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19020 (Bensalem, PA)

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1045 Bristol Pike Bensalem, PA 19020
Courtesy Of Bucks County Regional Realty LLC, Keller Williams Real Estate
MLS# 6644254
Attention Investors: Don't miss this rare opportunity to purchase a 4 unit multi-family property located in Bensalem Township. This is a unique property with great numbers, low taxes, and priced to provide an excellent Cap. Rate of over 9%. And that is based on REAL numbers with ALL expenses included in the calculation. I have personally owned this property for the past 8 years and have very accurate expense records. We have invested well over $80,000 into the property over that time converting all of the units to separate utilities with heat pumps and central Air, and renovating three of the 4 apartments. Two of the apartments were renovated in the past year and were taken down to the studs and rebuilt with everything new including wiring, plumbing, etc. These two apartments have been renovated to attract high quality tenants and feature custom tile bathrooms, granite kitchens, etc. a third unit was renovated 8 years ago and the 4th remains mostly original, but in good condition. This property is also zoned Commercial for unlimited possibilities. Located very close to public transportation and shopping. Additional information available upon request. Even if financed (25% down), this property would still have a positive cash flow of over $11,000/year. Financing is available to qualified buyers. This is a home run you will want to add to your portfolio
Age: Over 50 Years Old
Amenities: Basement
Architecture Style: Other
Cooling System: Central A/C
Exterior Type: Stucco
Floor Covering: Brick, Carpet - Full, Laminate, Tile, Vinyl, Wood
Heating System: Forced Air
Lot Size: 0.27 Acres
Roof Type: Unknown
Rooms: Basement
MLS# 6325632
Custom built triplex. Third unit is currently used as the owners office. Could be added to the 1 br unit or made an efficiency or kept as an office. Footer for another building already in place. Could be another Duplex.
Age: 21-30 Years Old
Architecture Style: Other
Cooling System: None
Exterior Type: Stucco, Vinyl Siding
Heating Fuel: Electric
Lot Size: 0.17 Acres
Roof Type: Unknown

19020 (Bensalem, PA) Real Estate & Homes for Sale - 2 Listings Found

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