$495,000
$495,000
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2750 ALLENTOWN RD Quakertown, PA 18951
7 Beds
4 Baths
1,634 SqFt
Key Details
Sold Price $495,000
Property Type Single Family Home
Sub Type Detached
Listing Status Sold
Purchase Type For Sale
Square Footage 1,634 sqft
Price per Sqft $302
Subdivision Streamview
MLS Listing ID PABU518074
Style Colonial
Bedrooms 7
Full Baths 4
Year Built 1900
Annual Tax Amount $5,771
Tax Year 2021
Lot Size 2.281 Acres
Property Description
Kick-off 2021 with an amazing multi-unit income-producing property with exceptional ROI potential! This 2.28 acre property features 3 units within two homes and a large 52' x 32' four-car garage. The main house is a beautifully restored log-home that includes 3-beds, 1 full bath, fireplace, 1st floor laundry, and a brand new roof! It was recently renovated with new flooring, paint, and is move-in ready. The 2nd home includes 2 additional units. The 1st unit has 3 beds, 2 full baths, an open concept 1st fl., and a covered porch. The 2nd until has 1 bed, 1 full bath, and a nice deck with a wooded view. Both units have dry basement storage and are occupied with long-term tenants. All three units include built-in laundry rooms. Tenants pay all utilities. The garage was built with the intention of possibly converting it into two 1600 sq. ft. 3-bed, 2 bath units. If those units were completed, you would be sitting pretty with a 5-unit grossing approximately $91,800 annually from rental income! This projected income is based on the following monthly rents: $1800 each for two additional 3-bed units if the garage is converted, $1650 for the 3-bed house, $1500 for the 3-bed unit, $900 for the 1-bed unit. Someone's investment portfolio is going to look a lot nicer with this property in it!
Location
State PA
County Bucks
Area Milford Twp (10123)
Zoning RA
Interior
Hot Water Electric
Heating Baseboard - Electric, Baseboard - Hot Water, Central, Heat Pump - Gas BackUp
Cooling Ceiling Fan(s), Heat Pump(s), Window Unit(s)
Flooring Hardwood, Vinyl, Partially Carpeted
Fireplaces Number 1
Fireplaces Type Stone, Wood, Mantel(s)
Laundry Hookup, Main Floor
Exterior
Parking Features Garage Door Opener, Garage - Front Entry, Additional Storage Area
Garage Spaces 32.0
Utilities Available Electric Available, Propane, Sewer Available, Water Available
Water Access N
Roof Type Architectural Shingle
Building
Lot Description Backs to Trees, Cleared, Corner, Landscaping, Mountainous, Open, Partly Wooded, Rear Yard, Rural, Secluded, SideYard(s), Stream/Creek, Trees/Wooded
Story 2
Sewer On Site Septic
Water Well
Structure Type 9'+ Ceilings,Cathedral Ceilings,Dry Wall,High,Log Walls
New Construction N
Schools
Elementary Schools Quakertown
Middle Schools Quakertown
High Schools Quakertown Community Senior
School District Quakertown Community
Others
Acceptable Financing Conventional, Cash
Listing Terms Conventional, Cash
Special Listing Condition Standard
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Bought with Carol Copelin • BHHS Keystone Properties