432 Diamond St, Philadelphia, PA 19122

Property Description

NEW PRICE! Massive value-add opportunity at 432 Diamond St! Just price-dropped to $315,000 by motivated seller. Come check out this red stone beauty at our UPCOMING OPEN HOUSE: Sunday, Sept 27th from 12:00 PM – 3:00 PM. DREAM HOME OR SAVVY HOUSE-HACK: Incredible residential versatility! This expansive 3-story property flows perfectly as a grand single-family residence, but is currently configured as a duplex—creating the ultimate live-in investment opportunity. Live in one unit and let your tenant pay your mortgage, or effortlessly transition the space into a massive private residence! Location is everything! New construction has officially broken ground right next door, guaranteeing immediate equity injection and strong future values for this block. Enjoy an unbeatable transit location with rapid access to I-95 and nearby SEPTA lines for an effortless commute. THE SPACE: Spanning a full basement plus 3 full floors of impressive living space. The first two floors feature multi-room layouts with dedicated living areas and kitchens (the second floor is turn-key!). Floor 3 offers a flexible, open-concept layout with a bathroom and external sink setup—ideal for a luxurious full-floor primary suite or extended living space. The first floor just needs light cosmetic completions to be fully finished. While perfect for a residential buyer or house-hacker, the property is zoned RM1 with blueprints for a rooftop expansion uploaded in the MLS documents, offering legal triplex conversion flexibility down the line. Bring your vision and unlock this property's true potential! Don't miss out on this incredible value. Cross-listed as Multi-Family under MLS# PAPH2659578.