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403 WASHINGTON AVENUE
SELLERSVILLE PA 18960 US

$1,100,000

Active Listing ID PABU2082414
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Lot: 0.31 Acres
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Other

$1,100,000

Active Listing ID PABU2082414
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403 WASHINGTON AVENUE Best in show & location - This fully occupied, cash-flowing, turnkey, 7-unit multifamily fuels $112, 800 in VERIFIED gross income and $99, 453 in net income while standing at an 8.5% CAP rate at asking. Owners invested over $400K to completely rehab and update this stunning building in coveted Bucks County on a corner lot with a private backyard, including ten parking spaces. The city recently gave you a CLEAR Certificate of Occupancy, which limits your expenses. Upgrades include Re-pointed Brick, 25+ NEW windows, new electric, new flooring, fresh paint, and brand-new baseboard heaters installed in all units, an updated roof, all-new electric water heaters, and completely remodeled kitchens, BRs, living areas, and bathrooms. All newer appliances, some stainless. There are five (5) large 1BR/1BA units, one (1) 2BR/1BA, and one (1) very large, 3-story 3BR/2BA. All brand new, clean, friendly tenants that love the rebranding of this property and have 1-year leases. This property is located in Bucks County and within a quiet residential neighborhood with half-million-dollar homes. Minutes away from highways, shopping, and located near a police station and a church. NOTE - The owners love this property and poured their hearts into the renovations, but they live 1.5 hours away, and due to the distance, they are selling to the lucky buyer. One of the sellers is a licensed RE agent

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Property Features

  • Facts
  • Lot Size: 0.31 Acres
  • Property Type: Commercial Sale
  • Property Sub-type: Other
  • Features
  • Cooling System: Window Unit(s) A/C
  • Heating Fuels: Baseboard

Property

  • propertytype: Commercial Sale
  • propertysubtype: Other
  • listprice: 1100000
  • unparsedaddress: 403 WASHINGTON AVENUE
  • postalcity: SELLERSVILLE
  • stateorprovince: PA
  • country: US
  • postalcode: 18960
  • bathroomsfull: 0
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeacres: 0.31
  • lotsizeunits: Acres
  • lotsizearea: 0.31
  • livingarea: 0
  • livingareaunits: Square Feet
  • latitude: 40.362812
  • longitude: -75.315498
  • listagentfullname: james Reardon
  • listagentemail: jimjrreardon@gmail.com
  • listagentkey: 3yd-TRENDPA-3313981
  • listagentmlsid: 3313981
  • listagentpreferredphone: 4438642772
  • listagentofficephone: 8883977352
  • listofficekey: 3yd-TRENDPA-EXPCOMM1
  • listofficemlsid: EXPCOMM1
  • disclaimer: Copyright © 2024 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: TRENDPA
  • yearbuilt: 1880
  • listingcontractdate: 2024-10-29
  • listagenturl: https://de.exprealty.com/
  • countyorparish: BUCKS
  • cooling: Window Unit(s) A/C
  • heating: Baseboard
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 0
  • parkingtotal: 11
  • waterfrontyn: False
  • interiorfeatures: 2+ Access Exits
  • architecturalstyle: Other
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: True
  • internetconsumercommentyn: True
  • location: -75.3155, 40.362812
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"EXP Realty, LLC", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"jimjrreardon@gmail.com", "ListBrokerageCity":"Dover", "ListBrokerageCountry":"US", "ListBrokerageEmail":"lisa.lowe@exprealty.net", "ListBrokerageLogoUrl":"http://brokerlogos.listhub.net/TRENDPA/9ba39041ac2411eb87ce0242ac110007/20210603120909125.png", "ListBrokerageName":"EXP Realty, LLC", "ListBrokeragePhone":"(443) 864-2772", "ListBrokeragePostalCode":"19901", "ListBrokerageStateOrProvince":"DE", "ListBrokerageUnitNumber":null, "ListBrokerageUnparsedAddress":"144 Kings Highway, Suite 301", "ListBrokerageWebsiteUrl":"https://de.exprealty.com/", "ListOfficeAddress1":"630 Freedom Business Ctr DRIVE N", "ListOfficeAddress2":"300", "ListOfficeBrokerMlsId":null, "ListOfficeCity":"King of Prussia", "ListOfficeCountry":"US", "ListOfficeEmail":"lisa.lowe@exprealty.net", "ListOfficePostalCode":"19406", "ListOfficeStateOrProvince":"PA", "ListPriceCurrencyType":"USD", "ListingTitle":"Commercial - SELLERSVILLE, PA", "ListingURL":"https://listings.listhub.net/pages/TRENDPA/PABU2082414/?channel=rexren", "MLSModificationTimestamp":"2024-11-23T10:17:53Z", "Neighborhoods":[{"Description":null, "Name":"SELLERSVILLE BORO"}], "PostalCode":null, "RoomCount":null, "StateOrProvince":null, "Taxes":[{"TaxAnnualAmount":4996, "TaxDescription":null, "TaxYear":null}], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 11/23/2024 5:14:15 PM GMT
Source Updated Date: 11/26/2024 6:52:36 AM GMT

Courtesy of: james Reardon, eXp Commercial, jimjrreardon@gmail.com

Copyright © 2024 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.