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Nicole Peranteau

nicole@realestatemvpteam.com +1(609) 617-6999

$ 575,000

Est. payment -/mo

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Price Dropped by $24K

358 SNYDER AVE Philadelphia, PA 19148

2,604 SqFt

UPDATED:

09/23/2024 04:27 PM

Key Details

Property Type Multi-Family, Townhouse

Sub Type Interior Row/Townhouse

Listing Status Active

Purchase Type For Sale

Square Footage 2,604 sqft

Price per Sqft $220

Subdivision Pennsport

MLS Listing ID PAPH2325660

Style Other

Abv Grd Liv Area 2,604

Originating Board BRIGHT

Year Built 1905

Annual Tax Amount $4,318

Tax Year 2024

Lot Size 1,158 Sqft

Acres 0.03

Lot Dimensions 16.00 x 72.00

Property Description

Sat along the border of Philly's booming Pennsport and Whitman neighborhoods, 358 Snyder Ave is a fully occupied, mixed-use property offering a fantastic investment opportunity in a prime location. Zoned RSA5 with use variance for a bar/restaurant, the building has a street-level commercial space and two 3-bed, 1-bath apartments on the upper floors. The commercial space is leased by a sushi restaurant for $2,650/month through 2030. It features a front prep area and cash wrap, a rear dining area, storage, and a restroom on the main level, along with a fully functioning professional kitchen and refrigerator walk-ins on the lower level. The space is also fitted with a high-efficiency commercial heating and an a/c system. The two apartments are currently leased as a bundle for a total of $1,500 on a month-to-month basis. Each has 3 bedrooms, 1 bathroom, a full kitchen, and separately metered all-electric appliances. The units could rent for $1,300/month individually in their current condition or capture a higher price with renovations. 358 Snyder Ave's central location is surrounded by business corridors and new construction, earning a Walk Score of 93! Snyder Ave is a neighborhood hub home to many local businesses while intersecting E Moyamensing Ave is lined with popular restaurants and shops. Sprawling parks that host community events and farmer's markets are nearby, plus Target, ACME, Lowe's, and IKEA are less than a 5-minute drive. There's also easy access to public transit, the sports complex, Columbus Blvd, I-95, I-76, and South Jersey. Schedule your showing today!

Location

State PA

County Philadelphia

Area 19148 (19148)

Zoning RSA5

Rooms

Basement Improved

Interior

Hot Water Natural Gas

Heating Forced Air, Baseboard - Electric

Cooling Central A/C

Fireplace N

Heat Source Electric

Exterior

Waterfront N

Water Access N

Accessibility None

Parking Type None

Garage N

Building

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 871602295

Ownership Fee Simple

SqFt Source Assessor

Special Listing Condition Standard

Listed by Katherine McCann • KW Empower

Nicole Peranteau

Agent | License ID: 0790242

+1(609) 617-6999

Nicole Peranteau

358 SNYDER AVE Philadelphia, PA 19148

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

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358 SNYDER AVE