Bought with Robert Kelley • Compass Pennsylvania, LLC
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618 ARCH ST Perkasie, PA 18944
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Key Details
Sold Price $380,000
Property Type Multi-Family
Sub Type Detached
Listing Status Sold
Purchase Type For Sale
Square Footage 2,800 sqft
Price per Sqft $135
MLS Listing ID PABU507642
Sold Date 12/08/20
Style Traditional,Colonial,Victorian
HOA Y/N N
Abv Grd Liv Area 2,800
Originating Board BRIGHT
Year Built 1900
Available Date 2020-09-25
Annual Tax Amount $5,663
Tax Year 2020
Lot Size 10,212 Sqft
Acres 0.23
Lot Dimensions 69.00 x 148.00
Property Sub-Type Detached
Property Description
Great opportunity to purchase a 4 unit investment property in the heart of Perkasie! This property consists of two buildings. The main structure is a very charming Victorian with a large wrap-around porch and 3 apartments. The detached outbuilding contains a 4th apartment and 3 garage bays. Tenants pay heat and electric. All apartments are occupied. There are two 1BR apartments and two 2BR apartments. Heat for two of the units is natural gas. Heat for a third apt is oil. The 4th apartment above the detached garage has electric baseboard heat. Each unit has its own electric hot water heater. Two car garage rents for $185/month. The main house is approximately 2800 SF and the outbuilding with 4th apt is approximately 400 SF. Off street driveway parking. Convenient laundry room in main building. Rents are on the low side for long term tenants. Income/Expense statement available upon request. Property is professionally managed and has been well maintained through the years. Don't miss out on this one!
Location
State PA
County Bucks
Area Perkasie Boro (10133)
Zoning C2
Rooms
Basement Full, Outside Entrance, Unfinished
Interior
Hot Water Electric
Heating Baseboard - Electric, Baseboard - Hot Water
Cooling Window Unit(s)
Heat Source Natural Gas, Electric, Oil
Exterior
Parking Features Other
Garage Spaces 7.0
Utilities Available Natural Gas Available
Water Access N
Accessibility None
Total Parking Spaces 7
Garage Y
Building
Sewer Public Sewer
Water Public
Architectural Style Traditional, Colonial, Victorian
Additional Building Above Grade, Below Grade
New Construction N
Schools
School District Pennridge
Others
Tax ID 33-005-484
Ownership Fee Simple
SqFt Source Assessor
Special Listing Condition Standard
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