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Sold for $550,000 on 05/26/23
  • $550,000

    14 E Church St, Sellersville, PA 18960

    6beds
    4baths
    2,520sqft
    Duplex
    Built in 1987
    -- sqft lot
    $590,000 Zestimate®
    $218/sqft
    $1,426 Estimated rent

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    $1,426/mo

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    $1,426/mo

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    $3,437/mo

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    $3,437/mo

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    What's special

    INVESTOR ALERT!!! CASH POSITIVE INVESTMENT FROM DAY 1! Let's make it simple: - separately metered units with tenants covering all costs and utilities - current rents of $2200 and $1650 (long term tenant who does all snow, landscaping, and HVAC maintenance) - both leases end in My and June this year and are expecting increases - projected realistic rent of $2350/mo per unit or $$56,400 annually - BiggerPockets suggests a minimum annual of 10% on purchase price. This property EXCEEDS that figure - Still plenty of equity growth remaining This one is all about the numbers. Take advantage of the lower rates and generate thousands in FREE CASH FLOW every month! Projected rent based on market rates. Similar local units rent as high as $2500/mo. See attached cap rate sheet for estimations. Built in 1987, this unit is still in its youth as a property. My seller wants to invest in bigger projects so he is ready to turn over this amazing opportunity.

    Zillow last checked: 8 hours ago

    Listing updated: May 26, 2023 at 06:52am

    Listed by:

    John Trigg 215-941-9866,

    Keller Williams Real Estate-Montgomeryville,

    Co-Listing Agent: Mark G Mcguire 215-631-1964,

    Keller Williams Real Estate-Montgomeryville

    Bought with:

    Thomas Skiffington, RM051427A

    RE/MAX 440 - Perkasie

    Source: Bright MLS,MLS#: PABU2046036MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 6
    • Bathrooms: 4
    Basement
    • Area: 0
    Heating
    • Heat Pump, Electric, Natural Gas
    Cooling
    • Central Air, Electric
    Appliances
    • Included: Electric Water Heater
    Features
    • Has fireplace: No
    Interior area
    • Total structure area: 2,520
    • Total interior livable area: 2,520 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Built In, Garage Faces Front, Inside Entrance, Attached, Driveway, Parking Lot
    • Attached garage spaces: 2
    • Has uncovered spaces: Yes
    Accessibility
    • Accessibility features: None
    Features
    • Pool features: None
    Lot
    • Dimensions: 113.00 x
    Details
    • Additional structures: Above Grade, Below Grade
    • Parcel number: 39005135
    • Zoning: BC
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Colonial
    • Property subtype: Duplex
    Materials
    • Frame
    • Foundation: Slab
    Condition
    • New construction: No
    • Year built: 1987

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & neighborhood

    Location
    • Region: Sellersville
    • Municipality: SELLERSVILLE BORO

    HOA & financial

    Other financial information
    • Total actual rent: 46200

    Other

    Other facts
    • Listing agreement: Exclusive Right To Sell
    • Listing terms: Cash,Conventional,FHA
    • Ownership: Fee Simple
    Sell for more on Zillow
    Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
    $590,000
    2% more+$11,800
    With Zillow Showcase(estimated)$601,800