403 Washington Avenue #7, Sellersville Boro, PA 18960 (MLS # 730408)
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Fully occupied with $109K Actual Gross, $93,903 Actual Net, 8% CAP @ asking. Owners invested over $400K to completely rehab and update this cash-flowing, turnkey, 7-unit multi-family, located in coveted Bucks County on a corner lot with a private backyard including 8 parking spaces and sold with a CLEAR Certificate of Occupancy issued by the city. 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. Acceptable offers within 10% of the asking price at or above $1,100,000 will be presented to the seller and will have serious consideration if within reasonable terms. NOTE - The owners love this property but live 1.5 hours away and due to the distance, they are selling to the lucky buyer.
| DAYS ON MARKET | 118 | LAST UPDATED | 1/12/2024 |
|---|---|---|---|
| TRACT | Not in Development | YEAR BUILT | 1900 |
| COMMUNITY | Sellersville | COUNTY | Bucks |
| STATUS | Active | PROPERTY TYPE(S) | Multi Family |
| School District | Not Applicable |
|---|
| ADDITIONAL DETAILS | |
| AREA | Sellersville |
|---|---|
| CONSTRUCTION | Brick, Stone |
| EXTERIOR | Balcony |
| LOT | 0.314 acre(s) |
| LOT DIMENSIONS | 98X139 |
| SEWER | Public Sewer |
| STORIES | 2 |
| SUBDIVISION | Not in Development |
| TAXES | 4997 |
| WATER | Public |
| ZONING | residential |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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*Estimate only
Listed with EXP Realty LLC
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Data last updated: 5/9/24 3:38 AM PDT
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