Property
Prospect Park, PA 19076 1038 Lincoln Avenue
$350,000
15 more
Presented By: BHHS Fox & Roach-Center City Walnut
SQFT • 888
Home Details
Available for purchase is a lucrative investment opportunity encompassing a fully occupied building with a retail storefront on the ground floor leased to a successful nail salon and a residential apartment on the second floor. This dual-income property boasts a stable rental income for the storefront, and $800month for the apartment. On-street parking is available. The annual expenses include $1,383 for insurance and $4,255 in taxes for the year 2022.
This property offers not only immediate returns but also the potential for sustained growth and stability.
Please contact Listing agent for a a private showing today!
Presented By: BHHS Fox & Roach-Center City Walnut
Interior Features for 1038 Lincoln Avenue
Other Interior Features
Central Air Y/NNo
Heating FuelElectric
Heating Y/NYes
Hot WaterElectric
Number of Elevators
Total Stories2
Other Rooms
Entry Level1
General for 1038 Lincoln Avenue
AccessibilityNone
Association Recreation FeeN
Business TypeApartment Building, Hair Salon and Spa, Institutional
Buyer Agent Compensation2.5
Buyer Agent Compensation Type% Of Gross
CityPROSPECT PARK
Construction MaterialsBlock, Brick, Masonry
Cool FuelElectric
CoolingWindow Unit(s)
CountyDELAWARE
Days on Market183
DirectionsPlease see Map for direction
HeatingRadiator
Lot Size Square Feet0.00
Lot Size UnitsSquare Feet
MLS AreaProspect Park Boro (10433)
ModificationTimestamp2024-06-25T06:12:44
MunicipalityPROSPECT PARK BORO
New ConstructionNo
NumberOfUnitsTotal2
Percent OwnershipFee Simple
PossessionSettlement
Price Per Sq Ft Total AG184.21
Property SubTypeMixed Use
Property TypeCommercial Sale
SewerPublic Sewer
Standard StatusActive
StatusACTIVE
Tax Annual Amount3936.0
Tax Assessed Value125050.0
Tax Lot380-000
Tax Year2020
Trash Expense0.00
Vacation Rental Y/NNo
Water Access Y/NNo
Waterfront Y/NNo
Year Built1982
Year Built SourceEstimated
ZoningCOMMERCIAL
Exterior for 1038 Lincoln Avenue
Building Area Total1900.00
Car Parking Spaces
Land Assessed Value67180.00
Land Use CodeC-30
Lot FeaturesZero Lot Line
Lot Size Acres0.00
Lot Size SourceEstimated
Navigable Water Y/NNo
Parking FeaturesPublic
Total Loading Docks0
Total Parking Spaces0
Type of ParkingOn Street, Parking Lot, Driveway
Water Oriented Y/NNo
Water SourcePublic
Water View Y/NNo
Additional Details
Price History
Ebonie Clerier
Associate