Morrisville, PA 19067,501 N PENNSYLVANIA AVE
Morrisville, PA 19067,501 N PENNSYLVANIA AVE
Morrisville, PA 19067,501 N PENNSYLVANIA AVE
Morrisville, PA 19067,501 N PENNSYLVANIA AVE
Morrisville, PA 19067,501 N PENNSYLVANIA AVE
Morrisville, PA 19067,501 N PENNSYLVANIA AVE
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$500,000

$510,000

2.0%
Est.Price: ?

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Est. payment /mo

2,959 SqFt


SOLD DATE : 05/24/2021

Key Details

Sold Price $500,000

Property Type Commercial

Sub Type Mixed Use

Listing Status Sold

Purchase Type For Sale

Square Footage 2,959 sqft

Price per Sqft $168

MLS Listing ID PABU520658

Sold Date 05/24/21

HOA Y/N N

Originating Board BRIGHT

Year Built 1946

Annual Tax Amount $6,810

Tax Year 2021

Lot Size 6,750 Sqft

Acres 0.15

Lot Dimensions 45.00 x 150.00

Property Description

INCREDIBLE income-producing property in the heart of Morrisville! Non-conforming pre-existing use allows only for a Barber Shop, Hair Salon, or similar use. Buyer to inquire/confirm with Boro zoning for any other desired usage. 1st level consists of a highly visible storefront, currently a Barber Shop, approximately 400 sq ft and includes a half bath. Also, there is a 2 Bedroom, 1 Bath apartment, complete with an eat-in kitchen, dining area, living room, and sun porch. This unit is well maintained by long-term tenants that wish to remain, currently rented for $1500 a month. The entire 2nd floor is a beautifully upgraded apartment - no expense was spared by the current owner/occupant! You will find a large living room, dining room, kitchen, 2 full baths, and 3 bedrooms! And don't forget the welcoming balcony - the perfect place to relax outside, barbeque, and watch the Boro parades! A full, walk-out, basement completes this property. But wait, there's more! A 2-car detached garage will provide additional storage or rental income for the new owner (one unit is currently used by the owner, the other is rented for $200 a month). Conveniently located, this is the opportunity you have been looking for! Cross-listed Multi-Family MLS# PABU520662

Location

State PA

County Bucks

Area Morrisville Boro (10124)

Zoning R-2A

Interior

Hot Water Natural Gas

Heating Forced Air, Heat Pump(s)

Cooling Central A/C

Equipment Negotiable

Heat Source Natural Gas

Exterior

Waterfront N

Water Access N

Accessibility None

Parking Type On Street, Private Garage

Garage N

Building

Sewer Public Sewer

Water Public

New Construction N

Schools

School District Morrisville Borough

Others

Tax ID 24-008-207

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 Jonathan S Lamond • NextHome Essential Realty
Bought with Abe Thomson • KW Philly
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