PA
PHILADELPHIA
PHILADELPHIA
19145
1425 JACKSON STREET
1425 JACKSON STREET, PHILADELPHIA, PA 19145
Listing Type
Multi Family
Listing Status
active
10
$699,000

Home Details for 1425 JACKSON STREET

Price
$699,000
Type
Residential Income
Bedrooms
3
Bathrooms
0.0
Square feet
1800
Year built
1920
Lot size acres
0.02
County
PHILADELPHIA
Garage
Days on site
171
MLS Listing#
PAPH2397934
Listing Courtesy: Mercury Real Estate Group - 215-462-5100
Property 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.

Property Features
  • Cooling Information
    • Central Air
    • Gas
  • Heating Information
    • Natural Gas
    • Central
  • Water Features
    • Public
  • Parking
    • On Street
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Last Updated: 2024-12-19 03:07:24
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EXIT ELEVATE REALTY
1450 Grays Ferry Ave. 1st Floor, Philadelphia, PA 19143
Office
215 623 6000
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