Property
Beds
None
Full Baths
None
1/2 Baths
None
Year Built
None
Sq.Footage
7,908
Own a corner of the heart of downtown New Hope and live where you work, set up a prime downtown residence, or just enjoy the return on your investment collecting rents (and beat the market returns): two parcels that are comprised of a combination of commercial and residential rentals. Three long term commercial leases (including the anchor tenant Dunkin' Donuts, leased through 2020 with a 5 year renewal option) and six residential rentals (five apartments plus one detached cottage). Almost all apartments fully remodeled and bringing in healthy and reliable rents. Off-street parking for 5 or 6 cars, 100% occupied rent rolls, and a premium location. Across the street from Starbucks and the bridge to Lambertville, NJ, this property is the cornerstone of downtown New Hope and will always be in high demand. Convert one or more of the apartments into a premium residence or move into the cottage, all the while collecting rents from the rest of the property. Some seller upgrades are coming this summer to reduce carrying costs and increase rents in two units, please consult the listing agent for P&L, occupancy, and details.
Features & Amenities
Interior
-
Other Interior Features
Eat-in Kitchen
-
Total Bedrooms
N/A
-
Bathrooms
N/A
-
Above Grade Finished Area
7908.0
-
Basement YN
YES
-
Cooling YN
YES
-
Cooling
Central Air
-
Fireplace YN
NO
-
Heating YN
YES
-
Heating
Electric, Natural Gas, Oil, Hot Water, Forced Air, Zoned
-
Pet friendly
N/A
Exterior
-
Garage
No
-
Construction Materials
Stucco
-
Parking
Assigned
-
Pool
No
-
Waterfront YN
NO
-
View
Water
Area & Lot
-
Property Type
Residential
-
Property Sub Type
Duplex
-
Architectural Style
Colonial
Price
-
Sales Price
$2,500,000
-
Tax Amount
7115.0
-
Sq. Footage
7, 908
-
Price/SqFt
$316
HOA
-
Association
No
School District
-
Elementary School
N/A
-
Middle School
NEW HOPE-SOLEBURY
-
High School
NEW HOPE-SOLEBURY
Property Features
-
Foundation Details
Stone
-
Sewer
Public Sewer
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Location
County
BUCKS
Elementary School
Middle School
NEW HOPE-SOLEBURY
High School
NEW HOPE-SOLEBURY
Listing Courtesy of Stephen G Darlington , BHHS Fox & Roach-New Hope
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Owner, Principal Broker
Christy Issler
Call Christy today to schedule a private showing.
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