Prospect Park, PA 19076,1038 LINCOLN AVE
Prospect Park, PA 19076,1038 LINCOLN AVE
Prospect Park, PA 19076,1038 LINCOLN AVE
Prospect Park, PA 19076,1038 LINCOLN AVE
Prospect Park, PA 19076,1038 LINCOLN AVE
Prospect Park, PA 19076,1038 LINCOLN AVE
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$275,000

$285,000

3.5%
Est.Price: ?

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Est. payment /mo

888 SqFt


SOLD DATE : 08/17/2021

Key Details

Sold Price $275,000

Property Type Commercial

Sub Type Mixed Use

Listing Status Sold

Purchase Type For Sale

Square Footage 888 sqft

Price per Sqft $309

MLS Listing ID PADE547620

Sold Date 08/17/21

HOA Y/N N

Originating Board BRIGHT

Annual Tax Amount $3,936

Tax Year 2020

Lot Dimensions 44.00 x 199.00

Property Description

For sale is a great investment opportunity to own a fully leased building that has a retail storefront on the first floor and a residential apartment on the second.  The storefront is leased to a nail salon.  On-street parking only.  Rent for the first floor storefront is $1,150/month and rent for the second floor apartment is $750/month.  Insurance is $1,383/year and taxes for 2021 are $4,039/year.  The 1st floor tenant has a 3 year lease that expires/renews January 2023 and has occupied the space continually since 2005.  The 2nd floor apartment tenant is a 1 year lease that expires/renews June 2022.

Location

State PA

County Delaware

Area Prospect Park Boro (10433)

Zoning COMMERCIAL

Interior

Hot Water Electric

Heating Radiator

Cooling Window Unit(s)

Heat Source Electric

Exterior

Waterfront N

Water Access N

Accessibility None

Garage N

Building

Lot Description Zero Lot Line

Sewer Public Sewer

Water Public

New Construction N

Schools

School District Interboro

Others

Tax ID 33-00-00926-00

Ownership Fee Simple

SqFt Source Assessor

Special Listing Condition Standard

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Bright MLS (BMLS)
Listed by William Gordon • Zommick McMahon Commercial Real Estate
Bought with Tam (Tammi) D'Angelo • BHHS Fox & Roach-Center City Walnut
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