$849,900

919 12th Ave

PROSPECT PARK PA, 19076

Description

11-Unit Apartment Building available for sale in Prospect Park. Units have been individually updated over the past 4 years by the property owner. 10 of the 11 units are currently rented. Additional Income is generated by leasing the detached garages, and through coin-op laundry on premises. Rents are below market, and many of the tenants are on Month-to-Month Leases. Assuming Market Rents, the property is being offered at a 7.42% Cap Rate. Pro forma is available from the listing agent upon request.

Details

MLS#PADE505878
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Year999
Days On Site231

Features

SQ Feet1
Units4
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Area Information
StatePA
CityPROSPECT PARK
Zip Code19076
AreaProspect Park Boro (10433)
Listing VS Median (in 19076)
Price:
$849,900
low | high
Med:
$215,000
100% of Average
SqFt:
1
low | high
Med:
1,360
100% of Average
$ / SqFt:
$849,900
low | high
Med:
$158
100% of Average
On Site:
231
low | high
Med:
41
100% of Average
Listing Updated: 08/03/2020
Andrew M Gismondi LogoMLS Number: PADE505878
Listing Provided By:
Andrew M Gismondi  of  Keller Williams Philly