new - 4 days on rocket

1939 W Diamond St, Philadelphia, PA, 19121

$625,000

Home List Price

$7,422*

Closing Credit

0 Baths
5,999 SqFt
$104/SqFt
Multi

Location

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1939 W Diamond St, Philadelphia$625,000

Buyer Closing Credits

$7,422*

1.25% Loan Amount

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Property Highlights

Home TypeQuadruplex
ParkingOn Street
Year Built1915
HeatingCentral, Forced Air
CoolingCentral Air
BasementYes
MLS #PAPH2426256
Lot Size0.04 Acres
StatusActive
(ACTIVE)

About 1939 W Diamond St

Own a piece of Philadelphia’s history AND earn instant equity when you buy this quadplex just 6 blocks from Temple University. Rent the units out, and now you have cash flow! Unit 1 is a 3 bed/1.5 bath, bi-level unit. Unit 2 is a 2 bed/2 bath unit. Unit 3 is a 3 bed/3 bath unit with the most amazing panoramic view from the 4th story. Unit 4 is a converted garage to the rear and has 1 bed/1 bath. Beautifully renovated and 90% of the way to get the Certificate of Occupancy. The seller was quoted $15,000 to install the water and gas lines to the property and $30,000 to install the sprinkler system. The 1st floor is zoned for commercial use and would require a $20,000 chair lift to meet code, OR if you prefer to downzone the building to 100% residential after closing, you can pocket the difference. There are just a few other touches needed to rent the units, including installing electric meters and some appliances. The 2022 Appraisal gives a $1,150,000 valuation after the building is complete and $625,000 As-Is. This property is truly a must-see.

Property Details

Property Features

Property Information:

  • Architectural Style: Straight Thru
  • Year Built: 1915
  • Living Area: 5,999 SqFt

Listing Office:

  • Office Name: KW Empower
  • Office Phone: (215) 627-3500
  • Listing Agent: Stacy L Sanseverino

Interior Features

Interior Information:

  • Basement: Yes
  • Flooring Type: Laminate Plank, Ceramic Tile

Exterior Features

Parking Information:

  • Parking: On Street

Lot Features

Lot Information:

  • Lot Size: 0.04 Acres

Utilities

Utilities Information:

  • Heating: Central, Forced Air
  • Cooling: Central Air

Other

Directions Information:

  • Directions: 20th and Diamond

Municipality:

  • Philadelphia

Price Information

Listing Price Info

Price Summary:

  • List Price: $625,000
  • Price Per SqFt: $104/SqFt

Tax Information:

  • Annual Amount: $1,474
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Philadelphia, PA.

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Philadelphia, PA

City

Med. Sold Price

$265.3K

Med. Price/SqFt

$200

Avg. Days On Market

45

# of Sold Homes

946

1939 W Diamond St vs Philadelphia

4 DAYS ON ROCKET

-41 Days

$625,000

+$359.6K More

$104/SqFt

-$97 Less

KEY TAKEAWAY

This property is $359.6K more than the Median Sold Price and $97/SqFt less than other homes in Philadelphia, PA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: BRIGHT
  • MLS Number: #PAPH2426256

Listing Office:

  • Office Name: KW Empower
  • Office Phone: (215) 627-3500
  • Listing Agent: Stacy L Sanseverino

IDX Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which participates, and is provided by BRIGHT through a licensing agreement.

The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have sold or are no longer being offered for sale. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. This home sale information is not to be construed as an appraisal and may not be used as such for any purpose.

BRIGHT MLS is the (or a) provider of this home sale information and has compiled content from various sources. Some properties represented may not have actually sold due to reporting errors. ©2024 BrightMLS. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/17/2024, 11:55:57 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Aug 14, 2020Home Sold
$290,000
May 08, 2017Home Sold
$100,000

Tax History

YEARPROP. TAXASSESSMENT
2020$1,474 -
2019$1,447$103,400
2018$6,772$483,800
2017$6,089$435,000

History based on county public records data.

Payment Calculator

$3,187

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,940

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-4282365
2
/10

  • Kipp North Philadelphia Charter School

  • 2539 N 16th St

  • 0.59 miles

  • Public Charter Grades KG-6

school-card-donut-4282366
1
/10

  • Richard R. Wright Elementary School

  • 2700 W Dauphin St

  • 0.68 miles

  • Public District Grades KG-5

school-card-donut-4282367
1
/10

  • Thomas May Peirce Elementary School

  • 2300 W Cambria St

  • 0.87 miles

  • Public District Grades KG-6

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $12,637. Most Philadelphia, PA residents have annual incomes less than $35k. Residents typically live in single, no kids family. The most common level of education of people living in this area is high school diploma.

All data provided by Home Junction and Claritas

Rocket Homes›Pennsylvania›Philadelphia County›Philadelphia›19121›1939 W Diamond St

This home is located at 1939 W Diamond St in Philadelphia, PA and zip code 19121 in the Lower North Philadelphia neighborhood. This 5,999 square foot home, which was built in 1915, sits on a 0.04 acre lot. It has been listed on Rocket Homes since December 13, 2024 and is currently priced at $625,000.

Over 219 listings were sold over their listed price in November 2024 in Philadelphia, PA. In the same period over 523 listings were sold below the listed price and 204 listings were sold for the listed price. The number of homes for sale in Philadelphia, PA increased by 1.8% between October 2024 and November 2024. Listings spent 45 days on the market in November 2024, and had a median list price of $265,372 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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