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Great opportunity to own a multi-unit apartment complex in the heart of Sellersville! This listing consists of two buildings. The front building at 63 N. Main Street features 7 apartments, (5 one bedroom and 2 two bedroom). The rear building known as 65 N. Main Street includes 4 apartments (all 2 bedroom). In addition this property features four 1 car garages. All tenants pay their own heat and hot water. Most of the apartments have electric baseboard heat but some are heated by natural gas. Many of the rents are well below market and have not been increased in quite some time. This property could easily generate another $20,000 in annual income. Coin operated laundry on premises. All units are currently rented with the exception of two garages. Lot borders Lenape Park and trail system. Property is professionally managed. Gross annual income is $119,820.00. Square footage for front building at 63 N. Main Street is 4852 SF. Square footage and age for building in rear at 65 N. Main Street is unknown. Income & Expense statement available upon request.
| DAYS ON MARKET | 92 | LAST UPDATED | 11/21/2022 |
|---|---|---|---|
| YEAR BUILT | 1910 | COMMUNITY | SELLERSVILLE BORO |
| COUNTY | BUCKS | STATUS | Sold |
| PROPERTY TYPE(S) | Commercial |
| School District | PENNRIDGE |
|---|
| PRICE HISTORY | |
| Prior to Oct 3, '22 | $1,200,000 |
|---|---|
| Oct 3, '22 - Today | $1,000,000 |
| ADDITIONAL DETAILS | |
| AIR | Window Unit(s) |
|---|---|
| AREA | SELLERSVILLE BORO |
| CONSTRUCTION | Brick, Masonry |
| GARAGE | Paved Parking, Private |
| HEAT | Baseboard - Electric, Baseboard - Hot Water |
| HOA DUES | None |
| LOT | 0.25 acre(s) |
| LOT DESCRIPTION | Backs - Parkland |
| LOT DIMENSIONS | 39.00 x 275.00 |
| SEWER | Public Sewer |
| TAXES | 11878.00 |
| UTILITIES | Natural Gas Available |
| WATER | Public |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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Listing provided by BHHS Fox & Roach - Harleysville, sold by Coldwell Banker Hearthside-Doylestown
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