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Listing by: Arthur Mazzei, Addison Wolfe Real Estate

  • 4,968 SQ ft
  • 6 Beds
  • 6 Baths
  • Active

6 Beds

6 Baths

4,968 SqFt

Active

This mixed use property sits in the heart of New Hope Borough, The building with 4 apartments and 3 retail spaces has the potential to become part of the New Hope Renaissance that is currently underway. Few buildings come on the market with this degree of commercial flexibility. See income and expenditures below: Apt. A as of 9/1/2019 $1,037.50/month (one bedroom)Apt. B as of 8/1/2019 $1,000.00/month (one bedroom)Apt. C as of 9/1/2019 $1,070.00/month (two bedroom)Apt. D as of 9/1/2019 $1,250.00/month (two bedroom)4 the Luv of Things as of 12/1/2018 $1,155.00/month (commercial)Through the Looking Glass of 9/1/2019 $ 1,350.00/month (commercial)New Hope Health Center (commercial and a small apartment) as of 9/1/2019 $1,700.00/month (commercial)Taxes 2018: $13,249.18 Insurance 2018: 4,886.50 PECO (outside lights) $600.00 Waste Management 2018: $900.00 Water/Sewer: Bucks County Water and Sewer $227/month. Trash removal is $74.93/month. All spaces are heated and air-conditioned by electricity at the tenants expense.***Tenants pay for electric, trash and snow and ice removal. At least 24-48 hours notice required to inform all tenants. Wednesdays are the best days to show the building.

Property Details
Price $1,249,000
Bedrooms 6
Full Baths 4
Half Baths 2
Total Baths 6
Property Style Other,Tudor
Lot Size 67.00 x 84.00
Lot Size Area Units Square Feet
Stories 2
Year Built 1977
Subdivision 000
Heating Baseboard - Electric,Other
Accessibility None
Geographic Data
Directions Take River Road North.
County BUCKS
Latitude 40.3601265
Longitude -74.95014191
Market Area New Hope Boro (10127)
Address Information
Address 129 S MAIN ST
Postal Code 18938
City NEW HOPE
State PA
Country United States
Listing Information
Listing Office Addison Wolfe Real Estate
Listing Agent Arthur Mazzei
School Information
District NEW HOPE-SOLEBURY
MLS® Information
MLS® Status Active
Listing Date Jun 14, 2019
Listing Last Modified Dec 3, 2019
Tax ID 27-010-102-001
Tax Year 2018
Tax Annual Amount 13323
MLS® Area New Hope Boro (10127)
MLS® # PABU472082
Walk Score

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Posted in on December, 2019

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