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Morrisville,PA 19067
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
Square Footage 3,963 sqft
Price per Sqft $200
Subdivision Union Square
MLS Listing ID PABU2085292
Style Other
Abv Grd Liv Area 3,963
Originating Board BRIGHT
Year Built 1921
Annual Tax Amount $6,231
Tax Year 2024
Lot Size 7,500 Sqft
Acres 0.17
Lot Dimensions 50.00 x 150.00
Property Description
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 listed for rent at $1900. 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**
Location
State PA
County Bucks
Area Morrisville Boro (10124)
Zoning R2A
Rooms
Basement Partial
Interior
Interior Features Bathroom - Stall Shower,Ceiling Fan(s),Crown Moldings,Dining Area,Family Room Off Kitchen,Kitchen - Eat-In,Kitchen - Galley
Hot Water Natural Gas
Heating Forced Air,Baseboard - Electric
Cooling Window Unit(s)
Inclusions One Year Home Warranty included from Armadillo Home Warranty
Equipment Built-In Microwave,Dryer,Refrigerator,Washer,Dishwasher
Fireplace N
Appliance Built-In Microwave,Dryer,Refrigerator,Washer,Dishwasher
Heat Source Electric,Natural Gas
Exterior
Water Access N
Accessibility None
Garage N
Building
Sewer Public Sewer
Water Public
Architectural Style Other
Additional Building Above Grade,Below Grade
New Construction N
Schools
School District Morrisville Borough
Others
Tax ID 24-009-068
Ownership Fee Simple
SqFt Source Assessor
Acceptable Financing Cash,Conventional
Listing Terms Cash,Conventional
Financing Cash,Conventional
Special Listing Condition Standard