NOT LISTED FOR SALE

2692 Durham Rd Doylestown, PA 18902

-- Bed
-- Bath
2,019 Sq Ft
1.19 Acres

Last Sold December 08, 2021

Last sale price $480,000 $238 Per Sq Ft

2 Days on Market

Highlights

  • Additional Residence on Property
  • Carriage House
  • Partially Wooded Lot
  • Buckingham Elementary School Rated A-
  • Deck
  • Wood Flooring

About This Home

As of December 2021

This income property has been well maintained and already has three established tenants. It has a good cap rate and brings in a gross monthly income of $4,050.00. The main house is split into two units, an upstairs unit that features a large one bedroom and rents for $1,100/month. A downstairs two bedroom with beautiful stone floors and walls with exposed beams and rents for $1,850.00/month. The third unit is a cottage located behind the main house. It has one bedroom, a wood burning fire place, and separate utilities. It rents for $1,100.00/month. Each of the units come with two parking spots. Pro Forma is available upon request. Showings are Wednesdays and Saturdays between the hours of 11am-3:30pm ONLY, no exceptions. 24 hours notice is required and the listing agent must accompany.

Last Agent to Sell the Property

Christina Nisbet

(215) 416-9249 chris@chrisnisbet.com J. Carroll Molloy Realtor, LLC License #AB065397 Listed on: 10/11/2021

Co-Listed By

Kaycee Hoover

(856) 981-4138 kaycee2514@yahoo.com J. Carroll Molloy Realtor, LLC

Last Buyer's Agent

Jaimie Meehan

(215) 340-5700 jaimiemeehan@kw.com Iron Valley Real Estate Doylestown License #RS309986

Iron Valley Real Estate Doylestown

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,260

Year Built

  • Built in 1878

Lot Details

  • 1.19 Acre Lot
  • Lot Dimensions are 131.00 x 397.00
  • Rural Setting
  • Landscaped
  • Open Lot
  • Sloped Lot
  • Partially Wooded Lot
  • Back, Front, and Side Yard
  • Property is in average condition

Parking

  • 2 Car Detached Garage
  • 4 Driveway Spaces
  • Parking Storage or Cabinetry

Home Design

  • Triplex
  • Carriage House
  • Stone Foundation
  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 2,019 Sq Ft Home
  • Built-In Features
  • Beamed Ceilings
  • Ceiling Fan
  • Skylights
  • Recessed Lighting
  • 1 Fireplace
  • Double Pane Windows
  • Stained Glass
  • Bay Window
  • French Doors

Kitchen

  • Eat-In Kitchen
  • Gas Oven or Range
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Stone
  • Tile or Brick

Laundry

  • Dryer
  • Washer

Unfinished Basement

  • Partial Basement
  • Interior Basement Entry
  • Dirt Floor

Outdoor Features

  • Deck
  • Exterior Lighting

Additional Homes

  • Additional Residence on Property

Schools

  • Buckingham Elementary School
  • Holicong Middle School
  • Central Bucks High School East

Utilities

  • Window Unit Cooling System
  • Radiator
  • Electric Baseboard Heater
  • 100 Amp Service
  • Well
  • Natural Gas Water Heater
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • The owner pays for all utilities, electricity, gas, heat, heater maintenance contract, insurance, lawn/shrub care, pest control, repairs, sewer, snow removal, real estate taxes, trash collection
  • Tax Lot 001
  • Assessor Parcel Number 06-013-001

Community Details

Overview

  • 3 Units

Building Details

  • Income includes apartment rentals, parking
  • Operating Expense $23,408
  • Net Operating Income $25,192

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,260

Year Built

Built in 1878

Lot Details

0

Parking

2

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Triplex
  • Structure Type: Detached
  • Architectural Style: Carriage House
  • Ownership: Fee Simple
  • Exclusions: tenants personal property
  • Historic: No
  • Inclusions: appliances in all units
  • New Construction: No
  • Year Built: 1878
  • Automatically Close On Close Date: No
  • Building Winterized: No
  • Remarks Public: This income property has been well maintained and already has three established tenants. It has a good cap rate and brings in a gross monthly income of $4,050.00. The main house is split into two units, an upstairs unit that features a large one bedroom and rents for $1,100/month. A downstairs two bedroom with beautiful stone floors and walls with exposed beams and rents for $1,850.00/month. The third unit is a cottage located behind the main house. It has one bedroom, a wood burning fire place, and separate utilities. It rents for $1,100.00/month. Each of the units come with two parking spots. Pro Forma is available upon request. Showings are Wednesdays and Saturdays between the hours of 11am-3:30pm ONLY, no exceptions. 24 hours notice is required and the listing agent must accompany.
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Dryer, Oven/Range - Gas, Refrigerator, Washer, Water Heater
  • Flooring Type: Carpet, Tile/Brick, Hardwood, Wood, Stone
  • Interior Amenities: Built-Ins, Ceiling Fan(s), Exposed Beams, Kitchen - Eat-In, Recessed Lighting, Skylight(s), Stain/Lead Glass
  • Window Features: Bay/Bow, Double Pane, Skylights
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Door Features: French
  • Wall Ceiling Types: Dry Wall, Beamed Ceilings
  • Foundation Details: Stone
  • Basement: Yes
  • Basement Type: Dirt Floor, Interior Access, Unfinished, Partial
  • Total Sq Ft: 2019
  • Living Area Sq Ft: 2019
  • Price Per Sq Ft: 245.17
  • Above Grade Finished Sq Ft: 2019
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 2692

