1425 Jackson Street, Philadelphia, PA 19145-3939 $699,000
Interior Sq. Ft: 1,800
Acreage: 0.02
Age:104 years
Taxes: $5,420
Subdivision: Newbold
Design/Type:
Interior Row/Townhouse
Description
Part of package, additional property nearby available - 1327 Snyder Ave. 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. The other building coming online is 1327 Snyder Ave which is within 2 blocks of this property. The package price for both buildings is at $1,593,000.
Home Assoc: No
Condo Assoc: No
Basement:
Pool: No Pool
Features
Utilities
Central Heating, Natural Gas, Central A/C, Natural Gas, Hot Water - Natural Gas, Public Water, Public Sewer
Garage/Parking
On Street
Exterior
Brick Exterior, Masonry
Lot
Urban
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Public Elementary (98 schools)
Public Middle (17 schools)
Public High (51 schools)
Private (64 schools)
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This report is a detailed community overview for Philadelphia (19145), Pennsylvania.
Community Quick Facts
- Average travel time to work for people in this community: 29
- Average salary of people in this community: $44,306
Community Summary
- Population Density (ppl / mile): 8,825
- Household Size (ppl): 2.50
- Households w/ Children: 48%
Housing Inventory
- Owned: 11,010 (54.0%)
- Rented: 7,369 (36.2%)
- Vacant: 1,994 (9.8%)
- Total: 20,373
Population Demographics
The population of the community broken down by age group. The numbers at the top of each bar indicate the number of people in the age bracket below.
Climate and Weather
The Temperature chart displays average high and low values for January and July, and is designed to provide an indication of both seasonal and daily temperature variability. The Weather Risk Index indicates the calculated risk of each type of weather event occurring in the future. This risk is based on historical localized storm events and weather patterns. The national average for each type of weather event equals a score of 100, so a score of 200 would represent twice the risk as the national average, and a score of 50 would represent half the risk of the national average.
Temperature
Education
Highest Level of Education Attained
- Less than 9th Grade: 6.3%
- Some High School: 8.6%
- High School Graduate: 37.7%
- Some College: 15.8%
- Associate Degree: 6.8%
- Bachelor's Degree: 17.5%
- Graduate Degree: 7.5%
Income by dollar range
Median Income: $46,540
Fair Market Rents
The Fair Market Rents show average gross rent estimates based on figures provided by the U.S. Department of Housing and Urban Development (HUD).
- One Bedroom: $899
- Two Bedroom: $1,288
- Three Bedroom: $1,113
- Four Bedroom: $997
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Contact Information
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or call me now at 410-392-6500 ext 133
Listing Courtesy of: Mercury Real Estate Group , (215) 462-5100
The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which Patterson-Schwartz Real Estate participates, and is provided by BRIGHT through a licensing agreement. The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information Deemed Reliable But Not Guaranteed.
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Listing data as of 11/02/2024.
Broker Compensation
An offer of broker compensation or seller concession is not a guarantee. All compensation offers and concessions are negotiable and subject to written agreement between the parties. Please consult with your real estate agent for more information.