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Listed by Alex Charen • Mallin Panchelli Nadel Realty Inc
$749,000
Est. payment /mo
2,192 Sqft Lot
UPDATED:
Key Details
Property Type Commercial
Sub Type Five Or More Units
Listing Status Active
Purchase Type For Sale
Subdivision Strawberry Mansion
MLS Listing ID PAPH2655778
Year Built 1915
Annual Tax Amount $1,207
Tax Year 2026
Lot Size 2,192 Sqft
Acres 0.05
Lot Dimensions 22.00 x 98.00
Property Sub-Type Five Or More Units
Source BRIGHT
Property Description
MPN Realty, Inc., is proud to present the exclusive sale of 3228 Diamond Street, a 4,572 SF multifamily property located in the Strawberry Mansion neighborhood of Philadelphia. This building consists of five (5) residential units, including three (3) 3-bedroom/1.5-bath units, one (1) 1-bedroom/1-bath unit, and one (1) bi-level studio, and is properly licensed for all five (5) units. The property was previously operated as an Airbnb, and the units feature finer finishes uncommon to the surrounding market, distinguishing the offering from comparable multifamily product in the area. One of the 3-bedroom units is currently vacant, presenting a unique opportunity for an owner-occupant, while the remaining units offer upside through future rent increases to strengthen overall NOI. Situated in a rapidly developing area with close proximity to Fairmount Park and Center City, Strawberry Mansion continues to see increased investor interest driven by strong rental demand and neighborhood growth.
Location
State PA
County Philadelphia
Area 19121 (19121)
Zoning RM1
Interior
Hot Water Other
Heating Other
Cooling Central A/C
Flooring Luxury Vinyl Tile, Hardwood
Heat Source Other
Exterior
Water Access N
Roof Type Flat
Accessibility None
Garage N
Building
Foundation Stone, Other
Sewer Other
Water Other
New Construction N
Schools
School District Philadelphia City
Others
Tax ID 323123000
Ownership Fee Simple
Special Listing Condition Standard
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Nearby School & Business
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