NOT LISTED FOR SALE

2692 Durham Rd Doylestown, PA 18902

Studio
-- Bath
2,019 Sq Ft
1.19 Acres Lot

Sale Details

Date Sold: December 8, 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) 348-3558 chris@chrisnisbet.com J. Carroll Molloy Realtor, LLC License #RB007238 Listed on: 10/11/2021

Co-Listed By

Kaycee Hoover

(215) 348-3558 chris@chrisnisbet.com J. Carroll Molloy Realtor, LLC

Last Buyer's Agent

Jaimie Meehan

(267) 703-5050 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
  • Heating System Uses Natural Gas
  • 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

1.19 Acres

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
  • 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

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

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

Lot Info

  • 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
  • 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
  • County Tax Payment Frequency: Annually
  • Tax Year: 2021

Multi Family

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

MLS Schools

  • School District Name: CENTRAL BUCKS
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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 List to Sale Price per Sq Ft
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

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PABU2000435

Bright MLS
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