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Key Details
Sold Price $525,000
Property Type Multi-Family
Sub Type Detached
Listing Status Sold
Purchase Type For Sale
Square Footage 3,830 sqft
Price per Sqft $137
MLS Listing ID 1002627753
Sold Date 05/01/17
Style Other
HOA Y/N N
Abv Grd Liv Area 3,830
Originating Board TREND
Year Built 1928
Annual Tax Amount $9,237
Tax Year 2017
Lot Size 0.253 Acres
Acres 0.25
Lot Dimensions 80X138
Property Description
This is a rare opportunity for a corner, investment property that has long time tenants who are now month to month. This 6 unit positive cash flow property is located in Morrisville Boro on a quiet street close to major highways and shopping. The rents have room to grow and the desirable location is important to the rental aspects of the property. Even though there are two parcels, it is under one tax number. The buyer would have to investigate the possibility of sub division. The property has an open landscape, perfect for that open air feeling when you pull up as it is a large corner lot. The basement allows for storage and is accessable on both sides of the property. relax and enjoy this one of a kind investment property for that investor who wants a turn key business. Buy this property now and you won't be sorry later. Good investment properties are hard to come by!
Location
State PA
County Bucks
Area Morrisville Boro (10124)
Zoning R2A
Rooms
Other Rooms Primary Bedroom
Basement Full, Outside Entrance
Interior
Interior Features Ceiling Fan(s)
Hot Water Natural Gas
Heating Oil, Radiator
Cooling Wall Unit
Flooring Fully Carpeted
Fireplace N
Window Features Replacement
Heat Source Oil
Laundry None
Exterior
Utilities Available Cable TV Available
Waterfront N
Water Access N
Roof Type Flat,Pitched
Accessibility None
Parking Type On Street
Garage N
Building
Foundation Concrete Perimeter
Sewer Public Sewer
Water Public
Architectural Style Other
Additional Building Above Grade
New Construction N
Schools
School District Morrisville Borough
Others
Tax ID 24-009-123
Ownership Fee Simple
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Bought with Robbie A Johnson • Long & Foster Real Estate, Inc.