Philadelphia, PA 19145,2323-25 MIFFLIN ST
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Philadelphia, PA 19145,2323-25 MIFFLIN ST
Philadelphia, PA 19145,2323-25 MIFFLIN ST
Philadelphia, PA 19145,2323-25 MIFFLIN ST
Philadelphia, PA 19145,2323-25 MIFFLIN ST
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2323-25 MIFFLIN ST Philadelphia, PA 19145

2,632 SqFt


UPDATED:

Key Details

Property Type Townhouse

Sub Type End of Row/Townhouse

Listing Status Active

Purchase Type For Sale

Square Footage 2,632 sqft

Price per Sqft $151

MLS Listing ID PAPH2463154

Style Traditional

Abv Grd Liv Area 2,632

Originating Board BRIGHT

Year Built 1920

Annual Tax Amount $3,638

Tax Year 2024

Lot Size 1,612 Sqft

Acres 0.04

Lot Dimensions 41.51 X 72.57 X 8.06 X 65.00

Property Sub-Type End of Row/Townhouse

Property Description

Completely Renovated in 2022, this 3-unit mixed-use property generates significant cash flow, complete with almost 9 Years Remaining of TAX ABATEMENT running through 12/31/33. For additional information, please inquire for the Marketing Packet!
The property sits on an impressive lot with street frontage of over 72 feet along Passyunk Ave and 41 feet along Mifflin St. The large, uniquely shaped lot allows for exceptional layouts for both the commercial and apartment units.
Located in one of the most desirable neighborhoods in the city, nestled between Point Breeze and West Passyunk, this area is poised for major appreciation. The location is fantastic, offering incredible potential for long-term growth.
The property is fully occupied with excellent tenants, featuring a highly functional unit mix. Unit 1 is a large commercial space currently leased by Z&M Social Events, a business specializing in baby showers, birthday parties, and religious gatherings. The space also includes a large basement, perfect for all storage needs. Units 2 and 3 are well-designed 1-bedroom, 1-bathroom apartments, each equipped with central air.
The price, size, and condition of the property attract high-quality tenants from various backgrounds, making it an ideal investment. This property also presents an excellent opportunity for business owners, as the commercial space has recently received a Certificate of Occupancy (CO) allowing it to be used as a daycare or for a variety of other uses under the CMX-2 zoning.
With great cash flow and tremendous upside, this property is a perfect purchase for both investors and business owners seeking a prime location. Contact us to discuss the numbers — don't wait — this opportunity won't last long!

Location

State PA

County Philadelphia

Area 19145 (19145)

Zoning CMX2

Interior

Interior Features Floor Plan - Open, Kitchen - Island, Recessed Lighting, Sprinkler System, Upgraded Countertops

Hot Water Other

Heating Forced Air

Cooling Central A/C

Equipment Built-In Microwave, Dishwasher, Oven/Range - Electric, Refrigerator, Stainless Steel Appliances

Fireplace N

Appliance Built-In Microwave, Dishwasher, Oven/Range - Electric, Refrigerator, Stainless Steel Appliances

Heat Source Other

Exterior

Water Access N

Accessibility None

Garage N

Building

Lot Description Corner

Foundation Other

Sewer Public Sewer

Water Public

Architectural Style Traditional

Additional Building Above Grade, Below Grade

Structure Type High

New Construction N

Schools

School District Philadelphia City

Others

Tax ID 882006830

Ownership Fee Simple

SqFt Source Assessor

Acceptable Financing Cash, Conventional, Negotiable

Listing Terms Cash, Conventional, Negotiable

Financing Cash,Conventional,Negotiable

Special Listing Condition Standard


Bright MLS (BMLS)
Listed by Eric D Feinberg • Keller Williams Realty Group
agent

Hader Rivas, Sr

Broker Associate | License ID: 0345922

+1(609) 992-6872

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2323-25 MIFFLIN ST