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1730 W DIAMOND Street
PHILADELPHIA PA 19121 US

$795,000

Active Listing ID PAPH2483508
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Lot: 0.04 Acres
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$795,000

Active Listing ID PAPH2483508
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1730 W DIAMOND Street CO-LIVING APARTMENT BUILDING - PRICE REDUCTION - Calling the savvy investor! Temple University, a fully occupied, exceptional Efficiency/Co-Living Apartment Building, thoughtfully designed to include 9 income-generating units, 8 modern baths, and 7 fully equipped kitchens. The amenities include a hook-up for washers and dryers. This upgraded co-living property is a prime investment opportunity for those seeking robust cash flow and long-term stability. With multiple units producing rental income, this asset outperforms traditional single-family or multi-family investments by maximizing revenue per square foot. The property's strategic layout minimizes vacancy risks while optimizing cash flow. Even if one tenant moves out, the remaining units continue to generate income, ensuring consistent returns. Additionally, the flexibility to offer short-term, medium-term, or long-term rentals allows investors to capitalize on shifting market demands, maintaining optimal occupancy rates year-round. 1730 W. Diamond Street is a standout investment purchase due to its significant 2024 upgrades, including modernized kitchens, enhanced bathrooms, and smart home features. With 9 rentable units, the potential income stream can significantly exceed that of a standard 4-unit quad or multi-family property. Plus, while a single vacancy in a quad can reduce income by 25% or more, this co-living building's structure ensures minimal financial impact from tenant turnover. Furthermore, the tenant pool for co-living properties is diverse and stable, ranging from working professionals and downsizing seniors to short-term residents seeking flexible, fully equipped living spaces. This broader tenant base not only reduces turnover but also minimizes costly repeat repairs often associated with conventional apartment rentals. This co-living property is not just an investment; it's a strategic asset designed for sustainable, high-yield returns. Each unit is recently renovated. Cash deal preferred, as-is sale, and POF required before scheduling an appointment to see the property. Agent nor the seller is responsible for incorrect public information, including taxes. Showings are preferred during the Open House due to the tenant's work schedules. CAP RATE Approximately 10%. Serious inquiries can request the rent roll. MLS does not allow for inputting accurate information regarding the number of kitchens. There are 9 recently renovated units, 8 baths, and 7 kitchens. Read the details of the listing for the set-up of each room. Annual income is approximate and based on current rent roll.

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Property Features

  • Facts
  • Lot Size: 0.04 Acres
  • Property Type: Residential Multi Family
  • Property Sub-type: Other
  • Features
  • Cooling System: Multi Units, Window Unit(s)
  • Exterior Finish: Level Entry - Main
  • Heating Fuels: Baseboard, Electric (Heating), Forced Air, Hot Water (Heating)

Property

  • propertytype: Residential Multi Family
  • propertysubtype: Other
  • listprice: 795000
  • unparsedaddress: 1730 W DIAMOND Street
  • postalcity: PHILADELPHIA
  • stateorprovince: PA
  • country: US
  • postalcode: 19121
  • bathroomsfull: 0
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeacres: 0.04
  • lotsizeunits: Acres
  • lotsizearea: 0.04
  • livingarea: 2484
  • livingareaunits: Square Feet
  • latitude: 39.98526382
  • longitude: -75.16246033
  • listagentfullname: Beverly D Chandran
  • listagentemail: bev@cashflow-realestate.biz
  • listagentkey: 3yd-TRENDPA-3179076
  • listagentmlsid: 3179076
  • listagentpreferredphone: 3012042292
  • listagentofficephone: 2152223700
  • listofficekey: 3yd-TRENDPA-RLTYMKCS
  • listagentstatelicense: RS306110
  • listofficemlsid: RLTYMKCS
  • disclaimer: Copyright © 2025 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: TRENDPA
  • yearbuilt: 1925
  • listingcontractdate: 2025-06-01
  • listagenturl: http://www.realtymarkllc.com
  • countyorparish: PHILADELPHIA
  • elementaryschooldistrict: PHILADELPHIA CITY
  • middleorjuniorschooldistrict: PHILADELPHIA CITY
  • highschooldistrict: PHILADELPHIA CITY
  • appliances: Energy Efficient Appliances, Microwave, Oven - Self Cleaning, Oven/Range - Electric, Refrigerator, Water Heater - High-Efficiency
  • cooling: Window Unit(s), Multi Units, Ceiling Fan(s)
  • constructionmaterials: Masonry
  • heating: Baseboard, Hot Water(Heating), Forced Air, Electric (Heating)
  • numberofunitstotal: 3
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 0
  • parkingtotal: 0
  • parkingfeatures: On Street
  • waterfrontyn: False
  • franchiseaffiliation: None
  • interiorfeatures: 2nd Kitchen, Bathroom - Walk-In Shower, Ceiling Fan(s), Efficiency, Floor Plan - Traditional, Intercom, Kitchen - Efficiency, Kitchen - Table Space, Recessed Lighting, Sprinkler System, Upgraded Countertops, Wood Floors
  • architecturalstyle: Other
  • rooms: Basement
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: True
  • internetconsumercommentyn: True
  • location: -75.16246, 39.985264
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"Realty Mark", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "CustomSourceId":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"bev@cashflow-realestate.biz", "ListBrokerageCity":"Southampton", "ListBrokerageCountry":"US", "ListBrokerageEmail":"raygaber@comcast.net", "ListBrokerageLogoUrl":"http://brokerlogos.listhub.net/TRENDPA/fe10817154a011e0b36000219b994c72/20120711205644305.png", "ListBrokerageName":"Realty Mark", "ListBrokeragePhone":"(215) 376-4444", "ListBrokeragePostalCode":"18966", "ListBrokerageStateOrProvince":"PA", "ListBrokerageUnitNumber":null, "ListBrokerageUnparsedAddress":"352 Second Street Pike", "ListBrokerageWebsiteUrl":"http://www.realtymarkllc.com", "ListOfficeAddress1":"1500 John F Kennedy Boulevard unit: 1510 ", "ListOfficeAddress2":null, "ListOfficeBrokerMlsId":"RLTYMKCS", "ListOfficeCity":"Philadelphia", "ListOfficeCountry":"USA", "ListOfficeEmail":"raygaber@comcast.net", "ListOfficePostalCode":"19102", "ListOfficeStateOrProvince":"PA", "ListPriceCurrencyType":"USD", "ListingTitle":"MULTI_FAMILY - Other - PHILADELPHIA, PA", "ListingURL":null, "MLSModificationTimestamp":"2025-08-26 13:15:42", "Neighborhoods":[{"Description":null, "Name":"TEMPLE UNIVERSITY"}], "PostalCode":null, "RoomCount":null, "StateOrProvince":null, "Taxes":[{"TaxAnnualAmount":5408, "TaxDescription":null, "TaxYear":null}], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 10/3/2025 12:54:43 AM GMT
Source Updated Date: 12/6/2025 6:41:39 AM GMT

Courtesy of: Beverly Chandran, Realty Mark Cityscape, bev@cashflow-realestate.biz

Copyright © 2025 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.