816 11Th Avenue Prospect Park, PA $ 750,000
816 11Th Avenue
$ 750,000
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816 11Th Avenue

Prospect Park, PA, 19076
$ 750,000
Baths0.0 Sq 4,833

Monthly Estimate*

$ 4,985

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Studio

Commercial Property for sale in Prospect Park, PA

for $750,000. This 4,833 square foot building was built in 1877 on a lot size of 0.29.

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)

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Commercial Contingent

Price

$ 750,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 14,706

Style

Apartment Building,Professional

Lot Size

0.29

Year Built

1877

Town/City

Prospect Park

County/Region

Delaware

MLS | Web ID

PADE2053742

Features
Interior
Heating Fuel Natural Gas
Flooring Carpet Wood
Hot Water Natural Gas
Total Stories 3
Heating Y/N Y
Street Suffix AVENUE
Central Air Y/N Y
Total Restrooms 6
Number of Elevators 0
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General
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
Municipality PROSPECT PARK BORO
Business Type Apartment Building Professional Other
Accessibility None
County DELAWARE
Net Operating Income 65149.00
New Construction N
Property Type Commercial Sale
Water Access Y/N N
Status ACTIVE UNDER CONTRACT
Directions Corner of 11th Ave & Lafayette Ave
City PROSPECT PARK
Buyer Agent Compensation 2.5
Total Units 7
MLS Area Prospect Park Boro (10433)
Lot Size Square Feet 12632.40
Waterfront Y/N N
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 N
Vacation Rental Y/N N
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 N
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Exterior
Water Source Public
Type of Parking Driveway
Water View Y/N N
Building Area Total 4833.00
Lot Dimensions 100.00 x 127
Lot Size Acres 0.29
Lot Size Units Square Feet
Lot Size Source Estimated
Land Assessed Value 84960.00
Navigable Water Y/N N
Water Oriented Y/N N
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Internal Only
Street Number 1 816
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* Excluded Features
List By
Kw Commercial

Broker

cmccartney@kwcommercial.com

Email

Affordability Calculator

$6,210
Per Month
80%
20%
0%
Monthly Principal & Interest
$4,985
Monthly Property Taxes
$1,226
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
2136830 Elementary School
2137124 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
9/11/2023$750,000 Listed Price

Map


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816 11Th Avenue, Prospect Park, PA, 19076 is a Commercial Property for sale at $750,000 with 4,833 sqft and a lot size of 0.29. 816 11Th Avenue is a studio with 0.0 baths and was built in 1877. The property's zip code is 19076 which is in Prospect Park, PA