$380,000

Estimated payment $2,416/month

Total Views 668
-- Bed
-- Bath
1,754 Sq Ft
$217 Price per Sq Ft

About This Home

This is an exceptional investment opportunity! This duplex features two units with stable, long-term tenants who would love to stay. The first-floor unit is a spacious 2-bedroom, 1-bath with a large master bedroom that includes a walk-in closet and a sitting/desk area. This unit rents for $1,100. The second-floor unit offers a 3-bedroom, 1-bath layout, with one bedroom on the second floor and two on the third. This unit rents for $1,300. Both rents are well below market value. Additionally, the garage was once rented separately, adding to the potential income stream. The property was originally a commercial storefront and was converted to residential living, with the possibility to revert it back to commercial use (buyer to confirm with the township and do own due diligence). Both tenants have been there for a long time and are currently on month-to-month leases. Landlord currently pays gas, water/sewer and tenant pays electric/cable and all other utilities. The seller has completed many of the necessary certifications for Penndel Township's use and occupancy, and clear heater, chimney, and termite certifications are available. The seller is also in the process of completing the sewer certification. This property offers a great opportunity for an investor looking for steady income with room for improvement in rents. **Agent is related to seller**

Listing Agent

Christina Bachinsky

Keller Williams Real Estate-Langhorne Listed on: 07/17/2025

Keller Williams Real Estate-Langhorne

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,726

Year Built

  • Built in 1920

Lot Details

  • 4,116 Sq Ft Lot
  • Lot Dimensions are 28.00 x 147.00

Home Design

  • 1,754 Sq Ft Home
  • Duplex
  • Block Foundation
  • Frame Construction

Parking

  • Driveway
  • Parking Lot

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Natural Gas Water Heater

Community Details

  • 2 Units

Listing and Financial Details

  • Tax Lot 151
  • Assessor Parcel Number 32-003-151

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,726

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Twin/Semi-Detached
  • Ownership: Fee Simple
  • Inclusions: washer, dryer, refrigerator in both units all in as is condition
  • New Construction: No
  • Year Built: 1920
  • Remarks Public: This is an exceptional investment opportunity! This duplex features two units with stable, long-term tenants who would love to stay. The first-floor unit is a spacious 2-bedroom, 1-bath with a large master bedroom that includes a walk-in closet and a sitting/desk area. This unit rents for $1,100. The second-floor unit offers a 3-bedroom, 1-bath layout, with one bedroom on the second floor and two on the third. This unit rents for $1,300. Both rents are well below market value. Additionally, the garage was once rented separately, adding to the potential income stream. The property was originally a commercial storefront and was converted to residential living, with the possibility to revert it back to commercial use (buyer to confirm with the township and do own due diligence). Both tenants have been there for a long time and are currently on month-to-month leases. Landlord currently pays gas, water/sewer and tenant pays electric/cable and all other utilities. The seller has completed many of the necessary certifications for Penndel Township's use and occupancy, and clear heater, chimney, and termite certifications are available. The seller is also in the process of completing the sewer certification. This property offers a great opportunity for an investor looking for steady income with room for improvement in rents. **Agent is related to seller**
  • Special Features: None

Interior Features

  • Fireplace: No
  • Foundation Details: Block
  • Total Sq Ft: 1754
  • Living Area Sq Ft: 1754
  • Price Per Sq Ft: 216.65
  • Above Grade Finished Sq Ft: 1754
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 35

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: Driveway, Parking Lot

Utilities

  • Central Air Conditioning: No
  • Cooling Type: Window Unit(s)
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Schools

  • School District: NESHAMINY
  • School District Key: 300200397330
  • School District Source: Listing Agent

Lot Info

  • Land Use Code: 1023
  • Lot Size Acres: 0.09
  • Lot Dimensions: 28.00 x 147.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 4116.00
  • Year Assessed: 2025
  • Zoning: RC

Rental Info

  • Existing Lease Type: Month To Month
  • Units Leased Count: 2
  • Vacation Rental: No

Tax Info

  • School Tax: 2906.00
  • Tax Annual Amount: 3726.00
  • Assessor Parcel Number: 32-003-151
  • Tax Lot: 151
  • Tax Total Finished Sq Ft: 1754
  • County Tax Payment Frequency: Annually
  • Tax Year: 2025

MLS Schools

  • School District Name: NESHAMINY

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $3,576 $16,000 $5,280 $10,720
2023 $3,544 $16,000 $5,280 $10,720
2022 $3,454 $16,000 $5,280 $10,720
2021 $3,502 $16,000 $5,280 $10,720
2020 $3,510 $16,000 $5,280 $10,720
2019 $3,436 $16,000 $5,280 $10,720
2018 $3,369 $16,000 $5,280 $10,720
2017 $3,288 $16,000 $5,280 $10,720
2016 -- $16,000 $5,280 $10,720
2015 -- $16,000 $5,280 $10,720
2014 -- $16,000 $5,280 $10,720
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/17/2025 07/17/25 For Sale $380,000 -- $217 / Sq Ft
Source: Bright MLS

Purchase History

Date Type Sale Price Title Company
Deed $190,000 None Available
Deed $114,280 --
Deed $138,900 --
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $111,000 Purchase Money Mortgage
Previous Owner $111,000 Purchase Money Mortgage
Source: Public Records

Source: Bright MLS

MLS Number: PABU2100552

Bright MLS

APN: 32-003-151