Bought with Kimberly Rock • Keller Williams Real Estate-Langhorne
$680,000
$730,000
6.8%For more information regarding the value of a property, please contact us for a free consultation.
3,890 SqFt
SOLD DATE : 05/23/2025
Key Details
Sold Price $680,000
Property Type Multi-Family
Sub Type Detached
Listing Status Sold
Purchase Type For Sale
Square Footage 3,890 sqft
Price per Sqft $174
Subdivision None Available
MLS Listing ID PABU2085844
Sold Date 05/23/25
Style Victorian
Abv Grd Liv Area 3,890
Year Built 1901
Annual Tax Amount $9,148
Tax Year 2024
Lot Dimensions 0.00 x 0.00
Property Sub-Type Detached
Source BRIGHT
Property Description
Prime Investment Opportunity in Morrisville, PA : Discover this fully occupied, mixed-use property at 301 W. Bridge St., featuring 4 residential units and offering bonus revnue from the garage/office space. The main building offers 3,980 sq. ft., housing four well-maintained residential apartments and a versatile ground-floor office (ideal for medical or general use). Additionally, a separate 1,500 sq. ft. commercial garage adds to the property's income potential. Several units have been recently upgraded, with the owner also enhancing portions of the electrical systems and HVAC for improved efficiency. The property includes six parking spaces at the rear, two of which are leased to the garage tenant. The ground-floor office is currently leased on a short-term, flexible basis, providing versatility for future tenants. The residential units boast a stellar rental history with minimal vacancies, making this a stable and lucrative investment. Centrally located in Lower Bucks County, this property offers easy access to Route 1, I-295/I-95, and the Trenton-Morrisville Bridge. This is a fantastic, low-maintenance investment opportunity you won't want to miss!
Location
State PA
County Bucks
Area Morrisville Boro (10124)
Zoning C3
Rooms
Basement Rear Entrance, Unfinished, Walkout Stairs
Interior
Hot Water Electric
Heating Radiant, Zoned, Other
Cooling Central A/C
Heat Source Natural Gas, Electric
Exterior
Parking Features Oversized
Garage Spaces 10.0
Utilities Available Natural Gas Available, Electric Available
Water Access N
Accessibility None
Total Parking Spaces 10
Garage Y
Building
Foundation Stone
Sewer Public Sewer
Water Public
Architectural Style Victorian
Additional Building Above Grade
New Construction N
Schools
School District Morrisville Borough
Others
Tax ID 24-006-210-001
Ownership Fee Simple
SqFt Source Estimated
Special Listing Condition Standard
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