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 rnovations. 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!

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on 358 Snyder Ave
in Philadelphia, PA
Presented by Katherine Mccann at
KW Empower.


Property MLS #PAPH2325660 from BrightMLS

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+ Bedrooms

Bedrooms: 6

+ Interior Features

Basement

+ Heating and Cooling

Cooling Features: Central A/C
Heating Features: Forced Air, Baseboard - Electric
Heating: Yes

+ Bathrooms

Full Bathrooms: 2
1/2 Bathrooms: 2

+ Land Info

Lot Size Acres: 0.026584
Lot Size Square Feet: 1157

+ Multi-Unit Info

Number of Units: 3
Number of 3 Bedroom Units: 2
Bedrooms in Unit-2: 3
Bedrooms in Unit-3: 3
Full Bathrooms in Unit-2: 1
Full Bathrooms in Unit-3: 1
Half Bathrooms in Unit-1: 2

+ School Information

School District: PHILADELPHIA CITY
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Furness Horace High School is a public high school located approximately 0.2 miles away.
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Sharswood George School is a public elementary and middle school located approximately 0.2 miles away.
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Word Alive Learning Center is a private elementary school located approximately 0.3 miles away.
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+ Other Property Info

Annual Tax Amount: 4318.0
Source Listing Status: Active
County: PHILADELPHIA
Source Property Type: Multi-Family
Area: PHILADELPHIA
Source Neighborhood: PENNSPORT
Postal Code Plus 4: 2651
Subdivision: PENNSPORT
Township: PHILADELPHIA
Property Subtype: Triplex
Source System Name: C2C
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Price Changed 2024-06-03
$599,000
BrightMLS

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Price Changed 2024-04-29
$613,000
BrightMLS

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Price Changed 2024-04-08
$628,000
BrightMLS

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Price Changed 2024-03-08
$660,000
BrightMLS

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Listed 2024-02-26
$680,000
BrightMLS

+ Building and Construction

Total Square Feet Living: 2604
Year Built: 1905
Construction Materials: Masonry
Property Age: 119
Structure Type: Interior Row/Townhouse
Architectural Style: Interior Row/Townhouse