Investments Sales Management

Colonial

2-6 W BRIDGE STREET

NEW HOPE , PA 18938

MLS#: 1003644141

$2,500,000

Status: Closed
Listing number: 1003644141
Listing provided by: BHHS Fox & Roach-New Hope
Listing agent phone: None
Last update: 1 year, 8 months ago
Browse Properties
NEW HOPE - Residential

Property

Beds

None

Full Baths

None

1/2 Baths

None

Year Built

None

Sq.Footage

7,908

Own a corner of the heart of downtown New Hope and live where you work, set up a prime downtown residence, or just enjoy the return on your investment collecting rents (and beat the market returns): 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. Convert one or more of the apartments into a premium residence or move into the cottage, all the while collecting rents from the rest of the property. 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

  • Other Interior Features

    Eat-in Kitchen

  • Total Bedrooms

    N/A

  • Bathrooms

    N/A

  • Above Grade Finished Area

    7908.0

  • Basement YN

    YES

  • Cooling YN

    YES

  • Cooling

    Central Air

  • Fireplace YN

    NO

  • Heating YN

    YES

  • Heating

    Electric, Natural Gas, Oil, Hot Water, Forced Air, Zoned

Exterior

  • Garage

    No

  • Construction Materials

    Stucco

  • Parking

    Assigned

  • Pool

    No

  • Waterfront YN

    NO

  • View

    Water

Area & Lot

  • Property Type

    Residential

  • Property Sub Type

    Duplex

  • Architectural Style

    Colonial

Price

  • Sales Price

    $2,500,000

  • Tax Amount

    7115.0

  • Sq. Footage

    7, 908

  • Price/SqFt

    $316

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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Agent TheresaKehler

Owner, President, Investment Property Advisor

TheresaKehler

Call Theresa today to schedule a private showing.

(215) 605-9647

theresa@tntrealestatesolutions.com


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Own a corner of the heart of downtown New Hope and live where you work, set up a prime downtown residence, or just enjoy the return on your investment collecting rents (and beat the market returns): 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. Convert one or more of the apartments into a premium residence or move into the cottage, all the while collecting rents from the rest of the property. 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.

2-6 W BRIDGE STREET

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