NOT LISTED FOR SALE

908 Easton Rd Riegelsville, PA 18077

-- Bed
4 Baths
4,544 Sq Ft
0.26 Acres

Last Sold September 17, 2021

Last sale price $520,000 $114 Per Sq Ft

Highlights

  • Colonial Architecture
  • Wood Flooring
  • Eat-In Kitchen
  • Springfield Elementary School Rated A-
  • No HOA
  • Property is in excellent condition

About This Home

As of September 2021

Incredible investor opportunity. LIVE in one of the units and lease out the other three units OR lease out ALL FOUR. One unit vacant because it was being updated. Other three have tenants and are occupied. Beautifully maintained and updated 4 town house unit property located in the adorable and historic borough of Riegelsville. Incorporated in 1916, "Riegelsville Borough is a small riverfront town in upper Bucks County. It has a rich economic history rooted in farming, manufacturing, and transportation. From its beginnings in the 18th century until the early 20th century, the town has served as a key crossing point across the Delaware River, as a stopping area along the Delaware Canal, and as a center for paper milling. Traditionally, the borough's commercial district has been at the heart of the town's economic activity, providing the necessary supporting goods and services for both residents and businesses." More history: "Incorporated in 1916, Riegelsville Borough is located on land formerly belonging to Durham Township. It's history is closely tied to the Durham Iron Works. Tobias Worman served as the first postmaster beginning in 1847. Settlement began around 1774 when Wendel Schenk purchased land from the Penns' Lieutenant Governor James Hamilton. Schenk either built or improved a Ferry across the Delaware, and the area became known as Schenk's Ferry. Sometime later, the land was acquired by Benjamin Riegel, a farmer, through a sheriff's sale. Thereafter the village was known as Riegelsville. The ferry was abandoned with the opening of a bridge in 1837. It was damaged by the flood of 1903 and had to be replaced by what is still current, a wire suspension bridge built by the Roebling steelworks.
At the close of the 19th century, through sometime in the 1920s, Riegelsville was a terminus of the Quakertown Eastern railroad, a 12-station line originated in Quakertown about 1896."

Last Agent to Sell the Property

Caryn Black

(267) 614-6484 Black.caryn@gmail.com B&B Luxury Properties License #RS283866 Listed on: 07/26/2021

Co-Listed By

Brooke Black

(267) 893-0625 brookeeblackk99@gmail.com B&B Luxury Properties

Last Buyer's Agent

Audrey Fannon

(215) 519-3500 audrey.fannon@lnf.com Iron Valley Real Estate Doylestown

Iron Valley Real Estate Doylestown

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,626

Year Built

  • Built in 1923

Lot Details

  • 0.26 Acre Lot
  • Lot Dimensions are 93.00 x 122.00
  • Level Lot
  • Back Yard
  • Property is in excellent condition

Parking

  • On-Street Parking

Home Design

  • Quadruplex
  • Colonial Architecture
  • Farmhouse Style Home
  • Asphalt Roof
  • Masonry

Interior Spaces

  • 4,544 Sq Ft Home
  • Basement Fills Entire Space Under The House
  • Eat-In Kitchen

Flooring

  • Wood
  • Ceramic Tile

Utilities

  • Window Unit Cooling System
  • Heating System Uses Oil
  • Back Up Oil Heat Pump System
  • Hot Water Baseboard Heater
  • Oil Water Heater
  • On Site Septic

Listing and Financial Details

  • The owner pays for accounting/legal, advertising/licenses and permits, heater maintenance contract, insurance, pest control, sewer maintenance, personal property taxes, real estate taxes
  • Tax Lot 140
  • Assessor Parcel Number 38-006-140

