1425 Jackson Street
Philadelphia, PA 19145
- – beds
- – baths
- 1,800 sqft
- 960 sqft lot
- $388 per sqft
- 1920 build
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.
Listing courtesy of BRIGHT / Mercury Real Estate Group
Last checked:
Checking…
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Last updated Nov 8, 2024
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MLS# PAPH2397934 —
The Building
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Year Built:1920
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Year Built Source:Estimated
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New Construction:No
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Construction Materials:Masonry, Brick
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Structure Type:Interior Row/Townhouse
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Architectural Style:Transitional
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Historic:No
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Building Units Total:4
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Accessibility Features:None
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Foundation Details:Other
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Total SqFt Source:Estimated
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Total Below Grade SqFt Source:Estimated
Interior
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Fireplace:No
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Living Area SqFt Source:Estimated
Room Dimensions
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Total SqFt:1800
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Living Area SqFt:1,800 Sqft
Financial & Terms
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Sale Type:Standard
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Acceptable Financing:Cash, Conventional
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Possession:31-60 Days CD
Location
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Directions:On Jackson Street between Broad and 15th Street
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Cross Street:CARLISLE ST
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Latitude:39.92342758
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Longitude:-75.17095184
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Location Type:Urban
The Property
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Property Subtype:Quadruplex
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Property Type:Multi-Family
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Lot Size Units:Square Feet
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Lot Size Acres:0.02
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Lot Size Source:Estimated
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Lot SqFt:960 Sqft
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Zoning:RSA5
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Other Structures:Above Grade, Below Grade
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Water View:No
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Waterfront:No
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Water Oriented:No
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Water Access:No
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Navigable Water:No
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Tidal Water:No
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Land Use Code:U50
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Ground Rent Exists:No
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Riparian Rights:No
Listing Agent
- Contact info:
- Agent phone:
- (215) 771-9372
- Office phone:
- (215) 462-5100
Taxes
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Tax ID Number:261008100
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Tax Year:2023
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Tax Lot:40
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Tax Annual Amount:$5,420
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Tax Assessed Value:$387,200
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Year Assessed:2023
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School Tax:2974.0
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City/Town Tax:2445.00
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Total Taxes Payment Frequency:Annually
Heating & Cooling
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Cooling Type:Central A/C
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Central Air:Yes
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Cooling Fuel:Natural Gas
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Heating:Yes
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Heating Type:Central
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Heating Fuel:Natural Gas
Utilities
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Sewer/Septic:Public Sewer
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Hot Water:Natural Gas
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Water Source:Public
Schools
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School District Name:The School District Of Philadelphia
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School District Source:Listing Agent
The Community
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Subdivision Name:Newbold
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Pool:No Pool
Parking
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Garage:No
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Type of Parking:On Street
Extra Units
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Other Units:Unit 1,Unit 2,Unit 4,Unit 3
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Vacation Rental:No
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Single Room Units:1
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One Bedroom Units:3
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
9/18/24
Sep 18, 2024
|
Listed / Active | BRIGHT | $699,000 |