Renovated Duplex with Finished
New
For Sale
$549,900
1714 SNYDER AVENUE, Philadelphia, PA 19145
Two separate residences feature updated kitchens, central air, and distinct utility services.
Property Size2,208 SF
Days on Market3
Property Features for 1714 SNYDER AVENUE
General Information
Standard status
Active
Size
2,208 SF
Property subtype
Duplex
Units
Unit Mix
1 x 2BR/1BA, 1 x 3BR/1.5BA
Multifamily Units
2
Additional Details
Cap Rate
7%
Taxes and HOA fees
Annual Taxes
$5,324
Amenities
fenced yard
finished basement
laundry
roof access
Building Details
Building Size
2,208 SF
Year Built
1920
Year Renovated
2023
Buildings
1
Stories
3
Listing Agency:
RE/MAX Access
Listed By:
Chuong Van Tran · License #AB066680
(215) 519-5057
Source:
Patmckennarealtors
Added: Oct 8
Changed: Oct 10
Last Checked: Oct 10 at 2:32AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of RE/MAX Access
Investment Insights
Based on property information with market context.
This duplex was renovated in 2023 and contains two residences. The first-floor unit has two bedrooms, a finished basement with three separated rooms, and a rear exit to a fenced yard. Its kitchen includes quartz counters and stainless steel appliances, while the unit also has laundry and central air. The upper residence spans the second and third floors and measures approximately 1,000 square feet. It offers three bedrooms, a Jack-and-Jill bathroom, a powder room, and roof access. Both kitchens have quartz counters and stainless steel appliances; the upper kitchen also includes a gas range.
Updates include windows, doors, flooring, plumbing, electrical, and HVAC. The property has separate utilities and newer electric hot water heaters. The first-floor unit is rented, while the upper unit is vacant. The listing reports an approximately 7.00% cap rate.
Updates include windows, doors, flooring, plumbing, electrical, and HVAC. The property has separate utilities and newer electric hot water heaters. The first-floor unit is rented, while the upper unit is vacant. The listing reports an approximately 7.00% cap rate.
Key Highlights
- Renovated in 2023; updates include plumbing, electrical, HVAC, windows, doors, and flooring
- Two residences with separate utilities
- First‑floor unit has 2 bedrooms and a finished basement divided into 3 rooms
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$37,679
Cap Rate
6.85%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$753,580
$753.6K
Cap Rate 7%
$538,271
$538.3K
Cap Rate 9%
$418,656
$418.7K
Market Conditions
NOI Build-Up for 2,208 SF
Gross rent
$57.0K $25.80/SF
− Vacancy
−$3.1K −$1.42/SF
EGI
$53.8K $24.38/SF
− OpEx
−$16.1K −$7.31/SF
NOI
$37.7K $17.06/SF
Area
Philadelphia, PA
Vacancy
5.51%
Lease Rate
$25.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$753,580
Cap Rate 7%
$538,271
Cap Rate 9%
$418,656
Alternative Uses
Best Use
Multifamily LT 5
$538.3K
$471.0K – $628.0K
NOI $37,679 @ 7.0% cap · market cap 6.85%
Second Best
Apartment 5plus
$496.2K
$434.1K – $578.9K
NOI $34,731 @ 7.0% cap · market cap 6.32%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
3,570
Businesses Nearby
Explore this area
Business Placement
Demographics for 19145, PA
47,079
Population
21,295
Households
2.2
Avg Household Size
38
Median Age
36%
College-Educated
89%
High-School Grad
4.8 sq mi
ZIP Area
9,808
Density / Sq Mi
$70,374
Median Household Income
$45,940
Median Earnings
$1,343
Median Rent
$290,100
Median Home Value
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Market
Vacancy Rate% for Multifamily in Northeast region
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Frequently Asked Questions
What type of property is this?
Duplex - Two separate residences feature updated kitchens, central air, and distinct utility services.
Where is this duplex located?
The property is located at 1714 SNYDER AVENUE Philadelphia, PA.
What is the asking price?
The asking price for this property is $549,900.
What are key features of this property?
This property features: Renovated in 2023; updates include plumbing, electrical, HVAC, windows, doors, and flooring; Two residences with separate utilities; First‑floor unit has 2 bedrooms and a finished basement divided into 3 rooms
