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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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

Parking Type On Street

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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Karen Wilkinson

+1(732) 599-1938

Agent | License ID: 0343436

Agent License ID: 0343436

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