NOT LISTED FOR SALE

312 E Broad St Quakertown, PA 18951

7 Beds
4 Baths
3,636 Sq Ft
9,450 Sq Ft Lot

Last Sold August 19, 2021

Last sale price $547,000 $150 Per Sq Ft

10 Days on Market

About This Home

As of August 2021

Great INVESTMENT OPPORTUNITY to purchase a meticulously maintained 4-Unit apartment building located in the heart of downtown Quakertown. Just blocks away from all of the downtown shops and restaurants. Each unit offers separate entry doors, 2 off-street parking spots, storage, laundry, 100 amp service, gas furnace, water heater. Tenants pay all utilities except for water. Strong cash flow and 100% occupancy in all 4-units -- currently grossing $49,800/yr. Property is being sold AS-IS.

Last Agent to Sell the Property

Robert Gemmel

House & Land Real Estate License #RS343115 Listed on: 06/14/2021

House & Land Real Estate

Last Buyer's Agent

Marjorie Wingate

Coldwell Banker Hearthside

Coldwell Banker Hearthside

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1910

Lot Details

  • 9,450 Sq Ft Lot
  • Land Lease

Parking

  • Parking Lot

Home Design

  • 3,636 Sq Ft Home
  • Stucco

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 4 Full Bathrooms

Additional Features

  • Washer Hookup
  • Heating Available

Community Details

Overview

  • 4 Units

Building Details

  • Electric Expense $50
  • Insurance Expense $2,000
  • Trash Expense $29
  • Operating Expense $8,000
  • Gross Income $49,800
  • Net Operating Income $39,800

Property Details

Home Type

Multi-Family

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Land
  • Year Built: 1910
  • LotSizeAcres: 0.217
  • Co List Office Mls Id: KWILA
  • Subdivision Name: Not in Development
  • Year Built Details: Unknown
  • PropertySubTypeAdditional: Detached,Residential,Land
  • Special Features: None

Interior Features

  • Full Bathrooms: 4
  • Total Bedrooms: 7
  • Living Area: 3636.0

Exterior Features

  • Construction Type: Stucco
  • Property Condition: Unknown

Garage/Parking

  • Parking Features: Parking Lot, Unpaved

Utilities

  • Cooling: None
  • Sewer: Public Sewer
  • Laundry Features: Washer Hookup
  • Heating Yn: Yes
  • Water Source: Public

Fee Information

  • Operating Expense: 8000.0
  • Trash Expense: 29.0

Schools

  • Junior High Dist: Not Applicable

Lot Info

  • Land Lease: Yes
  • Lot Size Sq Ft: 9450.0
  • Zoning: r4

Multi Family

  • Number Of Units Total: 4
  • Electric Expense: 50.0
  • Insurance Expense: 2000.0
  • Property Net Operating Income: 39800.0

Range of Values:

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Average Value
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List Price
Sold Price
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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
08/19/2021 08/19/21 Sold $547,000 0.0% $150 / Sq Ft
08/17/2021 08/17/21 Sold $547,000 +7.3% $150 / Sq Ft
06/17/2021 06/17/21 Pending -- -- --
06/17/2021 06/17/21 Pending -- -- --
06/13/2021 06/13/21 For Sale $510,000 0.0% $140 / Sq Ft
06/07/2021 06/07/21 For Sale $510,000 0.0% $140 / Sq Ft
04/01/2021 04/01/21 Rented $1,400 +16.7% --
03/17/2021 03/17/21 For Rent $1,200 -- --
Source: Greater Lehigh Valley REALTORS®

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2021

    Robert Gemmel

    House & Land Real Estate

    (857) 205-2778

    2 in this area

    30 Total Sales

    Robert Gemmel
    Section Image
  • Marjorie Wingate

    Buyer's Agent in 2021

    Marjorie Wingate

    Coldwell Banker Hearthside

    (215) 669-1564

    1 in this area

    3 Total Sales

    Marjorie Wingate
    Section Image

  • D

    Buyer's Agent in 2021

    Dorothy Thornton

    Coldwell Banker Hearthside-Doylestown

    Section Image
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Map

Source: Greater Lehigh Valley REALTORS®

MLS Number: 669660

Greater Lehigh Valley REALTORS®
Pennsylvania Bucks County Quakertown 18951

312 E Broad St, Quakertown, PA

This home is located at 312 E Broad St, Quakertown, PA 18951 since 14 June 2021. This property was built in 1910. 312 E Broad St is a home located in Bucks County with nearby schools including Richland Elementary School, Strayer Middle School, and Quakertown Community Senior High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Greater Lehigh Valley REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

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