$625,000

Estimated payment $3,737/month

Total Views 7,765
-- Bed
-- Bath
1,800 Sq Ft
$347 Price per Sq Ft

Highlights

  • Transitional Architecture
  • Central Heating and Cooling System
  • 2-minute walk to Snyder

About This Home

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.

Listing Agent

Lorraine Pappalardo

(215) 771-9372 lorpappalardo@gmail.com Mercury Real Estate Group License #RS200464L Listed on: 09/18/2024

Co-Listing Agent

Mike Moss

(215) 416-3980 mikemoss215@gmail.com Mercury Real Estate Group License #RS286764

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,420

Year Built

  • Built in 1920

Parking

  • On-Street Parking

Home Design

  • 1,800 Sq Ft Home
  • Quadruplex
  • Transitional Architecture
  • Brick Exterior Construction
  • Masonry

Utilities

  • Central Heating and Cooling System
  • Cooling System Utilizes Natural Gas
  • Natural Gas Water Heater

Additional Features

  • 960 Sq Ft Lot
  • Urban Location

Community Details

  • 4 Units
  • Newbold Subdivision

Listing and Financial Details

  • Tax Lot 40
  • Assessor Parcel Number 261008100

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,420

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Quadruplex
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Transitional
  • Ownership: Fee Simple
  • Historic: No
  • New Construction: No
  • Expected On Market: 9/21/2024 12:00:00 AM
  • Year Built: 1920
  • Special Features: None

Interior Features

  • Fireplace: No
  • Foundation Details: Other
  • Total Sq Ft: 1800
  • Living Area Sq Ft: 1800
  • Price Per Sq Ft: 347.22
  • Above Grade Finished Sq Ft: 1800
  • Above Grade Finished Area Units: Square Feet

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Masonry, Brick
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: On Street

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Natural Gas
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Central
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Schools

  • School District Source: Listing Agent

Lot Info

  • Lot Size Acres: 0.02
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 960.00
  • Zoning: RSA5

Rental Info

  • Ground Rent Exists: No
  • Vacation Rental: No

Tax Info

  • School Tax: 2974.00
  • Tax Annual Amount: 5420.00
  • Assessor Parcel Number: 261008100
  • Tax Lot: 40
  • Tax Year: 2023

Multi Family

  • Other Units: Unit 1,Unit 2,Unit 4,Unit 3

MLS Schools

  • School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA

Map

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2026 $5,420 $363,000 $72,600 $290,400
2025 $5,420 $363,000 $72,600 $290,400
2024 $5,420 $363,000 $72,600 $290,400
2023 $5,420 $387,200 $77,440 $309,760
2022 $3,697 $387,200 $77,440 $309,760
2021 $3,697 $0 $0 $0
2020 $3,697 $0 $0 $0
2019 $3,437 $0 $0 $0
2018 $1,895 $0 $0 $0
2017 $1,895 $0 $0 $0
2016 $1,895 $0 $0 $0
2015 -- $0 $0 $0
2014 -- $135,400 $16,319 $119,081
2012 -- $17,536 $2,219 $15,317
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/21/2025 10/21/25 Price Changed $625,000 -10.6% $347 / Sq Ft
09/18/2024 09/18/24 For Sale $699,000 -- $388 / Sq Ft
Source: Bright MLS

Purchase History

Date Type Sale Price Title Company
Deed -- --
Source: Public Records

Source: Bright MLS

MLS Number: PAPH2397934

Bright MLS

APN: 261008100