24 W Lincoln Hwy Penndel, PA 19047
Estimated payment $7,560/month
Highlights
- Central Heating and Cooling System
- Walk-Up Access
- 4-minute walk to Langhorne
About This Home
This property is completely turnkey and has already started generating income for you! We'll start with Store Front commercial space that offers parking in front of building. This space is a blank canvas for the new occupants equipped with a handicap accessible bathroom and its own mini split for heating and cooling. This commercial space has access to the basement which may allow for additional storage if needed, and easy to pre-fab plumbing/electric etc. for the new occupant.
(One Lease in Place as of January 2025).
4 Large residential units with rear entrance and private parking lot are located in the back of the building away from the street. All of the residential units offer eat- in Kitchens boasting solid wood white cabinets, upgraded granite counters with undermount sinks, timeless subway style backsplash, stainless steel appliances with one year manufacture warranty. Bathrooms have solid wood white cabinets and granite counters, tile and tubs, and fans. You'll find generous size bedrooms and lots of windows, plenty of closets for storage, wall to wall carpets in bedrooms, upgraded cork flooring that will sustain more wear and tear, recessed lighting throughout, individual in unit breaker panels, and individual HVAC units. Both downstairs units are mirror images of one another providing 2 bedrooms, 1.5 bathrooms, spacious living space and private decks ( Both units One year leases in place as of January 2025).
Both Upstairs units are mirror images of one another providing 2 bedrooms 1 bathroom on the main floor and third bedroom/ loft space is on the third floor of the building. (Currently in process of renting).**** Update as of June 2025- 2 year lease in place, currently in process of renting final unit.
Centrally located in a very desirable Neshaminy school district, and within walking distance to Cairn University Campus, as well as the commuter Langhorne train station, and nearby shops, restaurants, nightlife, markets, laundry mats, corner stores, and post office. The entire building was rebuilt from the foundation up, all new electric, plumbing, hvac, electric meters, insulation, sheetrock, waterproofing in basement, sump pumps roof, exterior, rear parking lot, windows- you name it! All permits in place and approvals for review.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $7,607
Year Built
- Built in 1952 | Remodeled in 2024
Lot Details
- 7,350 Sq Ft Lot
- Lot Dimensions are 50.00 x 147.00
Home Design
- 6,000 Sq Ft Home
- Block Foundation
- Poured Concrete
- Cement Siding
- Vinyl Siding
Kitchen
- Electric Oven or Range
- Built-In Microwave
Unfinished Basement
- Walk-Up Access
- Interior and Exterior Basement Entry
- Water Proofing System
- Drainage System
- Sump Pump
- Drain
- Basement Windows
Parking
- Private Parking
- Paved Parking
- Parking Lot
- Off-Street Parking
Utilities
- Central Heating and Cooling System
- Cooling System Utilizes Natural Gas
- Electric Water Heater
- Municipal Trash
Community Details
- 4 Units
- 1 Vacant Unit
Listing and Financial Details
- Tax Lot 009
- Assessor Parcel Number 32-005-009
Map
Home Values in the Area
Average Home Value in this Area
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
02/01/2025 02/01/25 | For Sale | $1,300,000 | +282.4% | $217 / Sq Ft |
03/09/2020 03/09/20 | Sold | $340,000 | -29.9% | $71 / Sq Ft |
01/15/2020 01/15/20 | Pending | -- | -- | -- |
12/19/2019 12/19/19 | Price Changed | $485,000 | -2.8% | $101 / Sq Ft |
10/30/2019 10/30/19 | Price Changed | $499,000 | -10.7% | $104 / Sq Ft |
10/25/2019 10/25/19 | Price Changed | $559,000 | -11.1% | $116 / Sq Ft |
10/07/2019 10/07/19 | Price Changed | $629,000 | -3.1% | $131 / Sq Ft |
09/25/2019 09/25/19 | Price Changed | $649,000 | -4.4% | $135 / Sq Ft |
08/30/2019 08/30/19 | Price Changed | $679,000 | -6.3% | $141 / Sq Ft |
08/02/2019 08/02/19 | For Sale | $725,000 | -- | $151 / Sq Ft |
Source: Bright MLS
MLS Number: PABU2086986

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