1425 Jackson St, Philadelphia, PA 19145 | For Sale

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For Sale $699,000 ($388.33 per Sq Ft)

$699,000 ($388.33 per Sq Ft)
  • (0)
  • Unknown Bedrooms
  • Unknown Bathrooms
  • 1,800 Sq Ft
  • 960 Sq Ft

Description

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.

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Amenities

Garage
Pool
Garden
Security System
Internet
Telephone
Heating
Fireplace
Balcony & Patio
TV / Cable
Laundry
Hardwood Floors
Spa
Air Conditioning
Solar Power
Floor Plan
Great Views
Natural Light
Quiet
Water View
Elevator
Guest Unit(s)
Furnished
220 Volt

Income

Rental Units


The income description goes here to explain

Expenses

Property Details

List Price $699,000
Property Type Fourplex (4-units)
Usable Sqft 1,800
Number of Stories 0 stories
Parking Spots 0 spots
Year Built 1920
Last Sold Unknown
Sold Price Unknown
APN # 261008100
MLS # PAPH2397934
Property ID 318496561
Lot Sqft 960
Zoning RSA5
Total Units 4
Days on Market 122
Original List Price Unknown
Date Updated November 07, 2024
Date Created September 17, 2024

Listing Provided By

Lorraine B Pappalardo an agent of . Lic #RS200464L


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Data last updated: January 17, 2025.
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