Property
Beds
7
Full Baths
None
1/2 Baths
None
Year Built
None
Sq.Footage
N/A
Own a corner of the heart of downtown New Hope and beat the market on your investment: two parcels that are comprised of a combination of commercial and residential rentals. Three long term commercial leases (including the anchor tenant Dunkin' Donuts, leased through 2020 with a 5 year renewal option) and six residential rentals (five apartments plus one detached cottage). Almost all apartments fully remodeled and bringing in healthy and reliable rents. Off-street parking for 5 or 6 cars, 100% occupied rent rolls, and a premium location. Across the street from Starbucks and the bridge to Lambertville, NJ, this property is the cornerstone of downtown New Hope and will always be in high demand. Some seller upgrades are coming this summer to reduce carrying costs and increase rents in two units, please consult the listing agent for P&L, occupancy, and details.
Features & Amenities
Interior
-
Total Bedrooms
7
-
Bathrooms
N/A
-
Basement YN
YES
-
Cooling YN
YES
-
Cooling
Central Air
-
Fireplace YN
NO
-
Heating YN
YES
-
Heating
Electric, Oil, Hot Water
Exterior
-
Garage
No
-
Construction Materials
Stucco
-
Pool
No
-
Waterfront YN
NO
-
View
Water
Area & Lot
-
Property Type
Residential Income
-
Property Sub Type
Multi Family
-
Architectural Style
Other
Price
-
Sales Price
$2,500,000
-
Tax Amount
7115.0
-
Sq. Footage
N/A
-
Price/SqFt
N/A
HOA
-
Association
NO
School District
-
Elementary School
N/A
-
Middle School
NEW HOPE-SOLEBURY
-
High School
NEW HOPE-SOLEBURY
Property Features
-
Foundation Details
Stone
-
Sewer
Public Sewer
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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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