Description

43 W Ferry St,
New Hope, PA 18938

In the heart of New Hope Borough, sits 43 West Ferry Street. This Village "Row" house has been renovated into 3 apartments. This desirable location, within walking distance to restaurants, the playhouse, galleries and the River, allows apartment seekers a great opportunity. The building has newly renovated kitchens, roof, painting to name a few. The home backs to the Aquetong Creek, which flows throughout the Borough, is the perfect site for lounge chairs and star gazing. This investment property will only grow in value as evidenced by the tremendous growth in Town. Descriptions of units...Apartment A (Top floor - entry is on the side)One Bedroom - Separate living room and kitchen as well, washer and dryer, dishwasher. Fantastic Light, Small bath.Rent - $1355 / month. Single person - 3rd year of his lease with us. Fantastic tenant.Apartment B (Front, Ground-level - Entry is in front, on Ferry)One bedroom, separate living room, kitchen, and bedroom, washer and dryer, dishwasherNew kitchen cabinets, stove, microhood.Tall ceilings, views of Aquetong Creek from bedroom windows and Ferry Street from the living room.Rent - $1700 / month. New Single Tenant who just renewed for an additional 6 months. Also a fantastic tenant.Apartment C (Bottom floor, accessed at bottom of staircase alongside bridge)Small apartment, with separate bedroom area.Newer kitchen, new pergo, washer and dryer, new range.Has a backyard of the Aquetong CreekWas rented for $1750, tenant just vacated, Listed 2 days ago at $1850 by the owners.Utilities are electric and completely separate.Total monthly rent roll - $4555.Annual - $54660 (Rents when the owners purchased it three years ago, were about $35,000). Taxes About $4KInsurance About $3K***Special Note: All showings will require at least 24 hours notice .

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43 W Ferry St
New Hope, PA 18938

Description