$986,250
$1,150,000
14.2%For more information regarding the value of a property, please contact us for a free consultation.
7,965 Sqft Lot
SOLD DATE : 12/15/2015
Key Details
Sold Price $986,250
Property Type Commercial
Listing Status Sold
Purchase Type For Sale
Subdivision Doylestown
MLS Listing ID 1002559533
Sold Date 12/15/15
HOA Y/N N
Originating Board TREND
Year Built 1854
Annual Tax Amount $9,217
Tax Year 2015
Lot Size 7,965 Sqft
Acres 0.18
Lot Dimensions 45X177
Property Description
Mixed use commercial property in the heart of downtown Doylestown, this nicely renovated and updated building offers three upstairs apartments (all occupied) and a gorgeous street level commercial space that could be used for a variety of commercial pursuits (including retail, food, office, etc) and plenty of off-street parking. Apartment income currently generates $36,900/year, the commercial tenant is stepping aside for a new owner/user/investor. Hardwood floors, high ceilings, large windows and historic touches offer classic borough style. The first floor commercial space's center partition wall is removable, offering a nearly clear span of 41' x 28', plus a separate office, storage, and kitchenette room. The apartments are one bedroom each except for the top floor (2 bedroom). New HVAC mini-split systems throughout the entire building. Full basement for storage, off-street parking for about 6 cars (each apartment gets one parking space), tenant utilities separately metered except for water/sewer and common hot-water. Newer roof, soffits, fascia capping, gutters, windows, etc. Bring your own commercial use and off-set your costs with the rental income, or install a commercial tenant and collect all the rents.
Location
State PA
County Bucks
Area Doylestown Boro (10108)
Zoning CC
Direction East
Rooms
Other Rooms Primary Bedroom
Interior
Cooling Central A/C
Flooring Tile/Brick, Wood, Carpet, Laminated
Fireplace N
Heat Source Natural Gas, Electric, Oil
Exterior
Utilities Available Water Available, Sewer Available, Natural Gas Available, Electric Available, Phone, Cable TV Available
Waterfront N
Water Access N
Roof Type Flat
Accessibility None
Road Frontage Boro/Township
Garage N
Building
Sewer Public Sewer
Water Public
Structure Type Other,Plaster Walls
New Construction N
Schools
School District Central Bucks
Others
Tax ID 08-008-278
Ownership Fee Simple
Acceptable Financing Conventional
Listing Terms Conventional
Financing Conventional
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Bought with Sherry W Jones • Coldwell Banker Hearthside-Doylestown
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "