Property
Beds
None
Full Baths
None
1/2 Baths
None
Year Built
1850
Sq.Footage
6,376
A rare opportunity to acquire a fully leased, character-rich Bucks County asset with immediate income and clear upside—ideal for both seasoned investors and lifestyle buyers seeking a hybrid investment. This fully rented 5-unit farmhouse conversion is situated on nearly 6 acres in desirable Buckingham Township, offering immediate cash flow with strong upside potential. The property includes four units within the main farmhouse and a detached, carriage house (Unit 5), creating a diversified and stable income stream. All units are generously sized and reflect sought-after Bucks County character. Unit 4 (former horse stable) and Unit 5 (carriage house) have been fully renovated, while three remaining units present value-add opportunities through future updates and rent optimization. Current rents are below market, with nearby comps supporting increased income opportunities. At the current asking price of $1,595,000, the property delivers an approximate 6.5% in-place cap rate, offering investors a strong in-place return with compelling potential to elevate both income and long-term value. Tenants pay all utilities except water, helping maintain low operating expenses. Additional income is generated through garage rentals, and a full basement provides valuable storage. The property also benefits from a newer septic system and ample on-site parking. Located just minutes from Doylestown, New Hope, and major commuter routes, this is a rare opportunity to acquire a stabilized asset with both immediate income and long-term appreciation potential. 12 parking spots not including garages. Showings available late afternoons by appointment only with listing agent with 24-hour notice. Serious inquiries only.
Features & Amenities
Interior
-
Total Bedrooms
N/A
-
Bathrooms
N/A
-
Cooling YN
YES
-
Cooling
Central Air, Ceiling Fan(s), Window Unit(s), Wall Unit(s), Electric
-
Heating YN
YES
-
Heating
Natural Gas, Oil, Propane, Forced Air, Hot Water
-
Pet friendly
N/A
Exterior
-
Garage
No
-
Parking
Garage, Parking Lot
-
Pool
No
-
Waterfront YN
NO
Area & Lot
-
Lot Size(acres)
5.72
-
Lot Size(square feet)
248989.0
-
Property Type
Commercial Sale
Price
-
Sales Price
$1,595,000
-
Tax Amount
$18,046
-
Sq. Footage
N/A
-
Price/SqFt
N/A
HOA
-
Association
No
School District
-
Elementary School
N/A
-
Middle School
N/A
-
High School
N/A
Property Features
-
Stories
2
-
New Construction
NO
-
Foundation Details
Stone
-
Sewer
Septic Tank
-
Tax Lot
085
-
Water Source
Public
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Location
County
BUCKS
Elementary School
Middle School
High School
Listing Courtesy of Mandee Hammerstein , Innovate Real Estate
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Owner, Chief Executive Officer, Portfolio Advisor
Todd Polinchock
Call Todd today to schedule a private showing.
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