403 Washington Avenue, Sellersville Boro, PA 18960 (MLS # 757526)
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This stunning, fully occupied, cash-flowing, turnkey, 7-unit multifamily fuels $112,800 in VERIFIED gross income and $99,453 in net income, commanding a 7%+ cap with no work to do for the lucky buyer. Sellers have completely renovated the property, which is the neighborhood's shining gem, with a construction investment of roughly $500K to rehab and update the entire building from roof to basement. 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. NEW LAUNDRY - 2 brand-new coin-operated washer/dryers for the tenants have just been installed. 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, next to Grandview Hospital, less than an hour from Philly, 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. NOTE - The owners love this property and poured their hearts into the renovations. They are selling to the lucky buyer. One of the sellers is a licensed RE agent. The same seller has a few other multi-families to sell in Allentown.
| DAYS ON MARKET | 15 | LAST UPDATED | 5/15/2025 |
|---|---|---|---|
| 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 | 3 |
| 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: 5/30/25 2:01 AM PDT
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