PA > Philadelphia > Pennsport
Philadelphia, PA 19148,358 SNYDER AVE
Philadelphia, PA 19148,358 SNYDER AVE
Philadelphia, PA 19148,358 SNYDER AVE
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Simone Velvel

Simone Velvel

+1(703) 507-7614
$575,000
Est. payment /mo
2,604 SqFt
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UPDATED:

11/18/2024 02:50 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

Water Access N

Accessibility 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

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Bright MLS (BMLS)
Listed by Katherine McCann • KW Empower
agent-avatar

"Simone's passion for real estate and her love for "The DMV" are a perfect match. She has made it her mission to help local residents sell their homes quickly and at the best possible prices. Equally, she takes immense pride in assisting homebuyers in finding their perfect piece of paradise in DC, Maryland and Virginia. "

+1(703) 507-7614

simone@thevelvelgroup.com

11003 Glueck Lane, Kensington, Maryland, 20895, USA

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