$1,010,000
$1,150,000
12.2%For more information regarding the value of a property, please contact us for a free consultation.
7,750 Sqft Lot
SOLD DATE : 09/01/2015
Key Details
Sold Price $1,010,000
Property Type Commercial
Listing Status Sold
Purchase Type For Sale
Subdivision New Hope
MLS Listing ID 1002564313
Sold Date 09/01/15
HOA Y/N N
Originating Board TREND
Year Built 1938
Annual Tax Amount $7,721
Tax Year 2015
Lot Size 7,750 Sqft
Acres 0.18
Lot Dimensions 50X155
Property Description
Fully occupied and thoroughly renovated building in downtown New Hope, featuring a longterm, street level office tenant and two upstairs apartments, 5 off-street parking spaces (3 for commercial tenant, one for each apartment), and fetching premium rents due to the full scale renovation by renowned local luxury builder George E. Michael circa 2006. All mechanicals, finishes, systems, etc are less than ten years young, no deferred maintenance or looming improvements to worry about as your money sits back and earns you a fine return versus the market. Photographs pre-date tenants, new photos coming soon.
Location
State PA
County Bucks
Area New Hope Boro (10127)
Zoning CC
Direction East
Rooms
Other Rooms Primary Bedroom
Interior
Hot Water Electric
Cooling Central A/C
Flooring Tile/Brick, Wood, Carpet
Fireplace N
Heat Source Electric
Exterior
Waterfront N
Water Access N
Roof Type Pitched,Shingle,Slate
Accessibility None
Road Frontage State
Parking Type Parking Lot
Garage N
Building
Foundation Concrete Perimeter
Sewer Public Sewer
Water Public
Structure Type Other
New Construction N
Schools
School District New Hope-Solebury
Others
Tax ID 27-010-021
Ownership Fee Simple
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Bought with Jesse M. Darlington • BHHS Fox & Roach-New Hope