Active
1327 Snyder Ave
Philadelphia PA, 19148
$899,000
$443.95 per sqft
Active
4 Beds
2,025 sqft
Residential
Built in 1915
Part of package, additional property nearby available - 1425 Jackson St.., 2 Commercial Bldgs. at 736-38 S. 8th St. (Adobe Cafe) and 763-65 S. 8th St. (Lazeez Indian Restuarant) with apartments. Total package
can be acquired.
1327 Snyder is a 5-plex (5 units) in the East Passyunk submarket of Philadelphia. This value-add multi-family building is situated just off Passyunk Ave. with easy access to the broad street train line and SEPTA. Walk 1 block to Passyunk Avenue which is a trendy hot spot in South Philadelphia. There are an abundance of independently-owned businesses - from coffee shops, dining spots, to unique boutiques, and services. FDR park is a nice walk on a lovely day. The Property consists of four (4) one-bed units and one (1) studio unit. Rents are substantially under market and major rental upside exists for future ownership. Interested parties may inquire about financials. Offered as-is. The subject property is also available as well as another extremely well-maintained apartment building offered by the same Ownership, This is an acquisition opportunity to purchase high-performing multifamily assets with 20% rental upside based on pro forma rents in the submarket(s). Ownership has carefully leased and maintained each building over its tenure. and has long term tenants. New Ownership can achieve top-of-market rental rates or continue operating.
PAPH2397964
MLSⓇ ID
September 18, 2024
Listed
February 28, 2025
Updated
Interior Features
Bedrooms
4
Fireplace
No
Cooling
Yes
Cooling Description
Central Air, Window Unit(s)
Heating
Yes
Heating Description
Baseboard, Hot Water, Natural Gas
Exterior/Building Features
Lot Size
0.02 Acres
Lot Features
Corner Lot
Architectural Style
Other
Sewer
Public Sewer
School Information
School District
THE SCHOOL DISTRICT OF PHILADELPHIA
Other Property Details
Area Name
PHILADELPHIA
Taxes
$6,391
Tax Frequency
Annually
Days on Market
162
Garage
No
Parking
On Street
View
No
County
PHILADELPHIA
Water Source
Public
Pool
No
Listing History
Date | Event | Price |
---|---|---|
9/19/2024 | Active | — |
Listed by Mercury Real Estate Group
Listing Contact: 2157719372
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Data last updated on 2/28/2025 at 8:14 PM UTC