Patterson-Schwartz Real Estate2323-25 Mifflin Street, Philadelphia, PA 19145-1802 $400,000
Interior Sq. Ft: 2,632
Acreage: 0.04
Age:105 years
Taxes: $3,638
Design/Type:
End of Row/Townhouse
Description
Interior Photos, Floor Plan, and Virtual Tour will be published at the end of this week! 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!
Home Assoc: No
Condo Assoc: No
Basement:
Pool: No Pool
Features
Utilities
Forced Air Heating, Other, Central A/C, Electric, Public Water, Public Sewer, 220 Volts
Garage/Parking
On Street
Interior
Floor Plan - Open, Kitchen - Island, Recessed Lighting, Sprinkler System, Upgraded Countertops, High Ceilings
Exterior
Masonry
Lot
Corner Lot
Select a school from the following list. Schools are grouped by school type.
The schools on this list are selected by their proximity of up to 5 miles to the property address.
Proximity does not guarantee enrollment eligibility. Please contact the school directly for more information on enrollment requirements.
* If there are more than 5 schools of any type within a close proximity, click on the button to see additional schools of that type near the search address.
Public Elementary (110 schools)
Public Middle (18 schools)
Public High (54 schools)
Private (67 schools)
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This report is a detailed community overview for Philadelphia (19145), Pennsylvania.
Community Quick Facts
- Average travel time to work for people in this community: 29
- Average salary of people in this community: $44,306
Community Summary
- Population Density (ppl / mile): 8,825
- Household Size (ppl): 2.50
- Households w/ Children: 48%
Housing Inventory
- Owned: 11,010 (54.0%)
- Rented: 7,369 (36.2%)
- Vacant: 1,994 (9.8%)
- Total: 20,373
Population Demographics
The population of the community broken down by age group. The numbers at the top of each bar indicate the number of people in the age bracket below.
Climate and Weather
The Temperature chart displays average high and low values for January and July, and is designed to provide an indication of both seasonal and daily temperature variability. The Weather Risk Index indicates the calculated risk of each type of weather event occurring in the future. This risk is based on historical localized storm events and weather patterns. The national average for each type of weather event equals a score of 100, so a score of 200 would represent twice the risk as the national average, and a score of 50 would represent half the risk of the national average.
Temperature
Education
Highest Level of Education Attained
- Less than 9th Grade: 6.3%
- Some High School: 8.6%
- High School Graduate: 37.7%
- Some College: 15.8%
- Associate Degree: 6.8%
- Bachelor's Degree: 17.5%
- Graduate Degree: 7.5%
Income by dollar range
Median Income: $46,540
Fair Market Rents
The Fair Market Rents show average gross rent estimates based on figures provided by the U.S. Department of Housing and Urban Development (HUD).
- One Bedroom: $899
- Two Bedroom: $1,288
- Three Bedroom: $1,113
- Four Bedroom: $997
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Contact Information
Schedule an Appointment to See this Home
Request more information
or call me now at 302-285-0989
Listing Courtesy of: Keller Williams Realty Group , (610) 792-5900, teresekw@gmail.com
The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which Patterson-Schwartz Real Estate participates, and is provided by BRIGHT through a licensing agreement. The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information Deemed Reliable But Not Guaranteed.
Copyright BRIGHT, All Rights Reserved
Listing data as of 4/02/2025.
Broker Compensation
An offer of broker compensation or seller concession is not a guarantee. All compensation offers and concessions are negotiable and subject to written agreement between the parties. Please consult with your real estate agent for more information.
