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

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Listing Courtesy of Mandee Hammerstein , Innovate Real Estate

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Agent Todd Polinchock

Owner, Chief Executive Officer, Portfolio Advisor

Todd Polinchock

Call Todd today to schedule a private showing.


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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.

2319 FOREST GROVE ROAD

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