$700,000
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447 Diamond Street Philadelphia, PA 19122 Municipality: Philadelphia
Single Family
Residence
Beds
Baths
Sq. Ft.
0.02
Acre
Lot
Property Activity
Time on Site
days
Days on Market
Views
Saves
447 Diamond Street â Exceptional Investment Opportunity in a Prime Location Donât miss this incredible chance to add a high-potential property to your portfolio! Located in the heart of a vibrant, rapidly growing neighborhood, 447 Diamond Street is a versatile CMX2 zoned mixed-use building with m...ultiple income streams. Property Features: First Floor: A well-established convenience store/commercial space, currently leased with a Triple Net (NNN) lease in place, ensuring steady and low-maintenance rental income. This prime commercial space offers high visibility and foot traffic, ideal for a variety of businesses. Second & Third Floors: Two spacious 2-bedroom, 1-bathroom apartments, offering the opportunity to further capitalize on rental income. Both units feature modern finishes, plenty of natural light, and spacious layouts. Investment Highlights: Steady Cash Flow: The established tenant on the first floor and the income potential from the residential units make this an attractive investment opportunity for both new and seasoned investors. Triple Net Lease: The convenience storeâs NNN lease reduces the burden of property expenses, offering a stable and predictable cash flow. Location & Neighborhood: Walkable to Amenities: Situated in a thriving neighborhood, this property is within walking distance of local restaurants, cafes, shops, and parks. The community is rapidly appreciating in value, making it an ideal time to invest. Transportation: Excellent public transportation options nearby, including bus routes and the subway, making commuting easy and convenient. Residents and businesses alike will benefit from quick access to major highways and downtown Philadelphia. Future Growth Potential: The area is seeing increased development, with new businesses and residential projects underway. This makes 447 Diamond Street not just a solid investment today, but a property with significant future growth potential. Summary: Whether you're looking to expand your real estate portfolio or invest in a property with stable cash flow and significant upside potential, 447 Diamond Street is a must-see. Take advantage of the opportunity to own a mixed-use building in a desirable and rapidly appreciating area. Donât let this one pass you byâcontact us today for more information or to schedule a viewing!
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MLS#
PAPH2410900
Property Type
Single Family
Year Built
1875
Price per Sq. Ft.
$237.13
Lot Size
0.02
Sewer
Public Sewer
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Walk Score measures the walkability of any address, Transit Score measures access to public transit on a scale of 1-100.
Source: Walk Score®
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