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Listing 18 out of 402
$225,000 New For Sale

43 N Hellertown Avenue
Quakertown, PA 18951

Multi Family Home
6534 sq ft lot - MLS# PABU471460
Property Photo
1/24

Description

Attention Investors! This 2 unit residential duplex is in turn-key condition with excellent cash flow and ready for new ownership! Gross annual income $27, 600. 2 apartments: (1) 1st floor 1 bedroom unit $1000 on month-to-month lease. (2) 2nd and 3rd floor 2 bedroom unit $1300/month recently vacated. Owner pays heat (gas), water, sewer, taxes and insurance. New roof, hardwood floors, new kitchens, windows, paint and renovated baths. Huge yard with paved walkway to 2 bay electrified garage with workshop. Off street parking in the alley and garage. In high demand, these apartments are clean and bright and right in the heart of Quakertown. Easy walk to new downtown restaurants, brewery, gyms, cafes and stores. The large 2 bedroom apartment ($1300/month) encompasses 2 floors. The 2nd floor has a new open kitchen (13x17), large laundry room (15 x 8) with a bank of windows and exterior access to the backyard. The living room (12x12) is located immediately off the kitchen and just down the hall is a bedroom (13x13) with hall closet. Upstairs on the 3rd floor is a bedroom (16x15) with a 20x9 walk-in closet or bonus room with large window. The first floor 1 bedroom apartment has a private side entrance with one-step up to enter the large (15x13) kitchen with separate laundry and pantry (7x6) and renovated full bath. The comfortable living room (12x12) and bedroom (12x12) are directly off the kitchen area. Easy exit right out to the backyard with deck. Don~t miss this opportunity for investment is fast-growing Quakertown!

Features

  • Property Type: Multi Family Home
  • Sub Type: Duplex, Detached
  • Listing Status: Active
  • County/Area: Bucks County
  • Zip Code: 18951
  • Year Built: 1930
  • School District: Quakertown Community
  • Elementary School: Quakertown
  • Middle School: Quakertown
  • High School: Quakertown Community Senior
  • Sq.Ft.: 1,680 sq ft
  • Style: Colonial
  • Basement: Yes, Partial
  • Garage: 1-Car, Yes, Garage - Front Entry
  • Lot Size: 6534 sq ft lot
  • View: Garden/Lawn, Scenic Vista
  • Zoning: R4
  • # of Detached Garage Spaces: 1
  • Above Grade Fin SQFT: 1,680
  • Above Grade Fin SQFT Source: Assessor
  • Above Grade Finished Area Units: Square Feet
  • Annual Rental Income: $27600.00
  • Appliances: Dryer, Refrigerator, Stove, Washer
  • Below Grade Fin SQFT Source: Assessor
  • Below Grade Finished Area Units: Square Feet
  • Below Grade Unfin Area Units: Square Feet
  • Below Grade Unfin SQFT Source: Assessor
  • Building Total SQFT: 1,680
  • Building Units Total: 1
  • Cap Rate: 8.00
  • Construction Materials: Frame
  • Cooling: Electric
  • Cooling Type: Wall Unit
  • Directions: Route 313 to Hellertown Ave to 43 N Hellertown.
  • Flooring Type: Hardwood, Ceramic Tile
  • Foundation Details: Stone
  • Gross Income: $27600.00
  • Gross Scheduled Income: 27600.00
  • Heating: Natural Gas
  • Heating Type: Hot Water
  • Heating Y/N: Yes
  • Hot Water: Natural Gas
  • Improvements: Above Grade, Below Grade
  • Inclusions: Washers, Dryers, Refrigerators
  • Income Includes: Apartment Rentals
  • Insurance Expense: 960.00
  • Interior Features: Wood Floors, Walk-in Closet(s), Entry Level Bedroom
  • Land Use Code: 1001
  • Lot Dimensions: 33.00 x 200.00
  • Lot SQFT: 6,600
  • Lot Size Source: Assessor
  • Lot Size Units: Square Feet
  • Municipal Trash Y/N: Yes
  • Net Operating Income: 21550.00
  • Number Of Units Month To Month: 1
  • Number Of Units Vacant: 1
  • One Bedroom Units Count: 1
  • Operating Expense: 6050.00
  • Operating Expense Includes: Insurance
  • Other Units: Unit 1, Unit 2
  • OtherStructuresList:Other Structures: Garage(s)
  • Owner Pays: Common Area Maintenance, Heat, Heater Maintenance Contract, Insurance, Lawn/Shrub Care, Repairs, Sewer, Snow Removal, Taxes - Real Estate, Water
  • Ownership Interest: Fee Simple
  • Photo Option: Lister Will Upload All
  • Property Condition: Average+
  • Roof: Shingle
  • SchoolDistrictSource: Listing Agent
  • Sewer Septic: Public Sewer
  • Tax Annual Amount: 2545.0
  • Tax Total Finished SQFT: 1,680
  • Tax Year: 2019
  • Total Below Grade SQFT Source: Assessor
  • Total Finished SQFT: 1,680
  • Total Finished SQFT Source: Assessor
  • Total Garage and Parking Spaces: 1
  • Total SQFT Source: Assessor
  • Two Bedroom Units Count: 1
  • Type Of Parking: Detached Garage, Alley, Off Street, On Street
  • Units Leased Count: 2
  • Water Avg / Month: 80.0
  • Water Previous 12 Months: 960.00
  • Water Source: Public
  • Window Features: Energy Efficient, Replacement
  • Year Built Source: Assessor
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