Price Reduction
Listed By:
KW Empower
Address
358 Snyder Avenue, Philadelphia, PA
Price
$ 613,000
Property Attributes
  • MLS#PAPH2325660
  • TypeMulti-Family
  • CountyPHILADELPHIA
  • CityPhiladelphia
  • Area19148
  • NeighborhoodPennsport
  • Zip19148
  • Style
  • Year Built1905
  • Taxes$ 4318
  • Price$ 613,000
  • Bedrooms6
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size1,307 SqFt
Data Source:
Bright MLS
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!

Price History
2/26/2024 Listed $680,000
3/8/2024 3% - $660,000
4/8/2024 5% - $628,000
4/29/2024 3% - $613,000

General Features

Sewer Public Sewer
Heating Forced Air,Baseboard - Electric
Cooling Central A/C
Possession Settlement
Zoning RSA5
Pool Y/N No Pool
Architectural Style Other
Construction Materials Masonry
Year Built 1905
Property SubType Triplex
Tax Year 2023
Percent Ownership Fee Simple
Cool Fuel Electric
Accessibility None
County PHILADELPHIA
New Construction No
Property Type Multi-Family
Subdivision Name PENNSPORT
Garage Y/N No
Water Access Y/N No
Other Structures Above Grade,Below Grade
Status ACTIVE
Directions Right off of 4th and Snyder.
ModificationTimestamp 2024-04-29T16:05:31
City PHILADELPHIA
Buyer Agent Compensation 2.5
Total Units 3
MLS Area 19148 (19148)
Lot Size Square Feet 1158.00
Tax Assessed Value 308500.0
Waterfront Y/N No
Street Name SNYDER
Tax Annual Amount 4318.0
Structure Type Interior Row/Townhouse
Single Room Units Count 1
Other Units Unit 1,Unit 2,Unit 3
Price Per Sq Ft 235.41
Vacation Rental Y/N No
Total SQFT 2604
Days on Market 65
Standard Status Active
Year Built Source Assessor
Buyer Agent Compensation Type % Of Gross

Interior Features

Heating Fuel Electric
Basement Improved
Hot Water Natural Gas
Basement (Y/N) Yes
Heating Y/N Yes
Fireplace Y/N No
Street Suffix AVENUE
Central Air Y/N Yes
LivingAreaSource Assessor
Three Bedroom Units Count 2

Exterior Features

Water Source Public
Type of Parking None
Land Use Code S50
Foundation Details Brick/Mortar
Water View Y/N No
Lot Dimensions 16.00 x 72.00
Lot Size Acres 0.03
Lot Size Units Square Feet
Lot Size Source Assessor
Land Assessed Value 61700.00
Navigable Water Y/N No
Water Oriented Y/N No
LotDimensionsSource Assessor

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Multi-Family Average in 19148

Price
AVG $540K
$610K
Taxes
AVG $4,235
$4,318
Visits
AVG 291
189
Data Provided by Inside Real Estate®
Year Built
AVG 1927
1905

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