$ 780,000
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$780,000
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About the Listing KWEMPWR - 3156290
Rare South Philly offering at 521–523–525 Mifflin St featuring three separately deeded 16x68 parcels being sold together (Tax IDs: 011415100, 011415200, 011415300). The property includes one existing home and two vacant lots, offering exceptional flexibility for an end user or investor. The conservative After-Renovated Value for 525 Mifflin, the house, is $675k+, and pricing for the new construction on 521 & 523 is $725k+ for a total of $2,125,000 or more after you've completed the renovations & new build. Rent out the house while you build for about $2200/mo, and once done, if you choose to renovate and rent, ARV rents are $2800/mo or more. This parcel is ideal for creating an urban compound with an oversized residence and expansive outdoor space, or for a development play while generating immediate cash flow. The home at 525 Mifflin is a large 4-bed, 2-bath property that was formerly configured as a multifamily. It now offers generous living spaces, including a spacious second-floor laundry room and a deep basement that is plumbed for a full bath. The basement also features a full-size window and provides full-height access to the side of the home. The kitchen includes stainless steel appliances, ample cabinetry, and a breakfast bar that opens to the living and dining areas for easy entertaining. A side deck off the kitchen is perfect for morning coffee or al fresco dining. Additional features include wood floors, recessed lighting, original wood banisters, excellent closet space, and a second-floor ensuite bath, plus an additional 2nd-floor bathroom. There is also potential for a future roof deck off the third floor. The home also offers dual-zoned heat and central air, two high-efficiency heaters, and a high-efficiency water heater. There are three electric meters, two panels, and one gas and one water meter. The rear garage is currently used for storage. There is also a person-sized door to the yard and an electronic overhead door that provides vehicle access to the lots, offering the opportunity to build new homes or create a private outdoor oasis with off-street parking. The location is just 3 blocks from Dickinson Square Park and about a half mile to the shops and restaurants of Passyunk Ave. It offers convenient access to I-95, I-676, and Columbus Blvd retail. The Broad Street Subway at Tasker-Morris is a 15–20 minute walk. This is a truly unique opportunity for an end user, investor, or developer to create something special in one of South Philadelphia’s most desirable neighborhoods.
Listing Highlights
Status
Active
Days on Site
64
Property Type
Vacant Land
MLS ®
PAPH2608902
Year Built
Total Square Footage
0
Lot/Acreage
0.07
County
Philadelphia
Neighborhood
Dickinson Narrows
Area
19148 (19148)
School District
The School District Of Philadelphia
Elementary School
Vare-Washington
Middle School
Vare-Washington
High School
Furness Horace
Interior Details
- Bedrooms: 0
- Bathrooms: 0 Full
- Appliances:
- Air Cond:
- Heating:
- Fireplaces:
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water: Public
Exterior Details
- Lot Description: Not New Construction,Horse Property: No
- Garage Capacity: N/A
- Lot Dimensions: 48.00 x 68.00
- Zoning: 3 separately deeded lots (one house and 2 vacant lots)- each is zoned for single-family residential housing.
- Roof:
- Others:
- Sewer: Public Sewer
Financial Details
- Tax Amount: $11,085
- Taxes w/Assessments: N/A
- Tax/Property ID: N/A
- Tax Year: 2026
Payment Calculator
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Questions About..
521 521-525 Mifflin St Philadelphia, PA 19148
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