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809 Diamond St

$3,100,000

809 Diamond St, Philadelphia, Pa 19122

Active
Last Updated: 02/08/2025

6.48

Cap Rate

11,360 sqft

Building Size

Details:
Cap Rate:    6.48%
Building Size:    11,360 sqft
Year Built:    2024
Price Per Sqft:    $272.89
Zoning:    CMX2
Roof:    Fiberglass
Highlights:
  • Days on Market: 122
  • Heating: Central
Description:

Corner

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.

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