New Hope, PA 18938,43 W FERRY ST
New Hope, PA 18938,43 W FERRY ST
New Hope, PA 18938,43 W FERRY ST
New Hope, PA 18938,43 W FERRY ST
New Hope, PA 18938,43 W FERRY ST
New Hope, PA 18938,43 W FERRY ST
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$775,000

$749,900

3.3%
Est.Price: ?

For more information regarding the value of a property, please contact us for a free consultation.

Est. payment /mo

1,194 SqFt


SOLD DATE : 04/27/2022

Key Details

Sold Price $775,000

Property Type Multi-Family

Sub Type Detached

Listing Status Sold

Purchase Type For Sale

Square Footage 1,194 sqft

Price per Sqft $649

MLS Listing ID PABU2021282

Sold Date 04/27/22

Style Other,Unit/Flat,Traditional

Abv Grd Liv Area 1,194

Originating Board BRIGHT

Year Built 1800

Annual Tax Amount $4,657

Tax Year 2022

Lot Size 1,254 Sqft

Acres 0.03

Lot Dimensions 19.00 x 66.00

Property Description

In the heart of New Hope Borough, sits 43 West Ferry Street. This Village "Row" house has been renovated into 3 apartments. This desirable location, within walking distance to restaurants, the playhouse, galleries and the River, allows apartment seekers a great opportunity. The building has newly renovated kitchens, roof, painting to name a few. The home backs to the Aquetong Creek, which flows throughout the Borough, is the perfect site for lounge chairs and star gazing. This investment property will only grow in value as evidenced by the tremendous growth in Town.

Descriptions of units...
Apartment A (Top floor - entry is on the side)
One Bedroom - Separate living room and kitchen as well, washer and dryer, dishwasher. Fantastic Light, Small bath.
Rent - $1355 / month. Single person - 3rd year of his lease with us. Fantastic tenant.

Apartment B (Front, Ground-level - Entry is in front, on Ferry)
One bedroom, separate living room, kitchen, and bedroom, washer and dryer, dishwasher
New kitchen cabinets, stove, microhood.
Tall ceilings, views of Aquetong Creek from bedroom windows and Ferry Street from the living room.
Rent - $1700 / month. New Single Tenant who just renewed for an additional 6 months. Also a fantastic tenant.

Apartment C (Bottom floor, accessed at bottom of staircase alongside bridge)
Small apartment, with separate bedroom area.
Newer kitchen, new pergo, washer and dryer, new range.
Has a backyard of the Aquetong Creek
Was rented for $1750, tenant just vacated, Listed 2 days ago at $1850 by the owners.

Utilities are electric and completely separate.

Total monthly rent roll - $4555.
Annual - $54660 (Rents when the owners purchased it three years ago, were about $35,000).

Taxes About $4K
Insurance About $3K


***Special Note: All showings will require at least 24 hours notice .

Location

State PA

County Bucks

Area New Hope Boro (10127)

Zoning CC

Interior

Hot Water Electric

Heating Heat Pump - Electric BackUp

Cooling Window Unit(s)

Fireplaces Number 1

Heat Source Electric

Exterior

Waterfront N

Water Access N

Accessibility None

Parking Type None

Garage N

Building

Foundation Concrete Perimeter

Sewer Public Sewer

Water Public

Architectural Style Other, Unit/Flat, Traditional

Additional Building Above Grade, Below Grade

New Construction N

Schools

School District New Hope-Solebury

Others

Tax ID 27-010-069-001

Ownership Fee Simple

SqFt Source Assessor

Special Listing Condition Standard

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Bright MLS (BMLS)
Listed by Arthur Mazzei • Addison Wolfe Real Estate
Bought with James Maroldi • River Valley Properties
agent-avatar

+1(240) 290-0830

leisel@leiseltaylor.com

800 Maine Ave SW, Suite 200 Washington 20024

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