Bristol, PA 19007,559 BATH ST
Bristol, PA 19007,559 BATH ST
Bristol, PA 19007,559 BATH ST
Bristol, PA 19007,559 BATH ST
Bristol, PA 19007,559 BATH ST
Bristol, PA 19007,559 BATH ST
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$377,500

$390,000

3.2%
Est.Price: ?

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Est. payment /mo

3,152 SqFt


SOLD DATE : 11/20/2018

Key Details

Sold Price $377,500

Property Type Single Family Home

Sub Type Twin/Semi-Detached

Listing Status Sold

Purchase Type For Sale

Square Footage 3,152 sqft

Price per Sqft $119

MLS Listing ID 1002107236

Sold Date 11/20/18

Style Other,Converted Dwelling

HOA Y/N N

Abv Grd Liv Area 3,152

Originating Board TREND

Year Built 1860

Annual Tax Amount $5,105

Tax Year 2018

Lot Size 7,440 Sqft

Acres 0.17

Lot Dimensions 24X310

Property Description

TURNKEY APARTMENT BUILDING FOR SALE - SVN Ahia Commercial Real Estate is pleased to extend the opportunity for investors to purchase 559 Bath Street, a fully occupied 4-unit apartment building located in one of Bucks County's most up-and-coming sub-markets. This turn key investment has been owned and managed by long-term local owners for over 30+ years. With no immediate capital needs, this offering provides a new owner excellent day-1 cashflow, while still presenting a variety of easily-executable value-add opportunities. Current ownership has invested a significant amount of capital into upgrading and maintaining the building over its 30+ years of ownership. Improvements within the last 5 years include a new roof, water heater, chimney stack, oil tank (above ground), sidewalk replacement, sewer lines, and various upgrades throughout the interior apartments. This investment is easy to maintain, offers some of the largest apartments in the market, has no deferred maintenance or immediate capital needs, and provides a significant value-add opportunity to a new owner. Immediate value-add propositions include long term tenants with below market rents, an opportunity to convert oil heat to sub-metered electric (billed to tenants), and future garage/parking income. Located in historic Bristol Borough, a booming market nationally recognized as the "2017 Small Business Revolution" winner, the building is just a few steps to Mill Street and all the best dining, shopping, and entertainment options. Within walking distance to the Bristol Train Station, regional rail service provides an easy commute to Central/Northern NJ, Philadelphia, and many suburban employment hubs. Additionally, direct access to I-95, I-276 (PA Turnpike), and I-295 make the area a prime location.

Location

State PA

County Bucks

Area Bristol Boro (10104)

Zoning R2

Direction South

Rooms

Other Rooms Primary Bedroom

Basement Full, Unfinished

Interior

Interior Features Ceiling Fan(s)

Hot Water Natural Gas

Heating Oil

Cooling Wall Unit

Flooring Wood, Laminated

Fireplace N

Window Features Replacement

Heat Source Oil

Laundry Washer In Unit, Dryer In Unit

Exterior

Fence Other

Utilities Available Cable TV Available

Waterfront N

Water Access N

Roof Type Pitched,Shingle

Accessibility None

Parking Type On Street, Parking Lot

Garage N

Building

Sewer Public Sewer

Water Public

Architectural Style Other, Converted Dwelling

Additional Building Above Grade

New Construction N

Schools

Elementary Schools Snyder - Girotti

High Schools Bristol Middle -

School District Bristol Borough

Others

Tax ID 04-008-207

Ownership Fee Simple

Acceptable Financing Conventional, FHA 203(b)

Listing Terms Conventional, FHA 203(b)

Financing Conventional,FHA 203(b)

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Bright MLS (BMLS)
Listed by Antonio DiCianni • SVN-Ahia Commercial Real Estate
Bought with Antonio DiCianni • SVN-Ahia Commercial Real Estate
agent-avatar

+1(240) 290-0830

leisel@leiseltaylor.com

800 Maine Ave SW, Suite 200 Washington 20024

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