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Penndel,PA 19047
Key Details
Property Type Multi-Family
Sub Type Twin/Semi-Detached
Listing Status Active
Purchase Type For Sale
Square Footage 1,754 sqft
Price per Sqft $216
MLS Listing ID PABU2100552
Style Other
Abv Grd Liv Area 1,754
Year Built 1920
Annual Tax Amount $3,726
Tax Year 2025
Lot Size 4,116 Sqft
Acres 0.09
Lot Dimensions 28.00 x 147.00
Property Sub-Type Twin/Semi-Detached
Source BRIGHT
Property Description
This is an exceptional investment opportunity! This duplex features two units with stable, long-term tenants who would love to stay. The first-floor unit is a spacious 2-bedroom, 1-bath with a large master bedroom that includes a walk-in closet and a sitting/desk area. This unit rents for $1,100. The second-floor unit offers a 3-bedroom, 1-bath layout, with one bedroom on the second floor and two on the third. This unit rents for $1,300. Both rents are well below market value. Additionally, the garage was once rented separately, adding to the potential income stream. The property was originally a commercial storefront and was converted to residential living, with the possibility to revert it back to commercial use (buyer to confirm with the township and do own due diligence). Both tenants have been there for a long time and are currently on month-to-month leases. Landlord currently pays gas, water/sewer and tenant pays electric/cable and all other utilities. The seller has completed many of the necessary certifications for Penndel Township's use and occupancy, and clear heater, chimney, and termite certifications are available. The seller is also in the process of completing the sewer certification. This property offers a great opportunity for an investor looking for steady income with room for improvement in rents. **Agent is related to seller**
Location
State PA
County Bucks
Area Penndel Boro (10132)
Zoning RC
Interior
Hot Water Natural Gas
Heating Forced Air
Cooling Window Unit(s)
Inclusions washer, dryer, refrigerator in both units all in as is condition
Fireplace N
Heat Source Natural Gas
Exterior
Water Access N
Accessibility None
Garage N
Building
Foundation Block
Sewer Public Sewer
Water Public
Architectural Style Other
Additional Building Above Grade,Below Grade
New Construction N
Schools
School District Neshaminy
Others
Tax ID 32-003-151
Ownership Fee Simple
SqFt Source Assessor
Acceptable Financing Cash,Conventional,FHA,VA
Listing Terms Cash,Conventional,FHA,VA
Financing Cash,Conventional,FHA,VA
Special Listing Condition Standard