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Steve Walny, REALTOR®
Bucks County
215-862-7207
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Listing 10 out of 13
$2,650,000 For Sale

3088 Street Road
Buckingham, PA 18902

Multi Family Home
5.29 acres - MLS# 1001806186
Property Photo
1/25

Description

If you are stressed about the stock market projections and looking for a smart diversification strategy, this incredible Bucks County estate/compound offers a proven and easy income stream with its prestigious location, turkey operations and fantastic rental history. With a standard down payment, you can enjoy a positive cash flow right out of the gate. Management company in place or bring your own. Equally appropriate for active or absentee owners. Demonstrated performance and continued appreciation for more than fifty years. Property includes a six bedroom manor home and seven adjacent rental units in the carriage house and barn. This resort-like setting spans over five acres, and includes manicured and tasteful gardens and courtyards, a stunning pool/spa yard that offers ample space for thirty to lounge and dine, even a 1, 200 square foot great room party space in the 1849 barn. Two horse-ready stalls, garage, exercise/storage room complete the picture. The carriage house and barn house seven 1-bedroom rental units that were originally built in the 1940s and which have been lovingly and beautifully restored by the current owners. Today, these legal units alone can generate more than $120, 000 in annual income. Additional rental opportunities take annual potential over $200, 000. Green Remarks: Energy Star HomeCert

Features

  • Property Type: Multi Family Home
  • Sub Type: Multi Family Home
  • Listing Status: Active
  • County/Area: Bucks County
  • Zip Code: 18902
  • Year Built: 1849
  • Subdivision/Neighborhood: Available
  • School District: Central Bucks
  • Sq.Ft.: 3,851 sq ft
  • Style: Converted Dwelling, Other
  • Basement: Yes, Partial, Unfinished, Outside Entrance, Drainage System
  • Lot Size: 5.29 acres
  • Zoning: AG
  • Above Grade Fin SQFT: 3,851
  • Above Grade Fin SQFT Source: Estimated
  • Above Grade Finished Area Units: Square Feet
  • Annual Gross Expense: 13723.00
  • Building Area Units: Square Feet
  • Building Total SQFT: 11,000
  • Building Total SQFT Source: Estimated
  • Building Units Total: 3
  • Central Air Y/N: Yes
  • Construction Materials: Wood Siding, Brick
  • Cooling: Electric
  • Cooling Type: Central A/C, Wall Unit
  • Directions: Route 202 N, left on Street Rd at Peddler's Village, cross over Upper York Rd to property on left.
  • Electric Service: Underground, 100 Amp Service, 200+ Amp Service, Circuit Breakers
  • Entry Location: Foyer
  • Flooring Type: Wood, Fully Carpeted, Tile/Brick, Stone
  • Heating: Oil, Natural Gas, Electric
  • Heating Type: Hot Water, Forced Air
  • Heating Y/N: Yes
  • Hot Water: Electric
  • Improvements: Above Grade
  • Interior Features: CeilngFan(s)
  • Land Use Code: 1018
  • Laundry Type: Washer In Unit, Dryer In Unit
  • Lot Dimensions: 0X0
  • Lot SQFT: 201,378
  • Lot Size Source: Owner
  • Lot Size Units: Square Feet
  • Main Entrance Orientation: Northwest
  • One Bedroom Units Count: 7
  • Original Listing ID: 7196812
  • Other Units: Unit 1, Unit 2, Unit 4, Unit 5, Unit 8, Unit 3, Unit 6, Unit 7
  • Ownership Interest: Fee Simple
  • Parking Features: Private
  • Photo Option: Lister Will Upload All
  • Property Condition: Average+Prop
  • Roof: Pitched, Shingle, Metal, Wood
  • Room List: Master Bedroom
  • Security Features: Security System
  • Sewer Septic: On Site Septic
  • Storage: Basement, Attic, Shed
  • Tax Annual Amount: 13723.0
  • Tax Year: 2019
  • Three Bedroom Units Count: 1
  • Total Finished SQFT: 3,851
  • Total Finished SQFT Source: Estimated
  • Total Garage and Parking Spaces: 8
  • Total Non-Garage Parking Spaces: 8
  • Total SQFT Source: Estimated
  • Type Of Parking: Driveway, Parking Lot
  • Utilities: Cable TV Available
  • Water Source: Well
  • Year Built Source: Estimated
Courtesy of Kurfiss Sotheby's International Realty

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