615 N Lafayette Ave

Morrisville, PA 19067

Attention All Investors! Terrific opportunity to own a well maintained residential investment property on a tree-lined street in the Highland Park neighborhood of Morrisville Borough. This legally approved Triplex is now available for your viewing pleasure. Live in one and rent out the two other units or use this solely as an income producing property. All units are 1 Bedroom and 1 Bath with Living Room, Kitchen and additional bonus rooms that can be used as multi-purpose space - home office, play area, crafting rooms etc. In addition, all units are currently occupied by three long term tenants (8yrs, 9 yrs and 15 yrs respectively). As you enter the front foyer of the property you will find the entrances to Units #1 and #2. Upon entering Unit#1 you will find a nicely sized Living Room with wall to wall carpeting, a ceiling fan, and a brick, wood burning fireplace. Proceeding down the hall you will find the renovated bathroom with newer laminate flooring and a neutral color palette. Moving further down the hallway you will find the Eat-in Kitchen complete with gas cooking, attractive backsplash and laminate flooring. The Bedroom for Unit #1 is located to the rear of the unit and features wall to wall carpeting and his/her closets. Heading back to the front foyer you will find the entrance to Unit #2. Upon entering Unit #2 you will find the first of several multi-purpose use spaces. Currently used as a home office, this front room can be a playroom, crafting room, reading room etc. The front room has large windows that allow for plenty of natural light and is accented by attractive laminate flooring. Adjacent to the front room is the Living Room with laminate flooring and ceiling fan. The Kitchen for Unit #2 is just around the corner and features electric cooking, vinyl flooring and a separate room that can be used as a breakfast nook. To the rear of the Kitchen is another multi-use space that contains a food pantry and plenty of room for storing your favorite things. The Bedroom and Bathroom for Unit #2 are located on the second floor of the Unit. The Bedroom area features wall to wall carpeting, closet space and a full bath. The entrance to Unit #3 is located around the side of the property and up the steps. Upon entering Unit #3 you will find an enclosed porch. The enclosed porch is currently being used as an art studio and storage area by the current tenant. Moving inside you will find the kitchen with gas cooking, tiled backsplash and tiled floor. Down the hallway is the Living Room with wall to wall carpeting, a large bedroom with lots of windows and a full bath with laminate flooring. Exiting the interior of the property you will find a large shared backyard with plenty of space for relaxing, a three car pole barn garage for parking and the entrance to the basement that all tenants use for Storage space. This property is a short walk to numerous amenities i.e. Restaurants, Farmers Market, Hardware Store, Drug store, and most importantly the recreational Tow Path on the canal. The Tow Path is the perfect spot for walking, jogging, biking, fishing or just taking in nature at it's best. This properties location and convenience to I-95, Rt -195, Rt 1 and several train stations provide easy access to Princeton, Phil. and NY, making these rental units very attractive and a commuters dream.