2323 Mifflin Street

PHILADELPHIA, PA 19145

  • 0 Bed(s)
  • 0 Bath(s)
  • 2,632 Sqft
  • 1612
    Sqft(Lot)
$399,999

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!

  • Property Type

    Multi-Family

  • County

    PHILADELPHIA

  • Style

    Traditional

  • AD ID

    49154234

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Property Details

  • Water/Sewer

    • Water Source : Public

    Interior Features

    • Floor Plan - Open,Kitchen - Island,Recessed Lighting,Sprinkler System,Upgraded Countertops
    • Property Appliances: Built-In Microwave,Dishwasher,Oven/Range - Electric,Refrigerator,Stainless Steel Appliances

    Heating & Cooling

    • Cooling: Central A/C
    • Heating: Forced Air
    • Cooling Fuel: Electric
    • Heating Fuel: Other

  • Building Information

    • Year Built: 1920
    • Structure: End of Row/Townhouse
    • Major Appliances: Built-In Microwave,Dishwasher,Oven/Range - Electric,Refrigerator,Stainless Steel Appliances
    • New Construction: No
    • Total Units: 3
    • Built: 1920
    • Construction Material: Masonry
    • Foundation/Basement: Other
    • Architecture: Traditional
    • Pool/Private: No Pool

    Pool Information

    • Pool: No Pool

    Utility Features

    • Sewer: Public Sewer

    Water

    • Water Heat: Other

  • Lot Information

    • Lot Size: 1,612
    • Dimensions: 41.51 X 72.57 X 8.06 X 65.00
    • Lot Size (Acres): 0.04
    • Architectural Style: Traditional
    • Main Square Feet: 1,612

    Property Information

    • SQ ft: 3,932
    • SQ ft (Living Area): 2,632
    • Total Lot SQ ft: 1,612
    • Financing: Cash,Conventional,Negotiable
    • Appx. Lot Dimensions: 41.51 X 72.57 X 8.06 X 65.00
    • Total Acreage: 0.04
    • New Construction: No
    • Type: Traditional

  • Listing Information

    • Possession: Negotiable
    • Days Of Market: 5

  • Tax Information

    • Annual Tax: $3,638
    • Tax Year: 2024
    • Total Taxes Payment Frequency: Annually

    Possession

    • Negotiable

    Assessment Information

    • Taxes Assessment Amount: $259,900

  • Parking Information

    • Parking Type: On Street

    Multi-Unit Information

    • Acceptable Financing: Cash,Conventional,Negotiable

    Homeowners Association Information

    • Direction: The property is at the corner of Mifflin Street and Point Breeze Avenue.

  • School Information

    • School District: PHILADELPHIA CITY

    Utility Information

    • Water Source: Public
    • Sewer: Public Sewer
    • Cooling Fuel: Electric
    • Heating Fuel: Other
    • Hot Water: Other

    Location Information

    • Direction: The property is at the corner of Mifflin Street and Point Breeze Avenue.
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BuyOwner last updated this listing 04/05/2025 @ 12:01

  • MLS: PAPH2463154
  • LISTING PROVIDED COURTESY OF: ,
  • SOURCE: BRIGHT MLS

is a Other, with 0 bedrooms which is for sale, it has 2,632 sqft, 1,612 sized lot, and 0 parking. are nearby neighborhoods.