Philadelphia, PA 19145,1425 JACKSON ST
Philadelphia, PA 19145,1425 JACKSON ST
Philadelphia, PA 19145,1425 JACKSON ST
Philadelphia, PA 19145,1425 JACKSON ST
Philadelphia, PA 19145,1425 JACKSON ST
Philadelphia, PA 19145,1425 JACKSON ST
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$ 699,000
Est. payment | /mo

1,800 SqFt


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$ 699,000
Est. payment | /mo
Save

1,800 SqFt

Key Details

Property Type Multi-Family, Townhouse

Sub Type Interior Row/Townhouse

Listing Status Active

Purchase Type For Sale

Square Footage 1,800 sqft

Price per Sqft $388

Subdivision Newbold

MLS Listing ID PAPH2397934

Style Transitional

Abv Grd Liv Area 1,800

Originating Board BRIGHT

Year Built 1920

Annual Tax Amount $5,420

Tax Year 2023

Lot Size 960 Sqft

Acres 0.02

Property Description

Part of package, additional property nearby available - 1327 Snyder Ave.

1425 Jackson is a quadplex (4 units) in the East Passyunk submarket of Philadelphia. This value-add multi-family building is situated just off Passyunk Ave. with easy access to the broad street train line and SEPTA. Just around the corner is Passyunk Avenue which is a trendy hot spot in South Philadelphia. There are an abundance of independently-owned businesses - from coffee shops, dining spots, to unique boutiques, and services. FDR park is a nice walk on a lovely day.

The Property consists of three (3) one-bed units and one (1) studio unit. Rents are substantially under market and major rental upside exists for future ownership. Interested parties may inquire about financials. Offered as-is. The subject property is also available as well as another extremely well-maintained apartment building offered by the same Ownership, This is an acquisition opportunity to purchase high-performing multifamily assets with 20% rental upside based on pro forma rents in the submarket(s). Ownership has carefully leased and maintained each building over its tenure. New Ownership can achieve top-of-market rental rates or continue operating. The other building coming online is 1327 Snyder Ave which is within 2 blocks of this property. The package price for both buildings is at $1,593,000.

Location

State PA

County Philadelphia

Area 19145 (19145)

Zoning RSA5

Interior

Hot Water Natural Gas

Heating Central

Cooling Central A/C

Fireplace N

Heat Source Natural Gas

Exterior

Waterfront N

Water Access N

Accessibility None

Parking Type On Street

Garage N

Building

Foundation Other

Sewer Public Sewer

Water Public

Architectural Style Transitional

Additional Building Above Grade, Below Grade

New Construction N

Schools

School District The School District Of Philadelphia

Others

Tax ID 261008100

Ownership Fee Simple

SqFt Source Estimated

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Financing Cash,Conventional

Special Listing Condition Standard

Bright MLS (BMLS)
Listed by Lorraine B Pappalardo • Mercury Real Estate Group
agent-avatar

+1(908) 310-0613

laura@thepallayteam.com

1378 Rt. 206 Suite 202, Skillman, NJ, 08558, United States

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1425 JACKSON ST

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