1327 SNYDER AVE Active

Philadelphia,PA 19148

$ 899000

- Bed

- Bath

2025 SqFt


Key Details

Property Type Multi-Family, Townhouse

Sub Type End of Row/Townhouse

Listing Status Active

Purchase Type For Sale

Square Footage 2,025 sqft

Price per Sqft $443

Subdivision Philadelphia (South)

MLS Listing ID PAPH2397964

Style Other

Abv Grd Liv Area 2,025

Originating Board BRIGHT

Year Built 1915

Annual Tax Amount $6,391

Tax Year 2023

Lot Size 964 Sqft

Acres 0.02

Property Description

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.

Location

State PA

County Philadelphia

Area 19148 (19148)

Zoning CMX2

Interior

Hot Water Natural Gas

Heating Baseboard - Hot Water

Cooling Central A/C,Window Unit(s),Wall Unit

Heat Source Natural Gas

Exterior

Waterfront N

Water Access N

Accessibility None

Parking Type On Street

Garage N

Building

Lot Description Corner

Foundation Brick/Mortar

Sewer Public Sewer

Water Public

Architectural Style Other

Additional Building Above Grade,Below Grade

New Construction N

Schools

School District The School District Of Philadelphia

Others

Tax ID 394275300

Ownership Fee Simple

SqFt Source Estimated

Special Listing Condition Standard

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