Property Attributes
- MLS#PADE2053742
- TypeContingent
- CountyDELAWARE
- CityProspect Park
- AreaProspect Park Boro
- Zip19076
- StyleApartment Building,Professional
- Year Built1877
- Taxes$ 14706
- Price$ 750,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Sqr Footage4833
- Lot Size12,632 SqFt
Data Source:
Bright MLS
Property Description
Delaware County Mixed-Use Property Investment This beautiful and historic property, built in 1877, and immaculately renovated throughout the 2000s, consists of a 4-unit apartment building and a single-story commercial office, workshop, warehouse building, for a total of up to 7 units. (Office and shops can be divided) With parking for up to 8 vehicles, convenient location, multiple serene gardens and sitting areas, separated commercial spaces and rental apartments, separate entrances and exits, excellent rental history, extensive list of renovations (see renovations list for details) and historically accurate exterior restoration, this property is not to be missed! Among its many amenities this property offers; new flat roofs on commercial spaces and apt building, gutters, all windows, water heaters, plumbing, electrical wiring, electrical panels, driveway, and township required sidewalks, walkways and curbs being replaced currently. Not to mention all the interior renovations to the apartments, you must see in person. (1113 Lafayette Ave, Prospect Park 19076 is the postal address for the apartments)
Price History | |
---|---|
9/11/2023 | Listed $750,000 |
General Features
Sewer | Public Sewer |
---|---|
Heating | Forced Air,Radiator |
Cooling | Central A/C,Window Unit(s) |
Utilities | Electric Available,Natural Gas Available |
Possession | Negotiable |
Roof | Flat,Asphalt |
Zoning | C-2 COMMERCIAL DISTRICT |
Construction Materials | Mixed |
Year Built | 1877 |
Property SubType | Mixed Use |
Tax Year | 2023 |
Percent Ownership | Fee Simple |
Cool Fuel | Electric |
Business Type | Apartment Building,Professional,Other |
Accessibility | None |
County | DELAWARE |
Net Operating Income | 65149.00 |
New Construction | No |
Property Type | Commercial Sale |
Water Access Y/N | No |
Property Use | Investment |
Status | ACTIVE UNDER CONTRACT |
Directions | Corner of 11th Ave & Lafayette Ave |
ModificationTimestamp | 2023-11-13T11:55:40 |
City | PROSPECT PARK |
Buyer Agent Compensation | 2.5 |
Total Units | 7 |
MLS Area | Prospect Park Boro (10433) |
Lot Size Square Feet | 12632.40 |
Tax Assessed Value | 444600.0 |
Waterfront Y/N | No |
Street Name | 11TH |
Tax Annual Amount | 14706.0 |
Property Condition | Excellent,Very Good |
Price Per Sq Ft | 155.18 |
Acceptable Financing | Cash,Conventional |
Lease Considered Y/N | No |
Vacation Rental Y/N | No |
Days on Market | 26 |
Location Type | Suburban |
Standard Status | Active Under Contract |
Year Built Source | Estimated |
Tax Lot | 374-000 |
Total Actual Rent | 87000.00 |
Cap Rate | 8.69 |
Buyer Agent Compensation Type | % Of Gross |
Association Recreation Fee | No |
Interior Features
Heating Fuel | Natural Gas |
---|---|
Flooring | Carpet,Wood |
Hot Water | Natural Gas |
Total Stories | 3 |
Heating Y/N | Yes |
Street Suffix | AVENUE |
Central Air Y/N | Yes |
Total Restrooms | 6 |
Exterior Features
Water Source | Public |
---|---|
Total Parking Spaces | 8 |
Type of Parking | Driveway |
Water View Y/N | No |
Building Area Total | 4833.00 |
Lot Dimensions | 100.00 x 127 |
Lot Size Acres | 0.29 |
Road Frontage Length | 100 |
Lot Size Units | Square Feet |
Lot Size Source | Estimated |
Land Assessed Value | 84960.00 |
Navigable Water Y/N | No |
Water Oriented Y/N | No |
Fencing Y/N | Yes |
LotDimensionsSource | Estimated |
Car Parking Spaces | 8 |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool