2323 25 Mifflin St
$469,000
2323 25 Mifflin St, Philadelphia, Pa 19145
For Sale
Mixed Use
Active
Last Updated: 02/12/2025
9.75
Cap Rate
46,738
NOI
Details:
Cap Rate: 9.75%
NOI: $46,738
Building Size: 2,632 sqft
Year Built: 1920
Price Per Sqft: $178.19
Zoning: CMX2
Highlights:
- Days on Market: 576
- Heating: Forced Air, Heat Pump(s)
Description:
Here is the perfect opportunity to add to your investment portfolio in booming Point Breeze. This 2632 sq.ft corner property offers the remainder of a 10 Year Tax Abatement so no need to worry about the reassessments. The entire building is completely renovated and boasts modern finishes throughout. The building is comprised of a commercial first level and two stunning units on the second floor. The commercial space is open concept, has a backyard patio and includes the basement for additional storage needs. Both upper units are 1 bedroom 1 bath and both are currently rented for $1099 and commercial property is rented at $2000 - total is $4198/month - $50,376 annually.
Location
Gallery
