Prospect Park, PA 19076,1100 LINCOLN AVE
Prospect Park, PA 19076,1100 LINCOLN AVE
Prospect Park, PA 19076,1100 LINCOLN AVE
17
$714,000
$750,000
4.8%
Est.Price: ?

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6,480 SqFt

1100 LINCOLN AVE Prospect Park, PA 19076

Est. payment /mo
SOLD DATE : 06/29/2021

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Key Details

Sold Price $714,000

Property Type Commercial

Sub Type Five Or More Units

Listing Status Sold

Purchase Type For Sale

Square Footage 6,480 sqft

Price per Sqft $110

MLS Listing ID PADE544824

Sold Date 06/29/21

HOA Y/N N

Originating Board BRIGHT

Year Built 1940

Annual Tax Amount $15,118

Tax Year 2020

Lot Size 2,675 Sqft

Acres 0.06

Lot Dimensions 25 X 107

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.

Location

State PA

County Delaware

Area Prospect Park Boro (10433)

Zoning COMMERCIAL

Interior

Hot Water Electric

Heating Hot Water

Cooling Wall Unit

Heat Source Natural Gas

Exterior

Water Access N

Accessibility None

Garage N

Building

Sewer Public Sewer

Water Public

New Construction N

Schools

School District Interboro

Others

Tax ID NO TAX RECORD

Ownership Fee Simple

SqFt Source Estimated

Special Listing Condition Standard

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Bright MLS (BMLS)
Listed by Brandon R Murray • Long & Foster Real Estate, Inc.
Bought with C. Joseph Darrah • Keller Williams Philadelphia

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Joanna Dieter

Agent | License ID: 665620

+1(410) 949-6855

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