$275,000
$285,000
3.5%For more information regarding the value of a property, please contact us for a free consultation.
1038 LINCOLN AVE Prospect Park, PA 19076
888 SqFt
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
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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Bought with Tam (Tammi) D'Angelo • BHHS Fox & Roach-Center City Walnut
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