403 Washington Avenue Sellersville, PA 18960
Fully occupied with $109K Actual Gross, $93, 903 Actual Net, 8% CAP @ asking. Owners invested over $400K to completely rehab and update this cash-flowing, turnkey, 7-unit multi-family, located in coveted Bucks County on a corner lot with a private backyard including 8 parking spaces and sold with a CLEAR Certificate of Occupancy issued by the city. Upgrades include Re-pointed Brick, 25+ NEW windows, new electric, new flooring, fresh paint, and brand-new baseboard heaters installed in all units, an updated roof, all-new electric water heaters, and completely remodeled kitchens, BRs, living areas, and bathrooms. All newer appliances, some stainless. There are five (5) large 1BR/1BA units, one (1) 2BR/1BA, and one (1) very large, 3-story 3BR/2BA. All brand new, clean, friendly tenants that love the rebranding of this property and have 1-year leases. This property is located in Bucks County and within a quiet residential neighborhood with half-million-dollar homes. Minutes away from highways, shopping, and located near a police station and a church. Acceptable offers within 10% of the asking price at or above $1, 100, 000 will be presented to the seller and will have serious consideration if within reasonable terms. NOTE - The owners love this property but live 1.5 hours away and due to the distance, they are selling to the lucky buyer.
- Property TypeMulti-Family
- NeighborhoodNot In Development
- CountyBucks
- Taxes$4,997
- HOA/Condo/Coop Fees$0
- Days on Site125 Days
- MLS StatusActive
- MLS ID Number730408
- Home Size Source N/A
- Year Built1900
- Lot Size0.314 Acres
- Full Baths7
- Partial BathsN/A
Sell your house quickly!
Get multiple potential cash offers for your home. Fast and hassle-free!
Learn MoreRecent Activity For 403 Washington Avenue Sellersville, PA 18960
4 months ago | |
4 months ago |
Don't miss a thing!
Get updates on new activity for this listing