Gorgeous Mixed-Use Investment For Sale

816 11th Avenue, Prospect Park, PA

$725,000

Price

8.9%

Cap Rate

4,833 sqft

Building Size

Gallery
Street
Map
Overview
Cap Rate
8.9%
Building Size
4,833 sqft
Lot Area
0.29 acres
Occupancy
100%
Units
6
Year Built
1877
Zoning
C-2 Commercial District
Floors
3
Parking Spots
8
Description

Delaware County Mixed-Use Property Investment

This beautiful and historic property, built in 1877, and immaculately renovated throughout the 2000’s, consists of a 4-unit apartment building and a single-story commercial building and garage, for a total of 6 Units.

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)

Documents
Location
Gallery