Description
31 W Lincoln Hwy,
Penndel,
PA
19047
See Attached document for Major Improvement History. 2022 Windows and Storm doors replaced throughout, new back stairs, 2021 new roof main building. All Units have separate water heaters and electric meters. All Units have two exits.There are two sump pumps. Unit 3, Second floor, 4 bedroom unit has gas heating, all other units are electric base board with separate thermostats.Many long time tenants; Rents have been held by Landlord; Unit 3 tenant takes care of mowing and snow removal in exchange for favorable rent . Suggested current market rents; unit 1 $900, unit 2 $900, unit 3 $1500, Carriage Apt $1100. This would bring it in line with a 7.5 cap rate.
Listing By: Keller Williams Real Estate-Langhorne via Data Source: Bright MLS
2759677-PABU2052532
MLS ID
Price HistoryView all +
| date | price | variance | type | global |
|---|
| 9/8/2023 | $538,000 | 7.60 % | Sold | view listing |
| 8/31/2023 | $500,000 | - | Contract |
| 8/31/2023 | $500,000 | - | Contract |
| 8/22/2023 | $500,000 | - | Contract |
| 8/18/2023 | $500,000 | - | off market |
| 7/7/2023 | $500,000 | - | Contract |
| 6/30/2023 | $500,000 | - | Listed |
listing agent: Diane Loomis
