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Morrisville, PA Multifamily Home for Sale

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    $675,000

    • Studio
    • 2,192 Sq Ft

    231 Washington St, Morrisville, PA 19067

    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

    Rocco D'Armiento BHHS Fox & Roach -Yardley/Newtown

    231 Washington St, Morrisville, PA 19067

Why Live in Morrisville

Morrisville, PA, is a small city of around 10,000 residents situated on the banks of the Delaware River. Known for its historical significance, Morrisville features landmarks such as Summerseat, which served as George Washington's headquarters during the Revolutionary War. The city is primarily residential, with Cape Cod homes being the most common architectural style, alongside colonial, ranch, and split-level homes. Morrisville's housing market is noted for its affordability compared to other areas in Bucks County, although new construction is rare. Bridge Street, a key thoroughfare, hosts numerous dining options, including pizzerias and a brewery, and provides easy access to major shopping centers via Route 1. The city boasts several parks, including Williamson Park, which offers trails along the Delaware River and hosts annual events like the Morrisville Jazz & Art Festival and the Mayor’s Picnic. The Delaware River Towpath provides opportunities for biking, walking, and skiing. Morrisville's proximity to Philadelphia and New Jersey makes it a convenient location for commuters, with major highways and interstates nearby.

Home Trends in Morrisville, PA

Housing Trends

Median Sale Price
$400,000
Median Single Family Sale Price
$394,000
Median Townhouse Sale Price
$318,000
Median 2 Bedroom Sale Price
$515,000
Average Price Per Sq Ft
$254
Number of Homes for Sale
20
Last 12 months Home Sales
123
Months of Supply
2.00
Median List Price
$395,000
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
7%
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