Attention Investors: Don't miss this rare opportunity to purchase a 4 unit multi-family property located in Bensalem Township. This is a unique property with great numbers, low taxes, and priced to provide an excellent Cap. Rate of over 9%. And that is based on REAL numbers with ALL expenses included in the calculation. I have personally owned this property for the past 8 years and have very accurate expense records. We have invested well over $80,000 into the property over that time converting all of the units to separate utilities with heat pumps and central Air, and renovating three of the 4 apartments. Two of the apartments were renovated in the past year and were taken down to the studs and rebuilt with everything new including wiring, plumbing, etc. These two apartments have been renovated to attract high quality tenants and feature custom tile bathrooms, granite kitchens, etc. a third unit was renovated 8 years ago and the 4th remains mostly original, but in good condition. This property is also zoned Commercial for unlimited possibilities. Located very close to public transportation and shopping. Additional information available upon request. Even if financed (25% down), this property would still have a positive cash flow of over $11,000/year. Financing is available to qualified buyers. This is a home run you will want to add to your portfolio
Off market
$461,500
1045 Bristol Pike, Bensalem, PA 19020
--beds
0baths
--sqft
MultiFamily
Built in 1815
-- sqft lot
$461,500 Zestimate®
$--/sqft
$2,441 Estimated rent
Owner options
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 0
Heating
- Forced air, Heat pump
Cooling
- Central
Appliances
- Included: Dryer, Washer
Features
- Flooring: Tile, Carpet, Hardwood, Laminate, Linoleum / Vinyl
Property
Features
- Exterior features: Stucco
Lot
- Size: 0.27 Acres
Details
- Parcel number: 02029309
Construction
Type & style
- Home type: MultiFamily
Condition
- Year built: 1815
Community & neighborhood
Location
- Region: Bensalem
Sell with ease on Zillow
Get a Zillow Showcase℠ listing at no additional cost and you could sell for —faster.
$461,500
2% more+$9,230
With Zillow Showcase(estimated)$470,730