Welcome to 531 Chester Pike! A mixed use commercial building with a fully operable nail salon and a residential unit. First unit is New City Nails II, a nail salon with a business license ending in June 2024. The owner will be selling the business including the nail equipments. Second unit above the salon is currently rented out to a family with a lease is another positive aspect. This means that there is already a steady rental income stream associated with the property. Upstairs is a studio with a spacious living room, kitchen, 1 full bathroom and 2 bedroom. The property's convenient location near I-95 is a significant advantage, providing easy access to nearby cities and attractions. Donât miss this fantastic opportunity!
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!
Delaware County Mixed-Use Property Investment This beautiful and historic property, built in 1877, and immaculately renovated throughout the 2000âs, consists of a 4-unit apartment building and a single-story commercial office, workshop, warehouse building, for a total of up to 7 units. (Office and shops can be divided) 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)
Prospect Park is located in Pennsylvania. Prospect Park, Pennsylvania has a population of 211. Prospect Park is more family-centric than the surrounding county with 22.73% of the households containing married families with children. The county average for households married with children is 18.27%.
The median household income in Prospect Park, Pennsylvania is $51,071. The median household income for the surrounding county is $40,402 compared to the national median of $57,652. The median age of people living in Prospect Park is 54.5 years.
The average high temperature in July is 82.2 degrees, with an average low temperature in January of 16 degrees. The average rainfall is approximately 43 inches per year, with 38.3 inches of snow per year.
