Great investment opportunity in the award-winning Pennsbury School District! Fully occupied and income-producing quadruplex featuring 4 residential units plus a 2-car garage with separate entrances and strong rental history. Property consists of (1) 3-bedroom unit with central air and washer/dryer, and (3) 1-bedroom units. Several updates throughout the property including… Read More new flooring and fresh paint in the top unit. Current gross annual income: approximately $69,600/year Estimated annual taxes: $3,361 Insurance: approximately $1,800/year Water & sewer: approximately $1,400/year Estimated NOI (Net Operating Income): approximately $63,039/year Estimated cap rate at asking price: approximately 8.64% Tenants pay gas heat, electric, and cable. Landlord currently pays water, sewer, taxes and insurance. Conveniently located near shopping, dining, major highways, and public transportation, making this a rare investment opportunity in Lower Bucks County. Showings will take place Sunday, 05/31 from 12:00 PM - 3:00 PM only. Please do not disturb the tenants.Pre-approval or proof of funds required prior to scheduling. For additional information, please contact listing agent Ewa Hajduk. Read Less
Courtesy of Ewa Hajduk, Opus Elite Real Estate. 215-395-6277.
Listing Snapshot
Days Online
0
Last Updated
Property Type
Quadruplex
Square Ft.
2,852
Lot Size
0.09 Acres
Year Built
1975
MLS Number
PABU2121552
Additional Details
Building
Built in 1975, Living area: 2852, Construction Materials: Frame
Cooling
Central A/C, Wall Unit
Accessibility Features
2+ Access Exits
Foundation
Brick/Mortar
Heating
Baseboard - Hot Water
Lot
0.09 acres, Dimensions: 34.00 x 110.00
Property
Other structures: Above Grade, Below Grade
Sewer
Public Sewer
Taxes
Annual Amount: $3,361, Lot: 054, Year: 2025, Zoning: BC
Utilities
Water Source: Public
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