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Buy a houseat 439 N PENNSYLVANIA AVENUE, MORRISVILLE, PA 19067

$225,000

$0/mo

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Multifamily

1,150 Sq. Ft.

3,484 Sq. Ft. lot

413 Days on market

PABU2044776 MLS ID

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About 439 N PENNSYLVANIA AVENUE house

Welcome to this fantastic multi-family property located in Morrisville, PA - a great investment opportunity for savvy investors! This two-unit property features one 2 - bedroom unit and one 1 - bedroom unit, providing a perfect opportunity for multi-generational families, roommates, or tenants with varying needs. Both units in the property are currently tenant occupied, offering an immediate stream of income for potential investors. 1st floor apartment currently paying $800/mo. Upstairs 2 BR paying $900/mo. Both tenants have leases up until 11-30-23. Each unit has separate metered gas and electric. Shared laundry in basement which, can be accessed from outside rear door. You may note that there are 3 gas meters and 3 electric meters. The 3rd gas meter is for hot water heater in basement, which is in need of replacement. This hot water heater is for the washer in basement. The 3rd electric meter is for clothes dryer, porch light and vestibule light. These items are paid for by the landlord. Property has central air. Tenants responsible for snow removal and lawn cutting as well as gutter cleaning. There is off street parking in the rear, which is accessed by an alleyway. This multi-family property is in a prime location in the Morrisville, with easy access to major highways, public transportation, and local amenities. With its attractive rental income, potential, this property is a great additional to any real estate investment portfolio. Don't miss the opportunity to invest in a multi-family property with a proven track record of rental income and a great location in Morrisville, PA. Contact us today to schedule a tour and discover all that this property has to offer!
Welcome to this fantastic multi-family property located in Morrisville, PA - a great investment opportunity for savvy investors! This two-unit property features one 2 - bedroom unit and one 1 - bedroom unit, providing a perfect opportunity for multi-generational families, roommates, or tenants with varying needs. Both units in the property are currently tenant occupied, offering an immediate stream of income for potential investors. 1st floor apartment currently paying $800/mo. Upstairs 2 BR paying $900/mo. Both tenants have leases up until 11-30-23. Each unit has separate metered gas and electric. Shared laundry in basement which, can be accessed from outside rear door. You may note that there are 3 gas meters and 3 electric meters. The 3rd gas meter is for hot water heater in basement, which is in need of replacement. This hot water heater is for the washer in basement. The 3rd electric meter is for clothes dryer, porch light and vestibule light. These items are paid for by the landlord. Property has central air. Tenants responsible for snow removal and lawn cutting as well as gutter cleaning. There is off street parking in the rear, which is accessed by an alleyway. This multi-family property is in a prime location in the Morrisville, with easy access to major highways, public transportation, and local amenities. With its attractive rental income, potential, this property is a great additional to any real estate investment portfolio. Don't miss the opportunity to invest in a multi-family property with a proven track record of rental income and a great location in Morrisville, PA. Contact us today to schedule a tour and discover all that this property has to offer!

Property details

Basement

Full

House

1,150 sqft living area

Built in 1925

Structure Type: Twin/Semi-Detached

2 units in building

Frame

Cooling

Central Air

Electric

Central A/C

Exterior Features

Sidewalks

Foundation

Block

Heating

Natural Gas

Forced Air

Listing

8 days on market

$196 per sqft

Property Sub Type: Duplex

Location

Municipality: MORRISVILLE BORO

County: Bucks

MLS Area: Morrisville Boro (10124)

Lot

3,300 sqft

Lot Size Dimensions: 22.00 x 150.00

0.08 acres

Property

Other Structures: Above Grade,Below Grade

Other Units: Unit 1,Unit 2

1 one-bedroom unit

1 two-bedroom unit

Schools

School District: MORRISVILLE BOROUGH

Sewer

Public Sewer

Taxes

City/Town Tax: $654

City/Town Tax Pymnt Freq: Annually

County Tax: $305

County Tax Pymnt Freq: Annually

School Tax: $2,868

Tax Annual Amount: $3,827

Tax Year: 2022

Utilities

Hot Water: Natural Gas

Monthly cost

Estimated monthly cost

$1,588/mo

All calculations are estimates and provided for informational purposes only. Actual amounts may vary.

Sale and tax history

Sales history

Date

Apr 28, 2023

Price

$225,000

Date

Jan 3, 1997

Price

$68,000

DatePrice
Apr 28, 2023$225,000
Jan 3, 1997$68,000

Schools

This home is within the Morrisville Borough School District.

Morrisville & Ewing & Levittown & Yardley enrollment policy is not based solely on geography. Please check the school district website to see all schools serving this home.

Private schools

Seller fees & commissions

Home sale price

$

Outstanding mortgage

$

Selling with traditional agent

Selling with Unreal Estate agent

Your total sale proceeds$211,500

+$6,750

$218,250

Seller agent commission$6,750 (3%)*

$0 (0%)

Buyer agent commission$6,750 (3%)*

$6,750 (3%)*

*Commissions are based on national averages and not intended to represent actual commissions of this property

Get $6,750 more selling your home
with an Unreal Estate agent

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State

  • Real Estate for Sale in Pennsylvania

Unreal Estate checked: Aug 8, 2023 at 4:32 p.m.

Data updated: Mar 16, 2023 at 3:39 p.m.

Courtesy of Andrew Ferrara, RE/MAX Total - Yardley
This content last updated on 03/16/2023.
This information is provided exclusively for consumers' personal, non-commercial use; that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that data is deemed reliable but is not guaranteed accurate by BrightMLS. Information may appear from many brokers but not every listing in BrightMLS is available.
Listing Information © 2024 BrightMLS. All Rights Reserved.

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