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1327 Snyder Ave
For Sale $899,000 ($443.95 per Sq Ft)
$899,000 ($443.95 per Sq Ft)
- 4 Units
- 2,025 Sq Ft
- 964 Sq Ft
- Unknown Cap Rate
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.
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Amenities
Garage
Pool
Garden
Security System
Internet
Telephone
Heating
Fireplace
Balcony & Patio
TV / Cable
Laundry
Hardwood Floors
Spa
Air Conditioning
Solar Power
Floor Plan
Great Views
Natural Light
Quiet
Water View
Elevator
Guest Unit(s)
Furnished
220 Volt
Property Details
| List Price | $899,000 |
| Property Type | Other |
| Usable Sqft | 2,025 |
| Number of Stories | 0 stories |
| Parking Spots | 0 spots |
| Year Built | 1915 |
| Last Sold | Unknown |
| Sold Price | Unknown |
| APN # | 394275300 |
| MLS # | PAPH2397964 |
| Property ID | 320857876 |
| Lot Sqft | 964 |
| Zoning | CMX2 |
| Total Units | 4 |
| Days on Market | 76 |
| Original List Price | Unknown |
| Date Updated | November 08, 2024 |
| Date Created | September 17, 2024 |
Financials not available online. Please inquire with your agent for more details.
Listing Provided By
Lorraine B Pappalardo an agent of . Lic #RS200464L
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Data last updated: December 02, 2024.
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