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358 Snyder Ave
For Sale $575,000
$575,000
- 3 Units
- Unknown Sq Ft
- 1,158 Sq Ft
- Unknown Cap Rate
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!
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Amenities
Garage
Pool
Garden
Security System
Internet
Telephone
Heating
Fireplace
Balcony & Patio
TV / Cable
Laundry
Hardwood Floors
Spa
Air Conditioning
Solar Power
Floor Plan
Great Views
Natural Light
Quiet
Water View
Elevator
Guest Unit(s)
Furnished
220 Volt
Property Details
| List Price | $575,000 |
| Property Type | Flex Space |
| Usable Sqft | Unknown |
| Number of Stories | 0 stories |
| Parking Spots | 0 spots |
| Year Built | 1905 |
| Last Sold | Unknown |
| Sold Price | Unknown |
| APN # | 871602295 |
| MLS # | PAPH2325696 |
| Property ID | 295390769 |
| Lot Sqft | 1,158 |
| Zoning | RSA5 |
| Total Units | 3 |
| Days on Market | 281 |
| Original List Price | Unknown |
| Date Updated | November 18, 2024 |
| Date Created | February 25, 2024 |
Financials not available online. Please inquire with your agent for more details.
Listing Provided By
Katherine McCann an agent of . Lic #RS335560
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Data last updated: December 02, 2024.
Robert Crawford
REAL ESTATE AGENT