Bensalem, PA 19020,1045 BRISTOL PIKE
Bensalem, PA 19020,1045 BRISTOL PIKE
Bensalem, PA 19020,1045 BRISTOL PIKE
25
$310,000
$330,000
6.1%
Est.Price: ?

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0.27 Acres Lot

1045 BRISTOL PIKE Bensalem, PA 19020

Est. payment /mo
SOLD DATE : 10/23/2015

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Key Details

Sold Price $310,000

Property Type Single Family Home

Sub Type Twin/Semi-Detached

Listing Status Sold

Purchase Type For Sale

Subdivision Andalusia

MLS Listing ID 1002701092

Sold Date 10/23/15

Style Other

HOA Y/N N

Originating Board TREND

Year Built 1815

Annual Tax Amount $2,801

Tax Year 2015

Lot Size 0.270 Acres

Acres 0.27

Lot Dimensions 42 X 276

Property Description

Attention Investors: Don't miss this rare opportunity to purchase a 4 unit multi-family property located in Bensalem Township. This is a unique property with great numbers, low taxes, and priced to provide an excellent Cap. Rate of over 9%. And that is based on REAL numbers with ALL expenses included in the calculation. I have personally owned this property for the past 8 years and have very accurate expense records. We have invested well over $80,000 into the property over that time converting all of the units to separate utilities with heat pumps and central Air, and renovating three of the 4 apartments. Two of the apartments were renovated in the past year and were taken down to the studs and rebuilt with everything new including wiring, plumbing, etc. These two apartments have been renovated to attract high quality tenants and feature custom tile bathrooms, granite kitchens, etc. a third unit was renovated 8 years ago and the 4th remains mostly original, but in good condition. This property is also zoned Commercial for unlimited possibilities. Located very close to public transportation and shopping. Additional information available upon request. Even if financed (25% down), this property would still have a positive cash flow of over $11,000/year. Financing is available to qualified buyers. This is a home run you will want to add to your portfolio

Location

State PA

County Bucks

Area Bensalem Twp (10102)

Zoning C

Rooms

Other Rooms Primary Bedroom

Basement Partial, Unfinished

Interior

Hot Water Electric

Heating Heat Pump - Electric BackUp, Forced Air

Cooling Central A/C

Flooring Wood, Fully Carpeted, Vinyl, Tile/Brick, Laminated

Fireplace N

Laundry Washer In Unit, Dryer In Unit

Exterior

Water Access N

Accessibility None

Garage N

Building

Sewer Public Sewer

Water Public

Architectural Style Other

New Construction N

Schools

School District Bensalem Township

Others

Tax ID 02-029-309

Ownership Fee Simple

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Bright MLS (BMLS)
Listed by Arthur C Silcox • Keller Williams Real Estate - Bensalem
Bought with Allan C Bernard Jr. • Keller Williams Real Estate-Langhorne

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agent

Skip Tolley

Agent | License ID: 528296

+1(410) 935-7500

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