1714 Snyder Ave, Philadelphia, PA 19145
Duplex featuring a finished basement, separate utilities, newer HVAC with central air, and a bi-level second-floor unit.
Property Features for 1714 Snyder Ave
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Based on property information with market context.
Downstairs, the finished basement includes luxury vinyl flooring, recessed lights, a laundry area with a new washer/dryer, and a separation of space into three rooms for storage/utilities and two large recreation rooms. The home features newer HVAC and central air, newer electric hot water heaters, and separated utilities.
The second floor presents a large bi-level unit (approximately 1,000 SF) with a living area, an exposed brick wall area, a new kitchen with quartz countertops and a stainless steel appliance package, a tiled jack-and-jill style bathroom area, and in-unit stacked washer/dryer. The third floor adds a powder room plus two additional bedrooms, and provides roof access with two roof access views. The unit is currently rented with lease up on 8/31/26, and the listing cites an approximate 7.00% cap rate.
Key Highlights
- Completely rehabbed in 2023 duplex across three levels plus a finished basement
- Newer HVAC with central air, newer electric hot water heaters, and separated utilities
- Finished basement with laundry area and three‑room layout for storage/utilities and two recreation rooms
Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $57.0k | $25.80 |
| − Vacancy | −$3.1k | −$1.42 |
| EGI | $53.8k | $24.38 |
| − OpEx | −$16.1k | −$7.31 |
| NOI | $37.7k | $17.06 |
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Vacancy Rate% for Multifamily in Northeast region