2845 W Diamond Street, Philadelphia, PA 19121

Property Description

Location Location Location! At the intersection of Strawberry Mansion and Brewerytown, 2845 West Diamond Street is a meticulously upgraded 2022 mixed use masterpiece. This fully stabilized corner property, comprising 3 luxury residential units & 1 prime bi-level commercial anchor delivers exceptional positive cash flow while offering a level of build quality rarely seen in new construction these days. Approved 10 Year Tax Abatement & designed for the long term owner, the building features open cell foam insulation in the walls for superior soundproofing and climate control thermal insulation, while the roof is sealed with premium closed cell foam to heighten the energy efficiency. The commercial spaces are equally thoughtful with dedicated ERV (energy recovery ventilation) systems for high quality air exchange. A handicap accessible ramp for the primary space and a dedicated separate entrance (for the secondary unit) ensures a professional and versatile environment for the top tier commercial tenants. Management is made effortless through a suite of modern technologies including a comprehensive network of remotely accessible security cameras covering the exterior and commercial interiors. This high performance infrastructure translates to lower operating expenses and high tenant satisfaction. Residential tenants enjoy luxury finishes like quartz countertops, stainless steel appliances, in unit laundry, hardwood floors, tiled bathrooms & private / massive roof deck. All of this within a smart building designed for long term investment & security. The immediate area is a playground for outdoor enthusiasts featuring the Strawberry Mansion Driving Range, Smith Memorial Playground, Boxers Trail and the historic Dell Music Center, a premier open-air amphitheater known for its legendary summer concert series. Beyond the local flavor, this building's connectivity is unmatched. It is located less than two miles from Temple University Main Campus and University City, home to Drexel and UPenn. Commuters will find 30th Street Station just a short 10 minute drive away, providing seamless access to Amtrak and Regional Rail, while the nearby Schuylkill Expressway makes travel to the Main Line and Western Suburbs incredibly convenient. The location serves as a gateway to the best of Philadelphia natural and metropolitan amenities as well. Residents are blocks away from the 2,000 acre Fairmount Park with the scenic waterfront of Kelly Drive just moments away, a world class recreational loop for rowing, jogging, and cycling that connects directly to the Schuylkill River Trail (SRT) connecting the City of Philadelphia from South Street / University City (UPenn, CHOP, Drexel, 30th St Station) to Boathouse Row & the Philadelphia Museum of Art (1.2 miles) to East Falls (5.2 miles) & Manyunk, to Valley Forge National Park (26 miles), to Redding (60 miles) and beyond to Pottsville PA with a total of 120 miles of trails.This is a rare turnkey opportunity to own a meticulously maintained, highly upgraded asset in the city most sought after expansion corridor making this a high performance asset and future proof investment in Philadelphia most connected hub.

Property Features

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