1331 MIFFLIN ST new to site

Philadelphia,PA 19148

$ 525000

- Bed

- Bath

0 SqFt


Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

Subdivision Philadelphia

MLS Listing ID PAPH2442258

Originating Board BRIGHT

Year Built 1925

Annual Tax Amount $7,519

Tax Year 2024

Lot Size 2,178 Sqft

Acres 0.05

Lot Dimensions 16.00 x 60.00

Property Description

Great Investment Opportunity! Own this corner-unit mixed-use (CMX-1) building in the desirable Passyunk Square neighborhood. Located one block from Broad Street and Passyunk Ave. The first floor is zoned commercial but is currently being used as a residential space for the owner's family friend.
The second floor features two bedrooms, one bathroom, and hardwood floors. The third floor offers one bedroom and one bathroom. The first-floor tenant can vacate with 60 days' notice. The property has separate meters and is easy to show. Sale As-Is. Projected Rents: Commercial Space: $2,000 per month
Second Floor: $1,600 per month. Third Floor: $1,200 per month. Projected Cap Rate: 9%

Location

State PA

County Philadelphia

Area 19148 (19148)

Zoning CMX1

Interior

Hot Water Natural Gas

Heating Hot Water

Cooling Wall Unit

Flooring Hardwood

Inclusions Existing appliances as is

Heat Source Natural Gas

Exterior

Utilities Available Cable TV Available,Electric Available,Natural Gas Available

Water Access N

Roof Type Flat

Accessibility None

Garage N

Building

Sewer Public Sewer

Water Public

New Construction N

Schools

School District Philadelphia City

Others

Tax ID 394573000

Ownership Fee Simple

SqFt Source Estimated

Acceptable Financing Conventional,Cash,FHA

Listing Terms Conventional,Cash,FHA

Financing Conventional,Cash,FHA

Special Listing Condition Standard

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