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    1100 LINCOLN Avenue

    PROSPECT PARK, PA 19076
    • $750,000
    • STATUS: Active
    • ON SITE: 9 days
    • ID#: PADE544824
    UPDATED: 72 min ago
    $750,000
    • 0
      BEDS
    • 0.06
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Type:
    Commercial
    Built:
    1940
    County:

    School Ratings & Info

    School District:

    Description

    Three-story, mixed use commercial property conveniently located in the heart of Prospect Park. This attractive brick building has been well maintained and family owned for 35 years. The first floor consists of three separate commercial spaces that are occupied by longstanding businesses in the community. The second and third floors are made up of six residential apartment units that are fully rented with clean and modern common spaces. The lower level has a laundry area for tenants, a separate boiler room and a large basement storage space. This property offers strong cashflow, low maintenance and the current owners have made many cosmetic and system upgrades. The long-term tenants in place create a value-add opportunity for a savvy real estate investor. Easy access to major highways and Philadelphia, steps from the Septa station and walking distance to daily conveniences. A rare find in today's marketplace and a smart addition any investor's portfolio.

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    ©2021 Bright MLS, All Rights Reserved. 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. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or LoCoMusings | Century 21 Redwood Realty. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2021-05-09T13:51:40.777.
    www.locomusings.com/homes/116605004
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    1100 LINCOLN Avenue PROSPECT PARK, PA 19076

    • Price: $750,000
    • Status: Active
    • Updated: 72 min ago
    • ID#: PADE544824
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.06
    Acres
    1940
    Built
    Neighborhood:
    Prospect Park Boro (10433)
    County:
    Delaware
    Area:
    Prospect Park Boro (10433)
    School District:
    Interboro
    Property Description
    Three-story, mixed use commercial property conveniently located in the heart of Prospect Park. This attractive brick building has been well maintained and family owned for 35 years. The first floor consists of three separate commercial spaces that are occupied by longstanding businesses in the community. The second and third floors are made up of six residential apartment units that are fully rented with clean and modern common spaces. The lower level has a laundry area for tenants, a separate boiler room and a large basement storage space. This property offers strong cashflow, low maintenance and the current owners have made many cosmetic and system upgrades. The long-term tenants in place create a value-add opportunity for a savvy real estate investor. Easy access to major highways and Philadelphia, steps from the Septa station and walking distance to daily conveniences. A rare find in today's marketplace and a smart addition any investor's portfolio.
    Exterior Features

    Construction Materials BrickMasonry Garage YN No Parking Types On Street Riparian Rights YN No Water Access YN No Water Oriented YN No Water View YN No Waterfront YN No

    Interior Features

    Building Area Total 6480.00 Cooling Wall Unit Heating Hot Water Heating YN Yes Net Square Feet 6480.00

    Property Features

    Accessibility Features None Association YN No Business Type Apartment BuildingOther/General RetailProfessional Central Air YN No Cooling Fuel None Heating Fuel Natural Gas Hot Water Electric Incorporated City Name Prospect Park Boro Lease Considered YN No Navigable Water YN N Net Operating Income 56431.00 New Construction YN No Operating Expense Includes Management FeesRepair/MaintenanceWater Original MLSNumber 304580452538 Owner Pays WaterSewerCommon Area Maintenance Ownership Interest Fee Simple Possession Negotiable Property Sub Type Mixed Use Sale Type Standard Sewer Public Sewer Tax Annual Amount 15118.00 Tax Assessment Amount 0.00 Total Actual Rent 74520.00 Vacation Rental YN No Water Source Public Zoning Commercial

    Listing courtesy of Long & Foster Real Estate, Inc..


    ©2021 Bright MLS, All Rights Reserved. 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. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or LoCoMusings | Century 21 Redwood Realty. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2021-05-09T13:51:40.777.
     
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