$500,000
$499,900
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1,820 SqFt
SOLD DATE : 02/29/2024
Key Details
Sold Price $500,000
Property Type Single Family Home
Sub Type Twin/Semi-Detached
Listing Status Sold
Purchase Type For Sale
Square Footage 1,820 sqft
Price per Sqft $274
MLS Listing ID PABU2063048
Sold Date 02/29/24
Style Other
Abv Grd Liv Area 1,820
Originating Board BRIGHT
Year Built 1915
Annual Tax Amount $4,313
Tax Year 2022
Lot Size 9,600 Sqft
Acres 0.22
Lot Dimensions 64.00 x 150.00
Property Description
Welcome to a prime investment opportunity. This multifamily property presents a trifecta of potential income streams, featuring three distinct and spacious units. Whether you're an experienced investor or a first-time buyer looking to dip into the real estate market, this property offers a robust foundation for a lucrative rental portfolio.
The 1st unit is a sprawling 5-bedroom, 2.5 bathroom unit that provides an abundance of space for a large family or group living situation. The well-appointed bedrooms offer flexibility in room usage, while the two bathrooms ensure convenience and comfort. This unit is perfect for those seeking a generous living space with room to grow.
The second unit boasts 3 bedrooms and 1 bathroom, creating a cozy yet spacious living arrangement. Ideal for a smaller family or a group of professionals, this unit strikes the perfect balance between comfort and functionality.
The third unit is a charming 2-bedroom, 1-bath. This unit's design maximizes functionality while maintaining a warm and inviting ambiance.
This property offers a solid foundation for rental income. With three separate units, you have the flexibility to cater to different rental markets, thereby minimizing vacancy risks. The diverse unit sizes cater to a variety of tenant needs, attracting a broad tenant demographic.
Situated in the heart of Croydon this property enjoys proximity to key amenities such as schools, parks, shopping centers, and public transportation. The central location enhances the property's attractiveness to potential tenants, making it a wise investment in a growing community.
This property is not just a collection of units; it's an investment in the future. With a strong rental history and potential for increased rental income, this multi-unit property is a lucrative addition to any investment portfolio.
Don't miss out on this golden opportunity to own a well-maintained and income-generating property. Schedule a showing today and explore the endless possibilities this multi-unit gem has to offer.
Location
State PA
County Bucks
Area Bristol Twp (10105)
Zoning R3
Rooms
Basement Unfinished
Interior
Interior Features Carpet, Ceiling Fan(s), Combination Dining/Living
Hot Water Electric
Heating Baseboard - Electric, Baseboard - Hot Water, Forced Air
Cooling Ceiling Fan(s), Central A/C, Window Unit(s), Wall Unit
Fireplace N
Heat Source Electric, Natural Gas, Oil
Exterior
Waterfront N
Water Access N
Accessibility None
Parking Type Driveway, On Street
Garage N
Building
Foundation Concrete Perimeter
Sewer Public Sewer
Water Public
Architectural Style Other
Additional Building Above Grade, Below Grade
New Construction N
Schools
School District Bristol Township
Others
Tax ID 05-008-265.001
Ownership Fee Simple
SqFt Source Assessor
Special Listing Condition Standard
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Bought with Anne-Marie Tustin • Keller Williams Real Estate - Princeton
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "