$87,500
$87,500
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2 Beds
1 Bath
SOLD DATE : 12/10/2021
Key Details
Sold Price $87,500
Property Type Condo
Sub Type Condo/Co-op
Listing Status Sold
Purchase Type For Sale
Subdivision None Available
MLS Listing ID PABU2011594
Sold Date 12/10/21
Style Other
Bedrooms 2
Full Baths 1
Condo Fees $242/mo
HOA Y/N N
Originating Board BRIGHT
Annual Tax Amount $1,620
Tax Year 2021
Lot Dimensions 0.00 x 0.00
Property Description
Investment opportunity!! 2 bedroom 1 bath condo at Lafayette Gardens in Bensalem. Ideal location in Bensalem, just minutes to shopping, I-95, public transportation, and NJ bridges! Unit was gutted due to flood and building was just re-opened. Buyer needs to invest estimated $30,000 and would create a brand new 2BR condo unit. Last tenant was paying $1,350 monthly. Condo fee $242 per month includes water. Tenant pays gas and electric. Taxes approximately $1,500. Solid long-term investment with appreciating rents and property values. Expected investment return 8-10%. Perfect for investor looking to build wealth and create value! Disclosure: Unit is gutted and needs full renovation. Some photos are from last year before it was gutted due to rare flooding. Condo building deemed safe and units being re-opened. Being sold as-is, where-is.
Location
State PA
County Bucks
Area Bensalem Twp (10102)
Zoning RESIDENTIAL
Rooms
Main Level Bedrooms 2
Interior
Hot Water None
Heating None
Cooling None
Heat Source None
Exterior
Waterfront N
Water Access N
Accessibility Other
Parking Type Off Street
Garage N
Building
Story 1
Unit Features Garden 1 - 4 Floors
Sewer Public Sewer
Water Public
Architectural Style Other
Level or Stories 1
Additional Building Above Grade, Below Grade
New Construction N
Schools
School District Bensalem Township
Others
Pets Allowed Y
Senior Community No
Tax ID 02-021-007-036
Ownership Fee Simple
SqFt Source Assessor
Special Listing Condition Standard
Pets Description Breed Restrictions
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Bought with Michael Dunovich • Market Force Realty
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "