501 North Pennsylvania Avenue, Morrisville, PA 19067
- $500,000 (sold: 5/24/2021)
- Year Built: 1946
- Commercial
- Listing #PABU520658
- Status: Sold
INCREDIBLE income-producing property in the heart of Morrisville! 1st level consists of a highly visible storefront, currently a Barber Shop, approximately 400 sq ft and includes a half bath. (*Please note: Boro zoning only allows this space to be used as a Barber Shop, Hair Salon, or similar use - currently used by the owner. Buyer to inquire/confirm with Boro zoning for any other desired usage). Also, there is a 2 Bedroom, 1 Bath apartment, complete with an eat-in kitchen, dining area, living room, and sun porch. This unit is well maintained by long-term tenants that wish to remain, currently rented for $1500 a month. The entire 2nd floor is a beautifully upgraded apartment - no expense was spared by the current owner/occupant! You will find a large living room, dining room, kitchen, 2 full baths, and 3 bedrooms! And don't forget the welcoming balcony - the perfect place to relax outside, barbeque, and watch the Boro parades! A full, walk-out, basement completes this property. But wait, there's more! A 2-car detached garage will provide additional storage or rental income for the new owner (one unit is currently used by the owner, the other is rented for $200 a month). Conveniently located, this is the opportunity you have been looking for! Cross-listed Multi-Family MLS# PABU520662
Price | $500,000 (sold: 5/24/2021) |
---|---|
Year Built | 1946 |
Property Type | Commercial |
Listing # | PABU520658 |
Status | Sold |
Listing Type | For Sale |
Lot Size | 0.15 acres |
---|
Courtesy of Jonathan Lamond, NextHome Essential Realty
Quickly estimate your monthly mortgage. If you would like a more detailed analysis of what you can afford, please inquire below.
Estimated taxes and insurance are not included. Mortgage calculator source: NextHome, Inc.