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Key Details
Sold Price $450,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 3,100 sqft
Price per Sqft $145
MLS Listing ID 1002736040
Sold Date 08/26/16
Style Other
HOA Y/N N
Abv Grd Liv Area 3,100
Originating Board TREND
Year Built 1850
Annual Tax Amount $6,337
Tax Year 2016
Lot Size 11.070 Acres
Acres 5.2
Lot Dimensions 400 X IRR
Property Description
Historic Bucks County Stone farmhouse with charming guest cottage and barn. Owner currently occupies this 3100 sf, 4 Bedroom farmhouse. It has rented in the past for as much as $2,300 a month. Guest cottage is quite large with over 2000 sf of living space, 2 bedrooms, 2 full baths, galley kitchen, walk in fireplace, large living and dining rooms, private parking area. This property is rented to current tenants for $1,000 a mo for the past five years. Owner has not raised the rent but it has rented for as much as $1350 a month. Projected gross rent at over $36,000 a year. Taxes are very low. Quiet country lane with private parking and large attractive stone bank barn. Owner has installed a new $45,000 septic system approved for total of 7 Bedrooms. Great opportunity to live in one unit and have the other supplement mortgage. $1,000 rent carries approximately $200,000 in mortgage payments Second appointment and 24 hours advance notice required to view the smaller unit.
Location
State PA
County Bucks
Area Nockamixon Twp (10130)
Zoning RA
Direction Southeast
Rooms
Other Rooms Primary Bedroom
Basement Full, Unfinished
Interior
Hot Water Electric
Heating Oil, Propane, Hot Water
Cooling None
Flooring Wood, Fully Carpeted
Fireplace N
Heat Source Oil, Bottled Gas/Propane
Laundry Hookup
Exterior
Utilities Available Cable TV Available
Waterfront N
Roof Type Pitched,Shingle
Accessibility None
Parking Type None
Garage N
Building
Foundation Stone
Sewer On Site Septic
Water Well
Architectural Style Other
Additional Building Above Grade
New Construction N
Schools
Elementary Schools Durham-Nockamixon
Middle Schools Palisades
High Schools Palisades
School District Palisades
Others
Tax ID 30-003-009
Ownership Fee Simple
Acceptable Financing Conventional
Listing Terms Conventional
Financing Conventional
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