Property

Philadelphia, PA 19148 1327 Snyder Avenue

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Presented By: Mercury Real Estate Group
  • MLS# PAPH2397964
  • 09/17/2024
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  • Beds • 4

Home Details

Part of package, additional property nearby available - 1425 Jackson St. . As-is. 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. The other building coming online is 1425 Jackson St. which is within 2 blocks of this property. The package price for both buildings is at $1,593,000.
Presented By: Mercury Real Estate Group

Interior Features for 1327 Snyder Avenue

Bedrooms

Three Bedroom Units Count

Other Interior Features

LivingAreaSourceEstimated
Central Air Y/NYes
Heating FuelNatural Gas
Heating Y/NYes
Hot WaterNatural Gas

General for 1327 Snyder Avenue

AccessibilityNone
Architectural StyleOther
CityPHILADELPHIA
Construction MaterialsMasonry
Cool FuelNatural Gas
CoolingCentral A/C, Window Unit(s), Wall Unit
CountyPHILADELPHIA
Days on Market1
DirectionsOn the corner of Snyder Ave. & Juniper St.
Garage Y/NNo
HeatingBaseboard - Hot Water
Location TypeUrban
Lot Size Square Feet964.00
Lot Size UnitsSquare Feet
MLS Area19148 (19148)
ModificationTimestamp2024-09-18T20:23:02
MunicipalityPHILADELPHIA
New ConstructionNo
NumberOfUnitsTotal4
One Bedroom Units Count4
Other StructuresAbove Grade, Below Grade
Percent OwnershipFee Simple
Possession31-60 Days CD
Price Per Sq Ft Total AG443.95
Property SubTypeOther
Property TypeMulti-Family
School DistrictTHE SCHOOL DISTRICT OF PHILADELPHIA
SewerPublic Sewer
Single Room Units Count1
Standard StatusActive
StatusACTIVE
Structure TypeEnd of Row/Townhouse
Subdivision NamePHILADELPHIA (SOUTH)
Tax Annual Amount6391.0
Tax Assessed Value456600.0
Tax Lot95
Tax Year2023
Total SQFT2025
Two Bedroom0
Vacation Rental Y/NNo
Water Access Y/NNo
Waterfront Y/NNo
Year Built1915
Year Built SourceEstimated
ZoningCMX2

Exterior for 1327 Snyder Avenue

Foundation DetailsBrick/Mortar
Land Assessed Value91320.00
Land Use CodeU50
Lot FeaturesCorner
Lot Size Acres0.02
Lot Size SourceEstimated
Navigable Water Y/NNo
PoolNo Pool
Type of ParkingOn Street
Water Oriented Y/NNo
Water SourcePublic
Water View Y/NNo

Additional Details

Price History

Chris Correira

Loan Officer
Price $899,000
MLS#PAPH2397964
List Date 09/17/2024
Property Type Multi-Family
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