Features & Amenities

Interior

  • Other Interior Features

    Eat-in Kitchen, Ceiling Fan(s), Crown Molding

  • Total Bedrooms

    5

  • Bathrooms

    N/A

  • Above Grade Finished Area

    3963.0

  • Basement YN

    YES

  • Cooling YN

    YES

  • Cooling

    N/A

  • Fireplace YN

    NO

  • Heating YN

    YES

  • Pet friendly

    N/A

Exterior

  • Garage

    No

  • Construction Materials

    Vinyl Siding

  • Parking

    Parking Lot

  • Pool

    No

  • Waterfront YN

    NO

Area & Lot

  • Lot Size(acres)

    0.17

  • Property Type

    Residential Income

  • Property Sub Type

    Quadruplex

  • Architectural Style

    Other

Price

  • Sales Price

    $750,000

  • Tax Amount

    6231.0

  • Sq. Footage

    3, 963

  • Price/SqFt

    $189

HOA

  • Association

    No

School District

  • Elementary School

    N/A

  • Middle School

    N/A

  • High School

    N/A

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Listing Courtesy of Kimberly Rock , Keller Williams Real Estate-Langhorne

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CALLING ALL INVESTORS! Take advantage of this RARE opportunity to own a Quadruplex in the heart of historic Morrisville Boro with OFF STREET PARKING and an 8% CAP RATE!    Ideally located within walking distance to a variety of restaurants and shopping AND Williamson Park this home caters to the interests of all! This home boasts 4 separate rental units: (3) very large one-bedroom units and (1) two-bedroom unit.  Unit 1 is a ground floor unit with updated galley kitchen, upgraded countertops, tile backsplash and built in microwave. This spacious unit includes a living and dining room AND a bonus family room surrounded with large windows to allow for radiant sunshine. A full bathroom with updated vanity and stall shower completes this unit. Currently tenant occupied at $1550.  Unit 2 is also a ground floor unit and is currently tenant occupied at $1450.  This unit provides a spacious living room, eat-in kitchen, separate bedroom and a full bathroom with stall shower.  Unit 3 is located upstairs and is also currently tenant occupied at $1450.  This unit features ample living space, a spacious bedroom, full kitchen, bathroom & den.  Unit 4 offers two levels of living space and is currently listed for rent for $1900.  Located on the 2nd floor, featuring an eat in kitchen, full bathroom, spacious living room and BONUS sunroom on the main floor.  And an upstairs 3rd floor level with two spacious bedrooms.  All units have a washer/dryer AND access to the shared crawlspace in the basement which tenants can utilize for additional storage needs. A parking lot is conveniently located in the back for resident parking! Located near Route 1, I 295 AND Trenton Mercer Airport, Trenton Transit Center (with Amtrak access), and Yardley Station for easy commuting and close to a variety of shopping and restaurants. Don’t miss your opportunity to see this fantastic investment property today! **Seller is also including a one year home warranty to the future buyer**

40 UNION STREET

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There are 5 total units in the building. Units 1,2,5 Pay their own electric.  Landlords pay units 3,4 and common electric. Positive cash flow to add to your portfolio, with this fully rented 5-unit building. Long term tenants, who all would like to stay. Tenants are currently on a month-to-month basis. Updated economical gas heat, electric and all new windows, siding and gutters. New hot water heater, common areas have been freshly painted and carpeted. This property is being sold AS -IS. Buyers are responsible for the borough U & O. Please do not approach the property without an appointment. 24-hour notice is required. Please knock before entering. Elevator is for ground to first floor level only. Rents are under current market. Insurance yearly is $4170.00. Taxes were $8743.46 this year. Owners pay gas and water.
#PABU2102698

MORRISVILLE

231 WASHINGTON STREET

5 Beds

None Baths

2,192 Sq.Ft.

$675,000

MLS#: PABU2102698

 - property

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