$435,000
$465,000
6.5%For more information regarding the value of a property, please contact us for a free consultation.
224 E BROAD ST Quakertown, PA 18951
3,138 SqFt
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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Bought with Dawn M Gilley • RE/MAX Centre Realtors