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.… Read More 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. Read Less
Courtesy of Lorraine Pappalardo, Mercury Real Estate Group [email protected]
Listing Snapshot
Days Online
216
Last Updated
Property Type
Townhouse
Square Ft.
1,800
Lot Size
0.02 Acres
Year Built
1920
MLS Number
PAPH2397934
30 Days Snapshot Of 19145
$309k
-18%
(avg) sold price
32
-15%
homes sold
79
+23%
(avg) days on market
Snapshot
Area Map
Additional Details
Building
1,800 sqft living area, Built in 1920, Structure Type: Interior Row/Townhouse, 4 units in building, Transitional, Masonry, Brick
Cooling
Central Air, Natural Gas, Central A/C
Heating
Natural Gas, Central
Lot
960 sqft, 0.02 acres
Property
Other Structures: Above Grade, Below Grade, Other Units: Unit 1, Unit 2, Unit 4, Unit 3, 3 one-bedroom units, 1 single-room unit
This information is provided exclusively for consumers' personal, non-commercial use; that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that data is deemed reliable but is not guaranteed accurate by BrightMLS. Information may appear from many brokers but not every listing in BrightMLS is available. This content last updated on .
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