$510,000
$475,000
7.4%For more information regarding the value of a property, please contact us for a free consultation.
3,500 SqFt
SOLD DATE : 09/15/2023
Key Details
Sold Price $510,000
Property Type Multi-Family
Sub Type Detached
Listing Status Sold
Purchase Type For Sale
Square Footage 3,500 sqft
Price per Sqft $145
MLS Listing ID PABU2054952
Sold Date 09/15/23
Style Other
Abv Grd Liv Area 3,500
Originating Board BRIGHT
Year Built 1885
Annual Tax Amount $6,296
Tax Year 2023
Lot Size 0.772 Acres
Acres 0.77
Lot Dimensions 111.00 x 303.00
Property Description
INVESTOR SPECIAL! Great opportunity to turn sweat equity into great monthly income! 4-Apartments, 3-Garage Spaces, plenty of parking. The front house has two apartments, #1 and #2. Back building has two upstairs apartments, #3 and #4. Each apartment needs Major Renovation. Back building has three separate garage spaces (two are oversized bays) to provide for tenants or to rent for additional income. One of the garages has a bathroom and kitchen area, was used in the past as a studio apartment. Large backyard behind the back building. Apartment #1 is on the main level and is accessed through charming front sun porch and has 2-beds, 1-bath. Apartment #2, can be accessed through front sun porch or back steps, is upstairs and provides 2-beds, 1-bath and bonus attic space with extra rooms (currently there is no heat in attic space). Basement can be accessed through Apartment #1 or from the exterior and houses utilities, electric panels, and laundry area. The back building (39A) provides garages on the ground level, access door to apartments on ground level and upstairs to Apartment #3 with 2-beds, 1-bath. Upstairs, across the hall, is Apartment #4, two levels with 2-beds, 1-bath on first level and additional bedroom or living space upstairs. The back building also provides a laundry area and houses three newer electrical panels. Property being sold in AS-IS condition. Driveway is shared between 37 & 39 Hilltown Pike. 39 Hilltown Pike is on the right side of the shared driveway. The property is zoned for four apartments. This is an estate sale. All units are currently unoccupied. This property is convenient to shopping, restaurants, industry, transportation including Septa Regional Rail. Come take a look at the potential of this property. It will be a charming, excellent income producing property once restored. Square footage in Public Records does not include second building.
Location
State PA
County Bucks
Area Hilltown Twp (10115)
Zoning VC
Rooms
Basement Connecting Stairway, Outside Entrance, Unfinished
Interior
Hot Water Electric
Heating Radiator
Cooling None
Heat Source Electric
Exterior
Garage Additional Storage Area, Inside Access
Garage Spaces 5.0
Waterfront N
Water Access N
Accessibility None
Parking Type Detached Garage, Driveway, Off Street
Total Parking Spaces 5
Garage Y
Building
Lot Description Rear Yard, Road Frontage
Foundation Other
Sewer Public Sewer
Water Well
Architectural Style Other
Additional Building Above Grade, Below Grade
New Construction N
Schools
School District Pennridge
Others
Tax ID 15-033-016
Ownership Fee Simple
SqFt Source Assessor
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash,Conventional
Special Listing Condition Standard
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Bought with Henry Clay Rutledge • Very Good Real Estate Co.