436 Diamond St, Philadelphia, PA 19122

$564,900

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List Price
$564,900
Price Change
▼ $100 1776239297
Days on Market
146
Status
ACTIVE
MLS#
PAPH2590160
Lot Size (Acres)
0.02
Year Built
2024
County
Philadelphia
School District
The School District Of Philadelphia

Property Description

Turnkey New Construction Investment in the Heart of West Kensington Discover a standout mixed-use opportunity in one of West Kensington’s most dynamic and fast-developing area. This newly constructed, three-unit property is perfectly positioned on a prominent corner, giving the commercial space exceptional exposure. The commercial unit is secured with a solid 5-year lease (4 years remaining), providing immediate and predictable income. Two stylish residential units sit above, each a spacious 1 bedroom, 1 bath layout with soaring 10+ ft ceilings that create an airy, loft-like feel. Both apartments offer private rear entrances and are occupied by reliable tenants, though leases may be terminated if owner-occupancy is preferred. With modern finishes, strong tenancy, and a location that continues to attract interest, this property delivers both stability and upside for investors looking to tap into West Kensington’s vibrant growth. 10 year tax abatement in place.

Additional Information

Area
19122 (19122)
Subdivision
Olde Kensington
Taxes
$60
School District
The School District Of Philadelphia
Heating
Forced Air
Heating Fuel
Central
Cooling
Central A/C, Ductless/Mini-Split
Water
Public
Sewer
Public Sewer

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Term of Loan
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Calculator source: Real Geeks

Listing courtesy of Tesla Realty Group, LLC. Contact: 8448375274