Philadelphia, PA 19145 1425 Jackson Street

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Presented By: Mercury Real Estate Group
  • MLS# PAPH2397934
  • 09/17/2024
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  • Beds • 3

Home Details

Part of package, additional property nearby available - 1327 Snyder Ave., 2 Commercial Bldgs. at 736-38 S. 8th St. (Adobe Cafe) and 763-65 S. 8th St. (Lazeez Indian Restuarant) with apartments. Total package can be acquired. 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.
Presented By: Mercury Real Estate Group

Interior Features for 1425 Jackson Street

Bedrooms

Three Bedroom Units Count

Other Interior Features

LivingAreaSourceEstimated
Central Air Y/NYes
Fireplace Y/NNo
Heating FuelNatural Gas
Heating Y/NYes
Hot WaterNatural Gas

General for 1425 Jackson Street

Acceptable FinancingCash, Conventional
AccessibilityNone
Architectural StyleTransitional
CityPHILADELPHIA
Construction MaterialsMasonry, Brick
Cool FuelNatural Gas
CoolingCentral A/C
CountyPHILADELPHIA
DirectionsOn Jackson Street between Broad and 15th Street
Garage Y/NNo
HeatingCentral
Historic Y/NNo
Location TypeUrban
Lot Size Square Feet960.00
Lot Size UnitsSquare Feet
MLS Area19145 (19145)
ModificationTimestamp2025-02-26T13:32:57
MunicipalityPHILADELPHIA
New ConstructionNo
Number Of Units Total4
One Bedroom Units Count3
Other StructuresAbove Grade, Below Grade
Other UnitsUnit 1, Unit 2, Unit 4, Unit 3
OwnershipFee Simple
Possession31-60 Days CD
Price Per Sq Ft Total AG388.33
Property SubtypeQuadruplex
Property TypeMulti-Family
School DistrictTHE SCHOOL DISTRICT OF PHILADELPHIA
SewerPublic Sewer
Single Room Units Count1
Standard StatusActive
StatusACTIVE
Structure TypeInterior Row/Townhouse
Subdivision NameNEWBOLD
Tax Annual Amount5420.0
Tax Assessed Value387200.0
Tax Lot40
Tax Year2023
Total SQFT1800
Two Bedroom0
Vacation Rental Y/NNo
Water Access Y/NNo
Year Built1920
Year Built SourceEstimated
ZoningRSA5

Exterior for 1425 Jackson Street

Foundation DetailsOther
Land Assessed Value77440.00
Land Use CodeU50
Lot Size Acres0.02
Lot Size SourceEstimated
Navigable Water Y/NNo
PoolNo Pool
Type of ParkingOn Street
Water Oriented Y/NNo
Water SourcePublic
Water View Y/NNo
WaterfrontY/NNo

Additional Details

Price History

Aleksandar Tomic

Real Estate Professional
Price $699,000
MLS#PAPH2397934
List Date 09/17/2024
Property Type Multi-Family
Phone 571.207.5186
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