$500,000
$600,000
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5,000 SqFt
SOLD DATE : 10/07/2022
Key Details
Sold Price $500,000
Property Type Commercial
Sub Type Mixed Use
Listing Status Sold
Purchase Type For Sale
Square Footage 5,000 sqft
Price per Sqft $100
MLS Listing ID PABU2022422
Sold Date 10/07/22
Originating Board BRIGHT
Year Built 1910
Annual Tax Amount $4,616
Tax Year 2022
Lot Dimensions 0.00 x 0.00
Property Description
Incredible opportunity in Bristol Borough to own 3 commercial storefronts with 3 apartments above. The commercial spaces are currently occupied by 2 long term tenants. There is a barber shop that occupies 2 of the storefronts for $1,250/month and is currently on a month-to-month lease. The other storefront is a hair braider paying $650/month and is also on a month-to-month lease. The 3 apartments above are nice sized, 1-bedroom units with large living rooms, kitchen, bathroom and 1 bedroom. All 3 of the apartments are rented. 800 is on month-to-month lease with long term tenants paying $950/month, 802 is newly renovated and on a year lease ending 3/31/2023 paying $950/month and 804 is on month-to-month lease with long term tenants paying $950/month. The apartments & storefronts each have their own heaters and are metered separately for electric & gas. All occupants are great, long-term tenants and thus the rents are under market value. Additional features are newer heaters in each of the units, newer water heaters, updated electric, new roof in 2017 with a 20-year guarantee and the list could go on. Conveniently located within historic Bristol Borough only a few minutes from I-95, high speed train lines to Philadelphia & New York, bus stop to all major arteries within Bucks County is only steps away, the turnpike and Rte. 13.
Location
State PA
County Bucks
Area Bristol Boro (10104)
Zoning M1
Interior
Hot Water Natural Gas
Heating Hot Water, Radiator
Cooling Wall Unit, Window Unit(s)
Flooring Hardwood, Carpet, Ceramic Tile, Vinyl
Heat Source Natural Gas
Exterior
Utilities Available Cable TV, Multiple Phone Lines, Phone
Waterfront N
Water Access N
Accessibility None
Parking Type On Street
Garage N
Building
Sewer Public Sewer
Water Public
New Construction N
Schools
School District Bristol Borough
Others
Tax ID 04-013-086
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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Bought with Michael Kuldiner • United Properties Realty
“Molly's job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! ”