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1,490 sqft

$650,000

3112 W DIAMOND STREET, PHILADELPHIA PA, 19121

Price per sqft$436.24
Built in1915
Property size1,490 sqft
Property typeCommercial

Overview

Active

Active-bright

Listed Sep 16, 2026

Updated 5 days ago

Fully renovated in 2023! Legal 5-unit Brownstone in prime Philadelphia location. Turnkey investment opportunity listed at $650,000 This impressive Brownstone features 5 fully updated units: 4 stylish studio apartments and 1 spacious 2-bedroom, 2-bath unit with access to a private backyard. Each unit showcases modern finishes while preserving original charm, including high ceilings, exposed brick, and oversized windows that fill the space with natural light. Four of the five units are equipped with in-unit washer and dryer. 4 of 5 tenants are veterans which has created a peaceful service based community for the building. Unit 2R rent is discounted $200 because he manages the property for the owner. He paints, drywall repairs, change battery for the keypad, clean hallways and exterior, tenant lock outs, and on call for anything regarding the building and tenants. He has resided at this property for 16 years and performed similar duties for the previous owner. Currently, all units are occupied but unit 1 and unit 2F will delivered vacant. This beautiful property has the potential to generate $5,550 per month in rental income. Located on a quiet block with abundant street parking with newly paved streets, just minutes from Kelly Drive, the Art Museum, Temple, Brewerytown, Fairmount Park, The Dell, and some of the best dining and nightlife in the city. Showings are available and will be conducted by the Unit 2R tenant/building maintenance man. Please schedule your showings at least 24 hrs in advance.

Additional information

MLS® ID
PAPH2671262

Interior Features

Cooling
Yes
Heating
Yes
Basement
Yes

Exterior Features

Lot Size
0.03 Acres

Other Property Details

Taxes
$4,072
Tax Frequency
Annually
MLS provider logo

Listed by United Real Estate
Listing Contact: 6095340212 

The IDX display contains information sourced from the Bright MLS, Inc. as of 10/2/2026. This data is intended solely for personal, non-commercial use and is not to be utilized for any other purposes except to identify potential properties for purchase. Although the MLS data displayed is typically considered reliable, it is not guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. Any compensation offers are solely made to participants of the MLS where the listing is registered.

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Data last updated on 10/2/2026 at 12:47 AM UTC

 

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