#PAPH2347460, Lumin Sun, Listing Office: GE21 Realty
$8,301
closing credit¹
1425 Jackson St Philadelphia, PA 19145
Property details
About 1425 Jackson St
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.
Highlights
(ACTIVE)
Summary
- MLS Number: PAPH2397934
- MLS Name: BRIGHT
- Office Name: Mercury Real Estate Group
- Office Phone: (215) 462-5100
- Listing Agent: Lorraine B Pappalardo
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Last updated on: 2/1/2025, 7:20:54 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$699,000
1425 Jackson St
$8,301
closing credit¹
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Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
Year | Assessment | Property Tax |
---|---|---|
2023 | $387,200 | $5,420 |
2022 | $387,200 | $3,696 |
2021 | $- | $3,696 |
2020 | $264,100 | $3,696 |
2019 | $245,500 | $3,436 |
2018 | $135,400 | $1,895 |
2017 | $135,400 | $1,895 |
History based on county public records data.
Nearby schools
3
Stephen Girard Elementary School
Public District KG-4
0.3 mi
•1800 Snyder Ave
7
Abram Stockton Jenks School
Public District KG-5
0.3 mi
•2501 S 13th St
5
Francis Scott Key School
Public District KG-6
0.6 mi
•2230 S 8th St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $45,679. Typical income of Philadelphia, PA residents is between $35k-100k annually. The majority of families are single, no kids. Residents of this area typically have high school diploma education.
Similar homes for sale
This home is located at 1425 Jackson St in Philadelphia, PA and zip code 19145 in the South Philadelphia neighborhood. This 1,800 square foot home, which was built in 1920, sits on a 0.02 acre lot. Features: 0 bathroom. It has been listed on Rocket Homes since September 17, 2024 and is currently priced at $699,000.
In January 2025, from all listings sold in Philadelphia, PA there were more than 152 sold above asking price, over 457 sold below and more than 186 were sold right at the asked price. The number of homes for sale in Philadelphia, PA increased by 3.5% between December and January 2025. In January 2025 median list price was $266,945 and the average listing age was 52 days.