Community Details

Overview

  • No Home Owners Association
  • 4 Units
  • 2-Story Building

Building Details

  • 1 Vacant Unit

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,626

Year Built

Built in 1923

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Quadruplex
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Colonial, Farmhouse/National Folk
  • Ownership: Fee Simple
  • Historic: No
  • Home Warranty: No
  • New Construction: No
  • Expected On Market: 2021-07-26
  • Year Built: 1923
  • Automatically Close On Close Date: No
  • Building Winterized: No
  • Remarks Public: Incredible investor opportunity. LIVE in one of the units and lease out the other three units OR lease out ALL FOUR. One unit vacant because it was being updated. Other three have tenants and are occupied. Beautifully maintained and updated 4 town house unit property located in the adorable and historic borough of Riegelsville. Incorporated in 1916, "Riegelsville Borough is a small riverfront town in upper Bucks County. It has a rich economic history rooted in farming, manufacturing, and transportation. From its beginnings in the 18th century until the early 20th century, the town has served as a key crossing point across the Delaware River, as a stopping area along the Delaware Canal, and as a center for paper milling. Traditionally, the borough's commercial district has been at the heart of the town's economic activity, providing the necessary supporting goods and services for both residents and businesses." More history: "Incorporated in 1916, Riegelsville Borough is located on land formerly belonging to Durham Township. It's history is closely tied to the Durham Iron Works. Tobias Worman served as the first postmaster beginning in 1847. Settlement began around 1774 when Wendel Schenk purchased land from the Penns' Lieutenant Governor James Hamilton. Schenk either built or improved a Ferry across the Delaware, and the area became known as Schenk's Ferry. Sometime later, the land was acquired by Benjamin Riegel, a farmer, through a sheriff's sale. Thereafter the village was known as Riegelsville. The ferry was abandoned with the opening of a bridge in 1837. It was damaged by the flood of 1903 and had to be replaced by what is still current, a wire suspension bridge built by the Roebling steelworks. At the close of the 19th century, through sometime in the 1920s, Riegelsville was a terminus of the Quakertown Eastern railroad, a 12-station line originated in Quakertown about 1896."
  • Special Features: None

Interior Features

  • Flooring Type: Ceramic Tile, Wood
  • Interior Amenities: Kitchen - Eat-In
  • Fireplace: No
  • Basement: Yes
  • Basement Type: Full
  • Total Sq Ft: 4544
  • Living Area Sq Ft: 4544
  • Price Per Sq Ft: 110.03
  • Above Grade Finished Sq Ft: 4544
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 908

Exterior Features

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

Garage/Parking

  • Garage: No
  • Type Of Parking: On Street

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Window Unit(s)
  • Heating Fuel: Oil
  • Heating Type: Baseboard - Hot Water, Heat Pump - Oil Backup
  • Heating: Yes
  • Hot Water: Oil
  • Sewer/Septic System: On Site Septic
  • Water Source: Public

Condo/Co-op/Association

  • HOA: No
  • Association Recreation Fee: No

Schools

  • School District: PALISADES
  • School District Key: 300200397129
  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 30560.00
  • Land Assessed Value: 5400.00
  • Land Use Code: 1011
  • Lot Features: Level, Not In Development, Rear Yard
  • Lot Size Acres: 0.26
  • Lot Dimensions: 93.00 x 122.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 11346.00
  • Property Condition: Excellent, Very Good
  • Year Assessed: 2021
  • Zoning: R

Rental Info

  • Existing Lease Type: Yearly
  • Owner Pays: Accounting/Legal, Advertising/Licenses And Permits, Heater Maintenance Contract, Insurance, Pest Control, Sewer Maintenance, Taxes - Personal Property, Taxes - Real Estate
  • Rent Control: No
  • Units Leased Count: 3
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 171666
  • School Tax: 4171.00
  • Tax Annual Amount: 5626.00
  • Assessor Parcel Number: 38-006-140
  • Tax Lot: 140
  • Tax Total Finished Sq Ft: 4544
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2021
  • Close Date: 09/17/2021

Multi Family

  • Number Of Units Vacant: 1

MLS Schools

  • School District Name: PALISADES

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
09/17/2021 09/17/21 Sold $520,000 +4.0% $114 / Sq Ft
08/03/2021 08/03/21 For Sale $499,999 -3.8% $110 / Sq Ft
08/02/2021 08/02/21 Pending -- -- --
08/01/2021 08/01/21 Off Market $520,000 -- --
07/26/2021 07/26/21 For Sale $499,999 0.0% $110 / Sq Ft
09/01/2015 09/01/15 Rented $900 0.0% --
08/22/2015 08/22/15 Under Contract -- -- --
07/15/2015 07/15/15 For Rent $900 0.0% --
12/07/2012 12/07/12 Sold $275,000 -8.0% $61 / Sq Ft
09/29/2012 09/29/12 Pending -- -- --
07/17/2012 07/17/12 For Sale $299,000 0.0% $66 / Sq Ft
04/17/2012 04/17/12 Rented $850 -15.0% --
04/16/2012 04/16/12 Under Contract -- -- --
02/03/2012 02/03/12 For Rent $1,000 -- --
Source: Bright MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PABU2003914

Bright MLS