For more information regarding the value of a property, please contact us for a free consultation.
Key Details
Sold Price $487,500
Property Type Single Family Home
Sub Type Twin/Semi-Detached
Listing Status Sold
Purchase Type For Sale
Square Footage 2,591 sqft
Price per Sqft $188
MLS Listing ID PABU2055146
Sold Date 12/15/23
Style Contemporary
Abv Grd Liv Area 2,591
Originating Board BRIGHT
Year Built 1987
Annual Tax Amount $5,819
Tax Year 2022
Lot Size 51 Sqft
Lot Dimensions 43.00 x
Property Description
Exceptional and unique investment opportunity in the heart of Langhorne, Pennsylvania. This tastefully updated and meticulously maintained duplex at 138-140 Sandybrook Drive offers an attractive rental income and return on investment. The property boasts a charming curb appeal, with well-kept landscaping and a welcoming facade. Both units offer thoughtfully designed layouts that maximize space and functionality. Each unit features an open living area that seamlessly flows into a dining space and kitchen, creating a comfortable environment for occupants. The interiors are equipped with modern amenities, ensuring the comfort and convenience of tenants. These amenities may include updated kitchens with stainless steel appliances, contemporary fixtures, ample storage, and more. This unit is being sold as part of a package of 3 other duplexes. 134-136 Sandybrook, 130-132 Sandybrook and 142-144 Sandybrook, There are 8 doors in total and 2 buildings. The duplex consist of a 2 bedroom 1 bath on the 1st floor and the 2nd floor consists of a 3 bedroom 1 bath and has access to the garage. Each unit has newer windows and sliders. Most have newer flooring. The heating and water heaters are gas fired. Currently the the tenants pay their share of water, sewer and trash along with their electric, gas and any cable/data. Landlord has the responsibility of grass cutting. Current annual gross income from the 8 units is $167,400. The current rental income is fair but still could be increased substantially . All units are occupied mostly long term tenants in place. Terrific 1031 Exchange opportunity for that savvy investor!! With a strong rental market in Langhorne and the surrounding areas, this duplex offers attractive potential for consistent rental income. Investors can benefit from the stability of the rental market and the long-term growth potential of real estate. Location is convenient to all kinds of shopping, major roads, mass transit, regional rail and bridges to New Jersey. Making this asset very marketable and tenant friendly. Don't miss the chance to capitalize on this exceptional real estate opportunity. Showings are Saturday 8/19/23 10:30am-1pm. Monday 8/21/23 5-7pm. Tuesday 8/22/23 5-7pm
Location
State PA
County Bucks
Area Middletown Twp (10122)
Zoning AO
Interior
Hot Water Natural Gas
Heating Forced Air
Cooling Central A/C
Heat Source Natural Gas
Exterior
Garage Garage - Front Entry
Garage Spaces 1.0
Waterfront N
Water Access N
Accessibility None
Parking Type Attached Garage, Driveway, On Street
Attached Garage 1
Total Parking Spaces 1
Garage Y
Building
Foundation Slab
Sewer Public Sewer
Water Public
Architectural Style Contemporary
Additional Building Above Grade, Below Grade
New Construction N
Schools
School District Neshaminy
Others
Tax ID 22-049-430
Ownership Fee Simple
SqFt Source Assessor
Special Listing Condition Standard
Read Less Info
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
Bought with Howard Gottlieb • Keller Williams Real Estate-Langhorne