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Key Details
Sold Price $520,000
Property Type Multi-Family
Sub Type Interior Row/Townhouse
Listing Status Sold
Purchase Type For Sale
Square Footage 4,544 sqft
Price per Sqft $114
Subdivision None Available
MLS Listing ID PABU2003914
Sold Date 09/17/21
Style Colonial,Farmhouse/National Folk
HOA Y/N N
Abv Grd Liv Area 4,544
Originating Board BRIGHT
Year Built 1923
Annual Tax Amount $5,626
Tax Year 2021
Lot Size 0.260 Acres
Acres 0.26
Lot Dimensions 93.00 x 122.00
Property Description
Incredible investor opportunity. LIVE in one of the units and lease out the other three units OR lease out ALL FOUR. One unit vacant because it was being updated. Other three have tenants and are occupied. Beautifully maintained and updated 4 town house unit property located in the adorable and historic borough of Riegelsville. Incorporated in 1916, "Riegelsville Borough is a small riverfront town in upper Bucks County. It has a rich economic history rooted in farming, manufacturing, and transportation. From its beginnings in the 18th century until the early 20th century, the town has served as a key crossing point across the Delaware River, as a stopping area along the Delaware Canal, and as a center for paper milling. Traditionally, the borough's commercial district has been at the heart of the town's economic activity, providing the necessary supporting goods and services for both residents and businesses." More history: "Incorporated in 1916, Riegelsville Borough is located on land formerly belonging to Durham Township. It's history is closely tied to the Durham Iron Works. Tobias Worman served as the first postmaster beginning in 1847. Settlement began around 1774 when Wendel Schenk purchased land from the Penns' Lieutenant Governor James Hamilton. Schenk either built or improved a Ferry across the Delaware, and the area became known as Schenk's Ferry. Sometime later, the land was acquired by Benjamin Riegel, a farmer, through a sheriff's sale. Thereafter the village was known as Riegelsville. The ferry was abandoned with the opening of a bridge in 1837. It was damaged by the flood of 1903 and had to be replaced by what is still current, a wire suspension bridge built by the Roebling steelworks.
At the close of the 19th century, through sometime in the 1920s, Riegelsville was a terminus of the Quakertown Eastern railroad, a 12-station line originated in Quakertown about 1896."
Location
State PA
County Bucks
Area Riegelsville Boro (10138)
Zoning R
Rooms
Basement Full
Interior
Interior Features Kitchen - Eat-In
Hot Water Oil
Heating Baseboard - Hot Water, Heat Pump - Oil BackUp
Cooling Window Unit(s)
Flooring Ceramic Tile, Wood
Fireplace N
Heat Source Oil
Exterior
Water Access N
Roof Type Asphalt
Accessibility None
Garage N
Building
Lot Description Level, Not In Development, Rear Yard
Sewer On Site Septic
Water Public
Architectural Style Colonial, Farmhouse/National Folk
Additional Building Above Grade, Below Grade
New Construction N
Schools
School District Palisades
Others
Tax ID 38-006-140
Ownership Fee Simple
SqFt Source Assessor
Special Listing Condition Standard
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Bought with Audrey Fannon • Iron Valley Real Estate Doylestown