Bought with Michael A Giangiordano II • Century 21 Forrester Real Estate
$450,000
$410,000
9.8%For more information regarding the value of a property, please contact us for a free consultation.
1534 E PASSYUNK AVE Philadelphia, PA 19147
970 Sqft Lot
Key Details
Sold Price $450,000
Property Type Commercial
Sub Type Mixed Use
Listing Status Sold
Purchase Type For Sale
Subdivision Passyunk Square
MLS Listing ID PAPH2611576
Sold Date 06/30/26
Year Built 1920
Available Date 2026-04-24
Annual Tax Amount $7,247
Tax Year 2025
Lot Size 970 Sqft
Acres 0.02
Lot Dimensions 16.00 x 60.00
Property Sub-Type Mixed Use
Source BRIGHT
Property Description
Located in the heart of Passyunk Square, 1534 E Passyunk Ave presents a rare opportunity to acquire a versatile, value-add property in one of South Philadelphia's most sought-after locations. Surrounded by established, high-performing businesses and steady foot traffic, this CMX 2.5-zoned property offers exceptional potential for investors, developers, or owner-occupants looking to create a mixed-use or multi-family asset.
Spanning approximately 2,121 square feet, the property is currently configured as a duplex with existing utilities in place, providing a strong foundation for immediate income or a seamless transition into a triplex or mixed-use conversion. The layout and zoning allow for a variety of possibilities, including retail or commercial use on the ground floor with residential units above, or a full residential reconfiguration.
The building features solid structural bones and retains classic South Philadelphia character, making it an ideal candidate for a full renovation to maximize value. With the flexibility to tailor the space to your vision and the benefit of a prime location along one of the city's most dynamic corridors, this property is well-positioned for long-term appreciation and strong returns.
Offered at $410,000, the pricing reflects the opportunity for renovation and upside potential. Whether you're looking to invest, develop, or create a signature mixed-use property, 1534 E Passyunk Ave delivers location, flexibility, and value.
Location
State PA
County Philadelphia
Area 19147 (19147)
Zoning CMX 2.5
Interior
Hot Water Natural Gas
Heating Forced Air
Cooling Wall Unit
Flooring Fully Carpeted, Vinyl, Tile/Brick
Heat Source Natural Gas
Exterior
Water Access N
Roof Type Flat
Accessibility None
Garage N
Building
Lot Description Level, Rear Yard
Foundation Stone
Sewer Public Sewer
Water Public
New Construction N
Schools
School District The School District Of Philadelphia
Others
Tax ID 012461700
Ownership Fee Simple
Acceptable Financing Conventional, Cash
Listing Terms Conventional, Cash
Financing Conventional,Cash
Special Listing Condition Probate Listing, Standard
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