403 Washington Avenue Unit 7
Sellersville Boro, PA 18960

  • 11 beds
  • 7 baths
  • 3,696 sqft
  • 13,678 sqft lot
  • $317 per sqft
  • 1900 build

Fully occupied with $109K Actual Gross, $93,903 Actual Net, 8% CAP @ asking. Owners invested over $400K to completely rehab and update this cash-flowing, turnkey, 7-unit multi-family, located in coveted Bucks County on a corner lot with a private backyard including 8 parking spaces and sold with a CLEAR Certificate of Occupancy issued by the city. Upgrades include Re-pointed Brick, 25+ NEW windows, new electric, new flooring, fresh paint, and brand-new baseboard heaters installed in all units, an updated roof, all-new electric water heaters, and completely remodeled kitchens, BRs, living areas, and bathrooms. All newer appliances, some stainless. There are five (5) large 1BR/1BA units, one (1) 2BR/1BA, and one (1) very large, 3-story 3BR/2BA. All brand new, clean, friendly tenants that love the rebranding of this property and have 1-year leases. This property is located in Bucks County and within a quiet residential neighborhood with half-million-dollar homes. Minutes away from highways, shopping, and located near a police station and a church. Acceptable offers within 10% of the asking price at or above $1,100,000 will be presented to the seller and will have serious consideration if within reasonable terms. NOTE - The owners love this property but live 1.5 hours away and due to the distance, they are selling to the lucky buyer.

Greater Lehigh Valley MLS logo Listing courtesy of GLVR / EXP Realty LLC

Last checked: Checking… • Last updated Apr 21, 2024 •

MLS# 730408 —

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Sale history

Date Event Source Price % Change
1/12/24
Listed / Active GLVR $1,175,000

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This multifamily located in Sellersville, PA 18960 is currently for sale for $1,175,000. 403 Washington Avenue Unit 7 is a 3,696 square foot multifamily with 11 beds and 7 baths. This multifamily is in the attendance area of Pennridge High School.

Greater Lehigh Valley MLS logo Listing Courtesy of: GLVR and EXP Realty LLC.

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