Quakertown, PA 18951,224 E BROAD ST
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Quakertown, PA 18951,224 E BROAD ST
Quakertown, PA 18951,224 E BROAD ST
Quakertown, PA 18951,224 E BROAD ST
Quakertown, PA 18951,224 E BROAD ST

$435,000

Est. payment /mo

$465,000

6.5%
Est.Price: ?

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224 E BROAD ST Quakertown, PA 18951

3,138 SqFt

SOLD DATE : 11/15/2016

Key Details

Sold Price $435,000

Property Type Multi-Family

Listing Status Sold

Purchase Type For Sale

Square Footage 3,138 sqft

Price per Sqft $138

MLS Listing ID 1003878995

Style Other

Year Built 1920

Annual Tax Amount $4,632

Tax Year 2016

Lot Size 10,800 Sqft

Property Description

Fully renovated 5 Unit Investment property with 3 additional garages to rent per month make this an 8 rental unit property. The potential income on this is $5525 per month. Experienced contractor is currently working on this turn key, maintenance free rental property for the new owner. He started with PEX/PVC plumbing and 200 amp electric service separate for each unit. Then he replaced the entire roof, soffits, facia, flashing, siding, porches, windows and doors. Next he installed ductwork for electric heat pumps with central air for each unit. The property meets all inspections and has all permits for the work performed. The week of 10/18: Tile floors are being grouted, sinks, toilets and vanities installation, Trim being installed, doors going on, HVAC installation, hot water heater installation. Still scheduled to be completed are porch railings and off street parking for the tenants in the area between the house and garages. There is nothing not to be impressed by with this 100% renovated property! There is no easier way to attract the best tenants then to have a brand new, fully remodeled unit with the possibility to rent a garage on site as well. Each unit is spacious with great layouts and with high ceilings. Loads of natural light with tons of windows. The best part is he installed an electric panel in each unit with service for their own heater, central air and water heater for the tenant to pay their utilities not the landlord.

Location

State PA

County Bucks

Area Quakertown Boro (10135)

Zoning R4

Rooms

Other Rooms Primary Bedroom

Interior

Hot Water Electric

Heating Electric, Heat Pump - Electric BackUp, Forced Air

Cooling Central A/C

Flooring Fully Carpeted, Tile/Brick, Laminated

Laundry None

Exterior

Garage Spaces 8.0

Utilities Available Cable TV Available

Water Access N

Roof Type Pitched

Building

Foundation Stone

Sewer Public Sewer

Water Public

New Construction N

Schools

School District Quakertown Community

Others

Acceptable Financing Conventional

Listing Terms Conventional

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Bright MLS (BMLS)
Listed by Stephanie M Salanik • Long & Foster Real Estate, Inc.
Bought with Dawn M Gilley • RE/MAX Centre Realtors

Jason Gareau

Broker

+1(609) 929-4486

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