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Other Structures List: 2nd House
  • Construction Materials: Frame
  • Exterior Features: Exterior Lighting
  • Road Surface Type: Paved
  • Roof: Shingle
  • Spa: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Parking Features: Asphalt Driveway, Paved Driveway, Private
  • Garage Features: Additional Storage Area
  • Number Of Detached Garage Spaces: 2
  • Total Garage And Parking Spaces: 6
  • Type Of Parking: Detached Garage, Driveway
  • Number of Spaces in Driveway: 4

Utilities

  • Central Air Conditioning: No
  • Cooling Type: Ceiling Fan(s), Window Unit(s)
  • Electric Service: 100 Amp Service
  • Heating Fuel: Natural Gas
  • Heating Type: Baseboard - Electric, Radiator
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv, Phone, Electric Available, Natural Gas Available
  • Water Source: Well
  • Municipal Trash: No

Schools

  • School District: CENTRAL BUCKS
  • Elementary School: BUCKINGHAM
  • Middle School: HOLICONG
  • High School: CENTRAL BUCKS HIGH SCHOOL EAST
  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Key: 300200397327
  • School District Source: Listing Agent
  • Elementary School: BUCKINGHAM
  • High School: CENTRAL BUCKS HIGH SCHOOL EAST
  • Middle Or Junior School: HOLICONG

Lot Info

  • Land Use Code: 1001
  • Lot Features: Front Yard, Landscaping, Open, Partly Wooded, Rear Yard, Road Frontage, Sideyard(s), Sloping
  • Lot Size Acres: 1.19
  • Lot Dimensions: 131.00 x 397.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 52007.00
  • Outdoor Living Structures: Deck(s)
  • Property Condition: Average
  • Year Assessed: 2021
  • Zoning: VR

Rental Info

  • Existing Lease Type: Gross
  • Owner Pays: All Utilities, Electricity, Gas, Heat, Heater Maintenance Contract, Insurance, Lawn/Shrub Care, Pest Control, Repairs, Sewer, Snow Removal, Taxes - Real Estate, Trash Collection
  • Rent Control: No
  • Total Actual Rent: 43600.00
  • Units Leased Count: 3
  • Vacation Rental: No

Tax Info

  • School Tax: 3453.00
  • Tax Annual Amount: 4260.00
  • Assessor Parcel Number: 06-013-001
  • Tax Lot: 001
  • Tax Total Finished Sq Ft: 2019
  • County Tax Payment Frequency: Annually
  • Tax Year: 2021
  • Close Date: 12/08/2021

Multi Family

  • Income Includes: Apartment Rentals, Parking
  • Operating Expense: 23408.00
  • Vacancy Allowance Rate: 3.00

MLS Schools

  • School District Name: CENTRAL BUCKS

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/08/2021 12/08/21 Sold $480,000 -3.0% $238 / Sq Ft
10/13/2021 10/13/21 Pending -- -- --
10/11/2021 10/11/21 For Sale $495,000 -- $245 / Sq Ft
Source: Bright MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Christina Nisbet

    Seller's Agent in 2021

    Christina Nisbet

    J. Carroll Molloy Realtor, LLC

    (215) 416-9249

    9 in this area

    69 Total Sales

    Christina Nisbet
    Section Image
  • Kaycee Hoover

    Seller Co-Listing Agent in 2021

    Kaycee Hoover

    J. Carroll Molloy Realtor, LLC

    (856) 981-4138

    1 in this area

    1 Total Sale

    Kaycee Hoover
    Section Image
  • Jaimie Meehan

    Buyer's Agent in 2021

    Jaimie Meehan

    Iron Valley Real Estate Doylestown

    (215) 340-5700

    2 in this area

    67 Total Sales

    Jaimie Meehan
    Section Image
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Map

Source: Bright MLS

MLS Number: PABU2000435

Bright MLS
Pennsylvania Bucks County Doylestown 18902

2692 Durham Rd, Doylestown, PA

This home is located at 2692 Durham Rd, Doylestown, PA 18902 since 11 October 2021. This property was built in 1878. 2692 Durham Rd is a home located in Bucks County with nearby schools including Buckingham Elementary School, Holicong Middle School, and Central Bucks High School - East.

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