Listed By:
KW Commercial
Address
816 11Th Avenue, Prospect Park, PA
Price
$ 750,000
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

Property vs Contingent Average in 19076

Price
AVG $460K
$750K
Taxes
AVG $8,066
$14,706
Visits
AVG 262
270
Data Provided by Inside Real Estate®
Year Built
AVG 1935
1877
Walkscore
AVG 64
64
Data Provided by Walkscore® not using MLS data

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