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Listed by Marvis Burns • BMB Living, Inc.
$200,000
Est. payment /mo
1,640 Sqft Lot
Active
1935-37 W DIAMOND ST Philadelphia, PA 19121
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Key Details
Property Type Vacant Land
Sub Type Land
Listing Status Active
Purchase Type For Sale
Subdivision Temple University
MLS Listing ID PAPH2572614
HOA Y/N N
Annual Tax Amount $2,206
Tax Year 2016
Lot Size 1,640 Sqft
Acres 0.04
Property Sub-Type Land
Source BRIGHT
Property Description
This property represents one half of a dual-parcel development opportunity in North Philadelphia, offering flexibility for builders and investors. The individual lot allows for strong by-right development potential, while also presenting the option to acquire the adjacent parcel to expand the project.
As a standalone parcel, the site supports the construction of a four-story residential building with four units, each designed with four bedrooms—ideal for maximizing rental income and efficient layouts. For buyers seeking additional scale, purchasing both parcels together would allow for a larger development footprint, with the potential to construct either two separate four-story buildings or a single expanded structure totaling eight units and 32 bedrooms.
Located just minutes from Temple University, public transportation, and major access routes, the property sits in one of Philadelphia's most active redevelopment areas. Surrounded by new construction, renovations, and increasing rental demand, this site is well-positioned for long-term growth and strong returns.
Whether developed individually or as part of a larger assemblage, this shovel-ready opportunity offers a compelling residential project in a rapidly appreciating North Philadelphia neighborhood.
As a standalone parcel, the site supports the construction of a four-story residential building with four units, each designed with four bedrooms—ideal for maximizing rental income and efficient layouts. For buyers seeking additional scale, purchasing both parcels together would allow for a larger development footprint, with the potential to construct either two separate four-story buildings or a single expanded structure totaling eight units and 32 bedrooms.
Located just minutes from Temple University, public transportation, and major access routes, the property sits in one of Philadelphia's most active redevelopment areas. Surrounded by new construction, renovations, and increasing rental demand, this site is well-positioned for long-term growth and strong returns.
Whether developed individually or as part of a larger assemblage, this shovel-ready opportunity offers a compelling residential project in a rapidly appreciating North Philadelphia neighborhood.
Location
State PA
County Philadelphia
Area 19121 (19121)
Zoning CMX2
Exterior
Water Access N
Garage N
Building
Sewer Public Sewer
Water Public
Schools
School District The School District Of Philadelphia
Others
Tax ID 321187400
Ownership Fee Simple
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash,Conventional
Special Listing Condition Standard

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