2499, 2501 & 2503 Cedar Field Ln,
Quakertown,
PA
18951
What an affordable opportunity to live in your own house and rent out the other units to contribute to the mortgage payment! Location offers a touch of country yet within minutes to town! Quakertown - Milford Township - 3 Unit Dwelling consisting of a 4 bedroom house, 2 bedroom apartment on the ground level and a 1 bedroom apartment on the upper level. Nice yard. Stable long term tenants. Rents are under market value. Month to Month leases. Owner pays water and sewer, tenants pay all other utilities including heat. The property is in need of cosmetic renovations but the time and money invested goes to you and only increases the value of your investment. Think about it - what a good alternative to purchasing a single family home. It is a very good way to generate passive income! It also lends itself well to Multi-Generational Living! The property is located with easy access to the Turnpike, Route 309 and Route 663. Quakertown offers wonderful Community living and is very family oriented. In addition to the Urban Renewal of Downtown with its Breweries, Pubs, Black River Wine Bar, Trolley Barn Pub Market and Antique Shops you will find state of the art Quinby Playground (fantastic), Quakertown Community Pool, James Michener Free Public Library, Soccer, Basketball and Baseball fields, Volley Ball and Tennis Courts. The Univest Center for the Performing Arts,, McCoole's Live Theater, Hiking and Biking Trails and Free Fall Action Park all within minutes of each other. Shopping, Hospitals and Churches are all close by! Be sure to make your appointment to see what this property has to offer - make it your own and start producing income as well.
