1425 JACKSON Street
1425 JACKSON Street Philadelphia, Pennsylvania 19145 United States

$800,000
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Compass Pennsylvania, LLC

Listing Courtesy of Compass Pennsylvania, LLC
1,800 Sq Ft.
Interior
.02 Acres
Exterior
Multi Family
Property type
1920
Year Built
PAPH2141712
Web Id
PAPH2141712
MLS ID
NEWBOLD
Subdivision
Philadelphia City
School District
8
days ago

About 1425 JACKSON Street

1425 Jackson is a boutique quadplex (4 units) in the East Passyunk submarket of Philadelphia, Pennsylvania. The subject property is part of a larger portfolio of extremely well-maintained boutique apartment buildings offered by Ownership as a package sale of 5 buildings (25 units) plus a rarely offered 15-unit prime multifamily development parcel in the desirable "Italian Market" area of South Philadelphia. "The Properties" are located within 1.5M of one another, with the exception of one asset that is located near Philadelphia International Airport (ideal Airbnb conversion). "The Portfolio" offers tremendous critical mass in one of the most attractive locations in Philadelphia. 3 of 5 properties are located right off Cianfrani Park, a popular neighborhood attraction. "The Properties" are walkable to many of South Philly's top amenities, parks, restaurants, cafes, schools and transit stops. This is a generational acquisition opportunity to purchase high-performing multifamily assets with 20% rental upside based on pro forma rents in the submarket(s). Ownership has carefully built, leased and maintained each asset over its tenure. New Ownership can enact a value-add capital enhancement program to achieve top-of-market rental rates or continue operating "The Portfolio" as is. "The Portfolio" is 100% leased and occupied, including the two (2) commercial spaces. "The Portfolio" consists of: 713-15 Mildred St; 736 S 8th St; 763-5 S 8th St; 2702 Dothan Plaza; 1327 Snyder Ave; 1425 Jackson St.

Listing Courtesy of Compass Pennsylvania, LLC

The data relating to real estate for sale comes in part from Keystone Multi-List. Real estate listings held by brokerage firms other than Lusk & Associates Sotheby's International Realty are marked with the Broker Reciprocity logo and information about them includes the name of the listing broker. All information provided is deemed reliable but is not guaranteed and should be independently verified. This IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

PROPERTY INFORMATION

Cooling
Central A/C
Heating
Central
Sewer
Public Sewer
Style
Transitional
View
City

ADDITIONAL INFORMATION

Body of Water
Public
Listing Courtesy of Compass Pennsylvania, LLC

Compass Pennsylvania, LLC

Listing Courtesy of Compass Pennsylvania, LLC
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