Listing Courtesy Of:
Mercury Real Estate Group, 2154625100, Lorraine Pappalardo
Local Realty Services Provided By:
KW Empower
Overview
What It'll Cost
Neighborhood
Similar Homes
$899,000
1327 SNYDER AVE, PHILADELPHIA, PA 19148
2,025
sq ft
.02
ac
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$899,000
1327 SNYDER AVE, PHILADELPHIA, PA 19148
Estimation provided by Keller Williams Realty Inc.
2,025
sq ft
.02
ac
Active
For Sale
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 packagecan 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.
Assessed Value is a combination of the land and additions.
2023
$6,391
(+4.49%)
$456,600
Land 91,320 +
Additions 365,280
2022
$6,117
$437,000
Land 100,072 +
Additions 336,928
2021
$6,117
$437,000
Land 100,072 +
Additions 336,928
2020
$6,117
(+8.36%)
$437,000
Land 100,072 +
Additions 336,928
2019
$5,645
(+37.74%)
$403,300
Land 92,355 +
Additions 310,945
2018
$4,099
$292,800
Land 67,051 +
Additions 225,749
The Property History data displayed is obtained from public records and/or MLS feeds from the local jurisdiction in which the applicable property is located. As kw.com cannot guarantee that all public records and MLS data is accurate and error-free, it is important that you contact your agent directly in order to obtain the most up-to-date information available.
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