Property
Beds
5
Full Baths
4
1/2 Baths
2
Year Built
1831
Sq.Footage
4,727
Live where you work, or just collect the rents and beat the market for the return on your investment (est 7% return rate). This landmark building is in the heart of downtown New Hope, riverfront with bridge and Delaware views. Four upstairs apartments offer the opportunity to move in once a lease is up, or possibly combine units into a two or three bedroom home and still collect the rent downstairs in the commercial spaces (long term tenants). Fully renovated, this property enjoys a plot of riverfront land and was previously approved for an addition (750 sq ft of commercial use space, one story), offering even more long term investment potential. Plenty of opportunities in CC zoning for a home office or home business.
Features & Amenities
Interior
-
Other Interior Features
Eat-in Kitchen
-
Total Bedrooms
5
-
Bathrooms
4
Area & Lot
-
Lot Size(acres)
0.15
-
Property Type
Residential
-
Architectural Style
Colonial
Exterior
-
Garage
No
-
Construction Materials
Wood Siding
-
Parking
On Street
Financial
-
Sales Price
$1,500,000
-
Tax Amount
11480.0
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Location
County
BUCKS
Elementary School
Middle School
NEW HOPE-SOLEBURY
High School
NEW HOPE-SOLEBURY
Listing Courtesy of Stephen G Darlington , BHHS Fox & Roach-New Hope
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Owner, President, Investment Property Advisor
TheresaKehler
Call Theresa today to schedule a private showing.
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