Feasterville Trevose, PA 19053,3959 BROWNSVILLE RD
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Feasterville Trevose, PA 19053,3959 BROWNSVILLE RD
Feasterville Trevose, PA 19053,3959 BROWNSVILLE RD
Feasterville Trevose, PA 19053,3959 BROWNSVILLE RD
Feasterville Trevose, PA 19053,3959 BROWNSVILLE RD

$610,000

Est. payment /mo

$699,000

12.7%
Est.Price: ?

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3959 BROWNSVILLE RD Feasterville Trevose, PA 19053

3,500 SqFt

SOLD DATE : 07/14/2023

Key Details

Sold Price $610,000

Property Type Multi-Family

Sub Type Detached

Listing Status Sold

Purchase Type For Sale

Square Footage 3,500 sqft

Price per Sqft $174

MLS Listing ID PABU2048852

Sold Date 07/14/23

Style Other

Abv Grd Liv Area 3,500

Originating Board BRIGHT

Year Built 1900

Annual Tax Amount $5,176

Tax Year 2022

Lot Size 8,712 Sqft

Acres 0.2

Lot Dimensions 0.00 x 0.00

Property Description

Very rare opportunity to buy a Quadruplex in Feastevrille Trevose PA. South after neighborhood in Bensalem school district and great demand for rental properties. The property consist of two Commerical buildings: Legal 4 unit residence 3500 sq ft (all 1 bdr units) and 2500 sq ft garage/warehouse/workshop.The property features:
- all units feature recent cosmetic updates within last 5 years
- all good paying tenants with mo/mo leases (rent under market value)
- central air in each unit ; w/d in each unit
- Current gross rent $45,600 (under market value) - rents 900, 900, 900,1100. Garage is owner occupied
- Projected market rent ($1300-1400/per unit plus $2500-3000 for a garage) $97,200 Gross income
- Expenses: $5,176; Water/sewer: $3000; Insurance: $3000, Maint/repairs: $4800
- Projected Net Income $81,224
- Projected Cap Rate 10%
This is a value add opportunity in the great neighborhood with low housing inventory and very high rental demand! Lots of potential with great returns.
SHOWING SATURDAY MAY 13TH - contact for the time

Location

State PA

County Bucks

Area Bensalem Twp (10102)

Zoning C

Interior

Hot Water Natural Gas

Heating Forced Air

Cooling Central A/C

Heat Source Natural Gas

Exterior

Garage Spaces 13.0

Water Access N

Accessibility None

Total Parking Spaces 13

Garage N

Building

Foundation Other

Sewer Public Sewer

Water Public

Architectural Style Other

Additional Building Above Grade, Below Grade

New Construction N

Schools

School District Bensalem Township

Others

Tax ID 02-005-153

Ownership Fee Simple

SqFt Source Estimated

Special Listing Condition Standard

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Bright MLS (BMLS)
Listed by Ksenia Shusman • ROI National Realty Corp
Bought with Mary Ann O'Keeffe • Keller Williams Real Estate - Newtown

Travis Gray

Advisor | License ID: 636268

+1(301) 641-0809

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