Kick-off 2021 with an amazing multi-unit income-producing property! This 2.28 acre property features 3 units within two homes and a large 52' x 32' 4-car garage. The main house is a beautifully restored log-home that includes 3-beds, 1 full bath, fireplace, new roof, 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 unit has 1 bed, full bath, and a nice deck with a wooded view. Both units have dry basement storage and are tenant occupied. 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 $91,800 annually in rental income! ($1800 each for two 3-bed units if the garage is converted, $1650 3-bed house, $1500 3-bed unit, $900 1-bed unit. Someone's investment portfolio is going to look a lot nicer with this property in it!
MLS# | 656831 |
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Listing Type | For Sale |
Style | House |
Sub-Type | Resale |
Status | Active |
Year | 1900 |
Days On Site | 22 |
Bed(s) | 7 |
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Bath(s) | 4 Total |
SQ Feet | 3,200 |
Story(s) | 2.0 |
Acreage | 2.28 |
Property View | Yes |
County Taxes | 748.00 |
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Municiple Taxes | 59.00 |
School Taxes | 4964.00 |
Total Taxes | 5771.00 |
Area Information | |
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State | PA |
County | Bucks |
City | Milford Twp |
Zip Code | 18054 |
Area | Quakertown |
Community Name | Not in Development |
School District | Not Applicable |
Elementary School | Quakertown |
Middle School | Quakertown |
High School | Quakertown |
Listing VS Median (in Not in Development) | |
Price: $495,000 low | high Med: $206,950 SqFt: 3,200 low | high Med: 1,623 $ / SqFt: $155 low | high Med: $128 On Site: 22 low | high Med: 64.5 |