Prospect Park, PA 19076,919 12TH AVE
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Prospect Park, PA 19076,919 12TH AVE
Prospect Park, PA 19076,919 12TH AVE
Prospect Park, PA 19076,919 12TH AVE
Prospect Park, PA 19076,919 12TH AVE

$780,000

Est. payment /mo

$849,900

8.2%
Est.Price: ?

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919 12TH AVE Prospect Park, PA 19076

9,999 SqFt

SOLD DATE : 10/09/2020

Key Details

Sold Price $780,000

Property Type Commercial

Sub Type Five Or More Units

Listing Status Sold

Purchase Type For Sale

Square Footage 9,999 sqft

Price per Sqft $78

MLS Listing ID PADE505880

Annual Tax Amount $14,426

Tax Year 2020

Lot Size 0.316 Acres

Property Description

11-Unit Apartment Building available for sale in Prospect Park. Units have been individually updated over the past 4 years by the property owner. 10 of the 11 units are currently rented. Additional Income is generated by leasing the detached garages, and through coin-op laundry on premises. Rents are below market, and many of the tenants are on Month-to-Month Leases. Assuming Market Rents, the property is being offered at a 7.42% Cap Rate. Pro forma is available from the listing agent upon request.

Location

State PA

County Delaware

Area Prospect Park Boro (10433)

Zoning RES-1

Interior

Hot Water Natural Gas

Heating Heat Pump(s)

Cooling Window Unit(s)

Exterior

Garage Spaces 3.0

Water Access N

Building

Lot Description Corner

Sewer Public Sewer

Water Public

New Construction N

Schools

School District Interboro

Others

Special Listing Condition Standard

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Bright MLS (BMLS)
Listed by Andrew M Gismondi • KW Philly
Bought with Joseph W Elhajj • Apex Valuation Services

Jason Gareau

Broker

+1(609) 929-4486

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