711 Durham Road
Riegelsville Boro, PA 18077-9706

$297,500

MLS ID: 408787
4 units, 100% Occupancy. Two 1 bedroom apartment units (big apartments), a large retail space plus an office with a storage garage. 10 % cap rate can be achieved.Take a look and make your offer! The building has been well maintained. There is almost no yard, low maintenance exterior and the units rent easily. It is a dream investment property. Palisades Schools district as of June 2013. Riegelsville is one of the last unspoiled river towns in Bucks County. Located on the route to the New Jersey bridge, the historic flavor of this town blends with the creative sparks of the up-and-coming arts community. Easy access to Lehigh Valley and New Jersey and Bucks county destinations
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Property Details
MLS ID: 408787
Style: Apartment
Year Built: 1900
Bedrooms: 2
Bathrooms: 3   (Full: 3   3/4: 0   1/2: 0   Other: 0)
Status: Active
Stories: 2
Parking Type Description: Garage 0 cars
New Construction: No
Foreclosure: No
Sq. Footage
Total Square Footage: 3,810 ($78.08 per sq. foot)
Financial Considerations
Estimated Annual Taxes: $6,690
Locale
County: Bucks
School District: Easton
Subdivision: Not in Development
Photo Tour
Features
Area
Riegelsville
Construction
Aluminum Other
Stucco Vinyl
Cooling
Wall Ac
Features
Hardwood Storm Windows
Wall To Wall Carpet
Other
Gross Income - 37800 Heat - 1800
Net Income - 26795 Operating Expense - 11005
Use Code - 4118 Water/Sewer - 800
Zoning Code - C
Parking
Garage Unpaved Lot
Property Category
Apartment Style Commercial
Mixed Use
Sewer
Septic
Special Sale Conditions
Not Applicable
Water
Community Public
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Prudential Regency Real Estate
Prudential Regency Real Estate
811 North 19th Street
Allentown, PA 18104
Main: 610-432-5252
Fax: 610-432-0985
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Property Information Last Updated: 5/22/2012 at 12:11 PM.

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