1327 SNYDER Avenue Philadelphia, PA 19148
MULTI_FAMILY - PHILADELPHIA, PA
Property size:
2,025 SFLot size:
0.02 AcresPrice / SF:
$396/SF- Added:
- Sep 18, 2024
- Days on Market:
- 597
- Last Refresh:
- May 7 at 5:06 pm
Property Features for 1327 SNYDER Avenue
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Parking features
- On Street
- Standard status
- Active
- Size
- 2,025 SF
- Lot size
- 0.02 Acres
Taxes and HOA fees
- Tax Annual Amount
- 6391
Utilities
- Heating system
- Baseboard, Hot Water(Heating)
- Cooling system
- Central Air, Window Unit(s), Wall Unit(s)
Building Details
- Year built
- 1915
- Number of units
- 4
- Building materials
- Masonry
Listing agent Lorraine B Pappalardo License #RS200464L (215) 771-9372
Listing office Mercury Real Estate Group 1328 W Shunk Street, Philadelphia, PA (215) 462-5100
Listing date Sep 18, 2024
MLS# PAPH2397964
Listing URL
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HighLights
- Significant rental upside potential due to substantially under‑market rents.
- Located in the desirable East Passyunk submarket, a trendy hot spot with independently‑owned businesses.
- Part of a package deal with additional commercial and residential properties available.
- Easy access to public transportation, including the Broad Street train line and SEPTA.
- The property is a 5‑unit multi‑family building (5‑plex) consisting of four 1‑bedroom units and one studio unit.
- Well‑maintained building with long‑term tenants, offering flexibility for new ownership.
Overview
Philadelphia Multifamily Investment Opportunity
Located in the East Passyunk submarket of Philadelphia, this five-unit multifamily property at 1327 Snyder Avenue presents a value-add investment opportunity. The building, configured as a 5-plex, contains four one-bedroom units and one studio unit. Situated just off Passyunk Avenue, the property offers convenient access to the Broad Street train line and SEPTA services. The surrounding area is a trendy hotspot in South Philadelphia, featuring independently-owned coffee shops, dining spots, unique boutiques, and various services. FDR Park is also within walking distance. The property is part of a package that includes an additional nearby property at 1425 Jackson St., as well as two commercial buildings with apartments at 736-38 S. 8th St. (Adobe Cafe) and 763-65 S. 8th St. (Lazeez Indian Restaurant). The total package is available for acquisition. The property is offered as-is. The building has been carefully maintained, with long-term tenants. Significant rental upside exists for future ownership, as current rents are substantially under market rates. New ownership can achieve top-of-market rental rates or continue operating as is. The property occupies a lot of approximately 0.0221 acres and has a building size of 2025 square feet.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Quadplexes
Location Insight
- Map
- Local Demand
- City
- Philadelphia
- County
- Delaware
- State
- Pennsylvania
- Longitude
- -75.16855
- Latitude
- 39.92441
Nearby Similar for Sale
FAQs
What type of property is this?
Quadplex - Five-unit multifamily property near Passyunk Avenue in Philadelphia.
Where is this quadplex located?
The property is located at 1327 SNYDER Avenue Philadelphia, PA.
What is the asking price?
The asking price for this property is $803,500.
What are key features of this property?
This property features: Significant rental upside potential due to substantially under‑market rents.; Located in the desirable East Passyunk submarket, a trendy hot spot with independently‑owned businesses.; Part of a package deal with additional commercial and residential properties available.
