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Key Details
Sold Price $600,000
Property Type Commercial
Sub Type Detached
Listing Status Sold
Purchase Type For Sale
Square Footage 3,723 sqft
Price per Sqft $161
Subdivision Not In Development
MLS Listing ID 725098
Sold Date 10/27/23
Bedrooms 6
Full Baths 4
Year Built 2012
Annual Tax Amount $6,438
Lot Size 8,233 Sqft
Property Description
OFFER DEADLINE EXTENDED TO NOON, MONDAY, OCTOBER 9TH! FABULOUS INVESTMENT OPPORTUNITY! This 3-unit investment property has a great cash flow, is modern and beautifully-maintained and fully-occupied. Three townhouse-style apartments featuring modern hickory kitchens w/recessed lighting, stainless steel glasstop ranges and refrigerators, modern bathrooms w/oak vanities, two bedrooms (both with walk-in closets). Unit C has a finished lower level w/kitchenette, large family room w/electric fireplace, an office/den and another full bath. Each unit has a paver patio divided by a privacy fence and a cozy rear courtyard. Three-car garage is in use by landlord, but could be additional rental income. Paver parking area in front. Each unit has its own heatpump and hot water heater. Landlord pays water and septic pumping and partial electric for just the lower level and garage of Unit C; tenants for units A and B pay their own electric. Building has sprinkler system. Palisades School District. Located is the quaint Upper Bucks river town of Riegelsville, but this property is NOT in the flood plain.
Location
State PA
County Bucks
Area Riegelsville
Interior
Cooling Central AC
Exterior
Parking Features Garage, Paved Lot
Garage Spaces 6.0
Building
Story 2.0
Sewer Drainfield, Septic
Water Community, Public
New Construction No
Schools
School District Palisades
Others
Financing Cash,Conventional
Special Listing Condition Not Applicable
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Bought with RE/MAX 440