1935-37 W Diamond St,PHILADELPHIA, PA 19121
PHILADELPHIA, PA 19121
Description
This dual-parcel property in North Philadelphia offers a prime development opportunity with flexible building configurations. With a combined lot size of approximately 3,282 square feet, developers have two strong by-right options:Option 1 allows for the construction of two separate four-story buildings, each containing four units. Every unit would feature four bedrooms, yielding a total of eight units and 32 bedrooms across the site.Option 2 permits the development of a single, four-story building with eight units, each also offering four bedrooms-providing a total of 32 beds under one roof.Both options maximize the allowable building footprint and rental potential, making the property ideal for student housing, shared living arrangements, or families seeking modern, spacious accommodations.Located just minutes from Temple University, public transportation, and major access routes, the site is situated in one of the city's most active redevelopment zones. Surrounded by ongoing new construction, renovations, and a rising rental demand, this project is poised for long-term success and strong returns.Whether you're a seasoned developer or an investor seeking scale and sustainability, this shovel-ready opportunity presents a standout residential project in a thriving Philadelphia neighborhood. APPROVED PLANS ARE AVAILABLE!
Details
| MLS # | PAPH2645044 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active-bright |
| Days On Site | 98 |
| Listing Provided By | BMB Living, Inc. | Marvis Burns |
Features
| Zoning | 0 |
|---|---|
| Acreage | 0.08 |
Parking
| Garage Yes / No | No |
|---|
Taxes
| Tax Annual Amount | 1332 |
|---|
Area Information
| State | PA |
|---|---|
| County | PHILADELPHIA PA |
| City | PHILADELPHIA |
| Zip Code | 19121 |
| Area | 19121 (19121) |
| Community Name | TEMPLE UNIVERSITY |
| School District | THE SCHOOL DISTRICT OF PHILADELP |
| Listing VS Median (in TEMPLE UNIVERSITY) | |
Price: $375,000 low | high Med: $199,938 On site: 98 low | high Med: 23 | |
Market Activity 19121
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Learn More About This Property
| State | PA |
|---|---|
| County | PHILADELPHIA PA |
| City | PHILADELPHIA |
| Zip Code | 19121 |
| Area | 19121 (19121) |
| Community Name | TEMPLE UNIVERSITY |
| School District | THE SCHOOL DISTRICT OF PHILADELP |
| Listing VS Median (in TEMPLE UNIVERSITY) | |
Price: $375,000 low | high Med: $199,938 On site: 98 low | high Med: 23 | |
