JoinServicesInsightsPeopleAbout Us
USAPASellersvilleNot in Development403 Washington Ave
403 Washington Ave, Condo with 11 bedrooms, 7 bathrooms and 10 parking in Sellersville PA | Image 1
Link Copied
$1,375,000

403 Washington Ave, Sellersville, PA

Condo

For Sale

$--,---,---
11710
  • Key Facts
  • Description
  • Map

Key Facts

Type Apartment
Levels Residential Income
Size 3696 sqft
Garage No
Maintenance Fees $1,000
Taxes $4,997
Days Active 52
Approx. Age 1900
Avg. Price Per Sqft $372
MLS® Number 757526

Property Address: 

Average square foot calculated using Size range provided by listing agent.

Description

This stunning, fully occupied, cash-flowing, turnkey, 7-unit multifamily fuels $112, 800 in VERIFIED gross income and $99, 453 in net income, commanding an ~8% cap with no work to do for the lucky buyer. Sellers have completely renovated the property, which is the neighborhood's shining gem, with a construction investment of roughly $500K to rehab and update the entire building from roof to basement. Upgrades include Re-pointed Brick, 25+ NEW windows, new electric, new flooring, fresh paint, and brand-new baseboard heaters installed in all units, an updated roof, all-new electric water heaters, and completely remodeled kitchens, BRs, living areas, and bathrooms. All newer appliances, some stainless. NEW LAUNDRY - 2 brand-new coin-operated washer/dryers for the tenants have just been installed. There are five (5) large 1BR/1BA units, one (1) 2BR/1BA, and one (1) very large, 3-story 3BR/2BA. All brand new, clean, friendly tenants that love the rebranding of this property and have 1-year leases. This property is located in Bucks County, next to Grandview Hospital, less than an hour from Philly, and within a quiet residential neighborhood with half-million-dollar homes. Minutes away from highways, shopping, and located near a police station and a church. NOTE - The owners love this property and poured their hearts into the renovations. They are selling to the lucky buyer. One of the sellers is a licensed RE agent. The same seller has a few other multi-families to sell in Allentown.Show Description
MLS® Number757526
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry LevelCommon Area
Exposure
Exterior
GarageNo
Approx. Age1900
Stories3
Pets
Corp Number

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

HeatBaseboard, Electric
A/CWall Units
Heating Fuel

Extras

Similar Listings

Like what you see?

Complete the form and we'll be in touch. No login necessary.

Add a Comment

Get notified of price or status changes by saving this listing