For more information regarding the value of a property, please contact us for a free consultation.
Key Details
Sold Price $550,000
Property Type Multi-Family
Sub Type Detached
Listing Status Sold
Purchase Type For Sale
Square Footage 4,349 sqft
Price per Sqft $126
MLS Listing ID PABU516658
Sold Date 04/27/21
Style Other
HOA Y/N N
Abv Grd Liv Area 4,349
Originating Board BRIGHT
Year Built 1850
Annual Tax Amount $6,181
Tax Year 2021
Lot Size 1.797 Acres
Acres 1.8
Lot Dimensions 0.00 x 0.00
Property Description
This 6 unit multifamily property consists of 2 buildings on 1.8 acres bordering the Perkiomen Creek in Sellersville. All units are currently rented, generating $69,504 of rental income annually (NOI $47,968). Unit counts include one 3BR, three 2BR, and two 1BR units (3 units in each building). The farmhouse has oil heat (S/W hook-up) and is included in tenant rent; the 2nd building has electric baseboard heat. All units are separately metered for electric. The property is serviced by public water and sewer. Ample parking is available for all tenants (approx. 15 spots). There are two out buildings, one small garage and a 40' trailer for additional storage. Landlord currently maintains the grounds and pays INS, RET's, trash, water/sewer, oil for farmhouse and other miscellaneous expenses (approx. $18,061 annually). Additional information is available upon request.
Location
State PA
County Bucks
Area West Rockhill Twp (10152)
Zoning SR
Rooms
Basement Full
Interior
Hot Water Electric, Oil
Heating Radiator, Baseboard - Electric
Cooling None
Heat Source Oil, Electric
Exterior
Exterior Feature Patio(s)
Water Access N
Accessibility None
Porch Patio(s)
Garage N
Building
Lot Description Backs to Trees, Level, Stream/Creek
Sewer Public Sewer
Water Public
Architectural Style Other
Additional Building Above Grade, Below Grade
New Construction N
Schools
High Schools Pennrdige
School District Pennridge
Others
Tax ID 52-010-184-001
Ownership Fee Simple
SqFt Source Assessor
Acceptable Financing Cash, Conventional, Other
Listing Terms Cash, Conventional, Other
Financing Cash,Conventional,Other
Special Listing Condition Standard
Read Less Info
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
Bought with Christopher P Hennessy • EXP Realty, LLC
GET MORE INFORMATION