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sales rep | Brivity IDX

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1935 1935-37 W Diamond St , Philadelphia, PA 19121
$375,000
Est. Payment: $2,025.81/mo
0.08 Acres
Status: active | Days on site: 5
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House 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!

Highlights

Listed by Marvis Burns , 2673687260 BMB Living, Inc. , 2674632428. Bright MLS

Property Type

Vacant Land

Lot/Acreage
0.08

County

Philadelphia

Area

19121 (19121)

Neighborhood

Temple University

School District

The School District Of Philadelphia

Listing ID

PAPH2684574

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Interior Features

Water:Public

Exterior Features

Lot:Not New Construction,Horse Property: No
Zoning:0
Sewer:Public Sewer
Principal Interest
$2,026
Taxes
$111

Home Price

$375,000

Loan Details

30 yrs
7.148%

Down Payment

20%
$75,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$2,025.81

Principal

Taxes

Principal Taxes HOA Total
Monthly $2,025.81 $111.00 $0.00 $2,136.81
Yearly $24,309.78 $1,332.00 $0.00 $25,641.78
Total $729,293.37 $39,960.00 $0.00 $769,253.37
Lender profile image
Chico Gordy
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Market insight data is pulled from the same city as the listing being viewed (Philadelphia, PA).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Information provided by Bright MLS, and is deemed reliable but not guaranteed accurate.

IDX service by Blueroof 360

Data last updated: 2026-11-14T11:13:36.000Z

© 2026 Bright MLS