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Prospect Park,PA 19076
Key Details
Property Type Multi-Family
Sub Type Detached
Listing Status Active
Purchase Type For Sale
MLS Listing ID PADE2098674
Style Other
Year Built 1919
Annual Tax Amount $10,482
Tax Year 2024
Lot Dimensions 50.00 x 126.00
Property Sub-Type Detached
Source BRIGHT
Property Description
Welcome to 856 Chester Pike, an investors' dream! This building offers a great investment opportunity on one of the busiest streets of Prospect Park. The property consist of three (3) units: a commercial space, along with a two (2) bedroom unit, and a one (1) bedroom unit. All units are occupied with long-term tenants of 5+ years, each unit has a month-to-month lease. There is a detached garage that's currently used as storage however, has potential for separate rental income. The commercial unit is handicap accessible, currently operating as a restaurant; entering the restaurant, you will find a large dining area, service counter, and fully functioning kitchen with basement and backyard access. The apartment entrance is located on the side of the building with a shared entryway. Chester Pike offers an bustling and energetic business environment, with close proximity to highway 95 making access to the PHL airport and the city only a short drive away. This location is highly desirable, as businesses continue to thrive in this ideal commercial/residential environment. Don't miss the opportunity to own a fully functioning mixed-use building, with room for improvements and expansion, in an extremely sought-after neighborhood.
Location
State PA
County Delaware
Area Prospect Park Boro (10433)
Zoning COM
Interior
Hot Water Electric
Heating Hot Water,Radiator
Cooling Window Unit(s)
Inclusions See Seller's disclosure. All items As-is condition
Fireplace N
Heat Source Natural Gas
Exterior
Parking Features Additional Storage Area,Garage - Rear Entry
Garage Spaces 1.0
Water Access N
Roof Type Shingle
Accessibility Ramp - Main Level
Total Parking Spaces 1
Garage Y
Building
Foundation Other
Sewer Public Sewer
Water Public
Architectural Style Other
Additional Building Above Grade,Below Grade
New Construction N
Schools
School District Interboro
Others
Tax ID 33-00-00105-00
Ownership Fee Simple
Acceptable Financing Cash,Conventional
Listing Terms Cash,Conventional
Financing Cash,Conventional
Special Listing Condition Standard