816 11th Ave, Prospect Park, PA 19076

Property Description

Opportunity knocks with this unique and meticulously maintained multi use/multi family property! Convenient to both North and South 95, less than 6 miles from the Philadelphia Airport, few minutes walk to the SEPTA - Prospect Park Station this couldn't be in a better location! Pull into the driveway and you will notice a nice building with big windows in front of you for a potential store/office building. Once inside said building, you will notice an area for an additional private office room off to the left. Venture to the back and see the powder room and shop area formerly used for a glass company. Then you will find additional storage areas and two garage beys which can be rented out should you choose to do so. There is also an exit in the storage area which leads to the fenced in courtyard with the nicely landscaped pond stocked with koi fish. Or, you could use this space just for storage for your tenants! Head back out to the driveway and walk up the partial wrap around porch. Enter the first floor apartment which is currently the owner's suite. Marvel in the character and updates, as you walk around the kitchen, laundry area, master bedroom and bathroom, dining room, living room, half bathroom and additional bonus room- which does fit a single bed. Above, there are three other 1 bedroom and 1 bathroom apartments with a shared entranceway separate from the first floor entrance. The basement is unfinished but is accessible from this hallway. The second floor has two apartments and the other is on the 3rd floor. Two of these apartments have long term tenants and are month to month. Tenants currently pay $775. The home had a new roof installed in 2021 and the garage/shop roof was redone in 2020. The apartments on the second and third floor were updated. The current tenant's rent is below the average in the area and the owner occupants ran their business from the property. There is room for a new owner to rent out the first floor apartment and/or the office and garages for more income generation. 1113 Lafayette Ave, Prospect Park 19076 is the postal address for all the apartments.