Prospect Park, PA 19076,1038 LINCOLN AVE
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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

$275,000

Est. payment /mo

$285,000

3.5%
Est.Price: ?

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1038 LINCOLN AVE Prospect Park, PA 19076

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

Annual Tax Amount $3,936

Tax Year 2020

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)

Exterior

Water Access N

Building

Lot Description Zero Lot Line

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

Jason Gareau

Broker

+1(609) 929-4486

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