Quakertown, PA 18951,2750 ALLENTOWN RD
Quakertown, PA 18951,2750 ALLENTOWN RD
Quakertown, PA 18951,2750 ALLENTOWN RD
Quakertown, PA 18951,2750 ALLENTOWN RD
Quakertown, PA 18951,2750 ALLENTOWN RD
Quakertown, PA 18951,2750 ALLENTOWN RD
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$495,000

$495,000

Est.Price: ?

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Est. payment /mo

3,200 SqFt


SOLD DATE : 03/12/2021

Key Details

Sold Price $495,000

Property Type Multi-Family

Sub Type Detached

Listing Status Sold

Purchase Type For Sale

Square Footage 3,200 sqft

Price per Sqft $154

Subdivision Streamview

MLS Listing ID PABU517840

Sold Date 03/12/21

Style Colonial

HOA Y/N N

Abv Grd Liv Area 3,200

Originating Board BRIGHT

Year Built 1900

Annual Tax Amount $5,771

Tax Year 2021

Lot Size 2.281 Acres

Acres 2.28

Lot Dimensions 0.00 x 0.00

Property Description

Kick-off 2021 with an amazing multi-unit income-producing property with exceptional ROI potential! This 2.28 acre property features 3 units within two homes and a large 52' x 32' four-car garage. The main house is a beautifully restored log-home that includes 3-beds, 1 full bath, fireplace, 1st floor laundry, and a brand new roof! It was recently renovated with new flooring, paint, and is move-in ready. The 2nd home includes 2 additional units. The 1st unit has 3 beds, 2 full baths, an open concept 1st fl., and a covered porch. The 2nd until has 1 bed, 1 full bath, and a nice deck with a wooded view. Both units have dry basement storage and are occupied with long-term tenants. All three units include built-in laundry rooms. Tenants pay all utilities. The garage was built with the intention of possibly converting it into two 1600 sq. ft. 3-bed, 2 bath units. If those units were completed, you would be sitting pretty with a 5-unit grossing approximately $91,800 annually from rental income! This projected income is based on the following monthly rents: $1800 each for two additional 3-bed units if the garage is converted, $1650 for the 3-bed house, $1500 for the 3-bed unit, $900 for the 1-bed unit. Someone's investment portfolio is going to look a lot nicer with this property in it!

Location

State PA

County Bucks

Area Milford Twp (10123)

Zoning RA

Rooms

Basement Outside Entrance, Poured Concrete

Interior

Interior Features Attic, Carpet, Ceiling Fan(s), Combination Dining/Living, Combination Kitchen/Dining, Entry Level Bedroom, Family Room Off Kitchen, Floor Plan - Open, Kitchen - Country, Kitchen - Eat-In, Pantry

Hot Water Electric

Heating Forced Air, Baseboard - Electric, Baseboard - Hot Water, Heat Pump - Gas BackUp

Cooling Ceiling Fan(s), Heat Pump(s)

Flooring Carpet, Heated, Vinyl

Fireplaces Number 1

Fireplace Y

Heat Source Oil, Electric, Wood, Propane - Leased

Exterior

Exterior Feature Deck(s)

Garage Garage - Front Entry, Additional Storage Area

Garage Spaces 16.0

Utilities Available Above Ground, Sewer Available, Water Available

Waterfront N

Water Access N

View Scenic Vista, Trees/Woods

Roof Type Architectural Shingle

Street Surface Black Top

Accessibility 32\"+ wide Doors, 2+ Access Exits

Porch Deck(s)

Parking Type Detached Garage, Driveway, Off Street

Total Parking Spaces 16

Garage Y

Building

Lot Description Corner, Cleared, Partly Wooded, Rear Yard, Rural, Trees/Wooded

Foundation Stone

Sewer On Site Septic

Water Well

Architectural Style Colonial

Additional Building Above Grade, Below Grade

Structure Type 9'+ Ceilings,Beamed Ceilings,Cathedral Ceilings,Dry Wall,High,Log Walls,Unfinished Walls

New Construction N

Schools

Elementary Schools Quakertown

Middle Schools Quakertown

High Schools Quakertown Community Senior

School District Quakertown Community

Others

Tax ID 23-005-011

Ownership Fee Simple

SqFt Source Assessor

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Financing Cash,Conventional

Special Listing Condition Standard

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Bright MLS (BMLS)
Listed by Robert Gemmel • Keller Williams Real Estate - Allentown
Bought with Carol Copelin • BHHS Keystone Properties
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