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Key Details
Sold Price $480,000
Property Type Multi-Family
Sub Type Detached
Listing Status Sold
Purchase Type For Sale
Square Footage 1,180 sqft
Price per Sqft $406
MLS Listing ID PABU523454
Sold Date 04/30/22
Style Converted Dwelling
HOA Y/N N
Abv Grd Liv Area 1,180
Originating Board BRIGHT
Year Built 1943
Annual Tax Amount $10,801
Tax Year 2021
Lot Size 0.275 Acres
Acres 0.28
Lot Dimensions 50.00 x 240.00
Property Description
This property has great cash value, single home w 5 rental units, and 32 by 48 commercial metal building Commercial zoning ( C3 mixed use) Commercial building is currently rented at $1,200 well below market value....should be between $1,750 and $2,000 per month Building has office, 2 baths, and high ceilings current usage auto repair, separate heat water and sewer Please see Morrisville Borough zoning list for which this property has a variety of uses. Each of 5 tenants pay all their own utilities Annual rental income from apartments is $38,280 Annual rental for commercial building is $ 14,400 (well below market) Gross rental $ 52,680
Location
State PA
County Bucks
Area Morrisville Boro (10124)
Zoning C3
Rooms
Basement Full
Interior
Hot Water Electric
Heating Hot Water, Forced Air, Baseboard - Electric
Cooling None
Heat Source Electric, Oil
Exterior
Water Access N
Accessibility None
Garage N
Building
Lot Description Level, Open
Sewer Public Sewer
Water Public
Architectural Style Converted Dwelling
Additional Building Above Grade, Below Grade
New Construction N
Schools
School District Morrisville Borough
Others
Tax ID 24-006-024
Ownership Fee Simple
SqFt Source Assessor
Special Listing Condition Standard
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Bought with Michael W O'Neil • BHHS Fox & Roach -Yardley/Newtown
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