NOT LISTED FOR SALE
8 Beds
4 Baths
3,875 Sq Ft
1.17 Acres

Last Sold October 21, 2021

Last sale price $500,000 $129 Per Sq Ft

60 Days on Market

Highlights

  • Second Garage
  • No HOA
  • Porch
  • Colonial Architecture
  • 6 Car Detached Garage
  • Back, Front, and Side Yard

About This Home

As of October 2021

Welcome to this income producing rental property with 3 units, each with long term tenants. Rental unit 908 is a 3 bedroom, 1.5 bath twin home with Eat-in kitchen, Living room, Dining room. Main floor laundry, powder room, and storage area. All 3 bedrooms with full hall bathroom are on the second level. Attic storage and detached 2 car garage/barn. Unit 910 is also 3 Bedroom, 1 Bath, twin home with Eat-in kitchen, Dining room, Living room, and Main floor laundry and storage area. All 3 bedrooms are on the second level with a full hall bath. There's attic storage available. This unit also has a 2 car detached garage. Unit 912 is a 2 Bedroom, 1 Bath ranch style single home with Eat -in kitchen and Living room. Basement laundry and attic storage. Unit 912 also has a 2 car detached garage. Heating systems are on annual maintenance contract with 2 of the heating systems fairly new. The roofs on all 3 homes are approx. 5 years old. The 3 units are located on a 1+ acre parcel in Hilltown Township conveniently located to Routes 309, 152 and 113.

Last Agent to Sell the Property

Thomas Loughridge

RE/MAX 440 - Perkasie License #RS250649 Listed on: 07/01/2021

Last Buyer's Agent

Christian Skiffington

RE/MAX 440 - Perkasie License #RS327166

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,372

Year Built

  • Built in 1930

Lot Details

  • 1.17 Acre Lot
  • Back, Front, and Side Yard

Parking

  • 6 Car Detached Garage
  • 8 Driveway Spaces
  • Second Garage

Home Design

  • Colonial Architecture
  • Rambler Architecture
  • Frame Construction
  • Shingle Roof
  • Vinyl Siding
  • Asbestos
  • Masonry

Interior Spaces

  • 3,875 Sq Ft Home
  • Basement Fills Entire Space Under The House

Outdoor Features

  • Porch

Utilities

  • Window Unit Cooling System
  • Heating System Uses Oil
  • Hot Water Heating System
  • 100 Amp Service
  • Summer or Winter Changeover Switch For Hot Water
  • Well
  • Oil Water Heater
  • Mound Septic
  • On Site Septic

Listing and Financial Details

  • The owner pays for heater maintenance contract, insurance, pest control, sewer maintenance, real estate taxes
  • Tax Lot 058
  • Assessor Parcel Number 15-032-058

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Building Details

  • Income includes apartment rentals
  • Insurance Expense $2,556
  • Maintenance Expense $1,200
  • Other Expense $687
  • Net Operating Income $33,124

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,372

Year Built

Built in 1930

Lot Details

0

Parking

6

Listing Details

  • Property Type: Multi-Family
  • Architectural Style: Colonial, Ranch/Rambler
  • Ownership: Fee Simple
  • Exclusions: Tenants Personal Items
  • Home Warranty: No
  • New Construction: No
  • Other Expense: 687.00
  • Year Built: 1930
  • Automatically Close On Close Date: No
  • Remarks Public: Welcome to this income producing rental property with 3 units, each with long term tenants. Rental unit 908 is a 3 bedroom, 1.5 bath twin home with Eat-in kitchen, Living room, Dining room. Main floor laundry, powder room, and storage area. All 3 bedrooms with full hall bathroom are on the second level. Attic storage and detached 2 car garage/barn. Unit 910 is also 3 Bedroom, 1 Bath, twin home with Eat-in kitchen, Dining room, Living room, and Main floor laundry and storage area. All 3 bedrooms are on the second level with a full hall bath. There's attic storage available. This unit also has a 2 car detached garage. Unit 912 is a 2 Bedroom, 1 Bath ranch style single home with Eat -in kitchen and Living room. Basement laundry and attic storage. Unit 912 also has a 2 car detached garage. Heating systems are on annual maintenance contract with 2 of the heating systems fairly new. The roofs on all 3 homes are approx. 5 years old. The 3 units are located on a 1+ acre parcel in Hilltown Township conveniently located to Routes 309, 152 and 113.
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Basement: Yes
  • Basement Type: Full
  • Total Sq Ft: 3875
  • Living Area Sq Ft: 3875
  • Price Per Sq Ft: 129.03
  • Above Grade Finished Sq Ft: 3875
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 908, 910, 912

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Other Structures List: 2nd Garage
  • Construction Materials: Frame, Asbestos, Masonry, Vinyl Siding
  • Roof: Shingle
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 6.00
  • Garage: Yes
  • Parking Features: Paved Parking
  • Garage Features: Oversized
  • Number Of Detached Garage Spaces: 6
  • Total Garage And Parking Spaces: 14
  • Type Of Parking: Detached Garage, Driveway
  • Number of Spaces in Driveway: 8

Utilities

  • Central Air Conditioning: No
  • Cooling Type: Window Unit(s)
  • Electric Service: 100 Amp Service
  • Heating Fuel: Oil
  • Heating Type: Hot Water
  • Heating: Yes
  • Hot Water: Electric, Oil, S/W Changeover
  • Pest Control Expense: 742.00
  • Sewer/Septic System: On Site Septic, Mound System
  • Water Source: Well

Condo/Co-op/Association

  • HOA: No

Schools

  • School District: PENNRIDGE
  • School District Key: 300200397141
  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 32280.00
  • Land Assessed Value: 5320.00
  • Land Use Code: 1001
  • Lot Features: Front Yard, Rear Yard, Sideyard(s)
  • Lot Size Acres: 1.17
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 50965.20
  • Outdoor Living Structures: Porch(es)
  • Year Assessed: 2021
  • Zoning: RR
  • Zoning Description: 1001 Res

Rental Info

  • Existing Lease Type: Month To Month
  • Number Of Units Month To Month: 3
  • Owner Pays: Heater Maintenance Contract, Insurance, Pest Control, Sewer Maintenance, Taxes - Real Estate
  • Total Actual Rent: 44709.00
  • Units Leased Count: 3
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 79368
  • School Tax: 5086.00
  • Tax Annual Amount: 6372.00
  • Assessor Parcel Number: 15-032-058
  • Tax Lot: 058
  • Tax Page Number: 564
  • Tax Total Finished Sq Ft: 3875
  • County Tax Payment Frequency: Annually
  • Tax Year: 2021
  • Close Date: 10/21/2021

Multi Family

  • Gross Income: 44709.00
  • Income Includes: Apartment Rentals

MLS Schools

  • School District Name: PENNRIDGE

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
10/21/2021 10/21/21 Sold $500,000 0.0% $129 / Sq Ft
08/30/2021 08/30/21 Pending -- -- --
08/26/2021 08/26/21 Price Changed $500,000 -4.8% $129 / Sq Ft
07/22/2021 07/22/21 Price Changed $525,000 -4.5% $135 / Sq Ft
07/01/2021 07/01/21 For Sale $550,000 -- $142 / Sq Ft
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: PABU2001810

Bright MLS