplex - Fully occupied triplex generating annual gross rental income, completely gutted and renovated in 2015.
Where is this triplex located?
The property is located at 1627 West Diamond Street Philadelphia, PA.
What is the asking price?
The asking price for this property is $649,900.
What are key features of this property?
This property features: Fully occupied triplex with annual gross rental income of $60,300; Completely gutted and renovated in 2015 with modern infrastructure and finishes; Unit mix: Unit 1 is 5 bed / 5.5 bath rented at $2,625; Units 2 and 3 are 3 bed / 3 bath
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