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552 N PENNSYLVANIA AVE Morrisville, PA 19067
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Key Details
Sold Price $135,000
Property Type Single Family Home
Sub Type Twin/Semi-Detached
Listing Status Sold
Purchase Type For Sale
Square Footage 1,298 sqft
Price per Sqft $104
MLS Listing ID PABU489914
Sold Date 03/06/20
Style Bi-level
HOA Y/N N
Abv Grd Liv Area 1,298
Originating Board BRIGHT
Year Built 1930
Annual Tax Amount $3,739
Tax Year 2020
Lot Size 2,675 Sqft
Acres 0.06
Lot Dimensions 25.00 x 107.00
Property Description
Attention !!! Calling all investors. Twin in Morrisville Boro that has R2-A zoning. This home is legally a single family home BUT with the R2A zoning, it is LEGALLY separated into two apartments. Morrisville Boro recently has confirmed the zoning and will continue to confirm the zoning. The first floor is an efficiency apartment with a full bath, kitchenette and open floor plan. The second and third floor make up the second apartment. There is a full bath, kitchen and 2/3 bedrooms.The roof, windows, siding and both electrical services were recently replaced.The interior needs some updating and improvements in order to receive both use and occupancy permits. The sales price is well below market value reflecting the improvements. This unit has a gross rent multiplier of 8.67 based on a $260,000 sales price after improvements and collecting $2500 in rent monthly.Home is being sold in its as is where as condition. Agents must accompany clients to the home. Use caution when showing. No showings will be after daylight hours
Location
State PA
County Bucks
Area Morrisville Boro (10124)
Zoning R-2A
Rooms
Basement Full
Interior
Hot Water Other
Heating Other
Cooling None
Heat Source Other
Exterior
Waterfront N
Water Access N
Roof Type Asphalt
Accessibility None
Parking Type Driveway
Garage N
Building
Sewer Public Sewer
Water Public
Architectural Style Bi-level
Additional Building Above Grade, Below Grade
New Construction N
Schools
School District Morrisville Borough
Others
Tax ID 24-008-218
Ownership Fee Simple
SqFt Source Assessor
Acceptable Financing Cash
Listing Terms Cash
Financing Cash
Special Listing Condition Standard
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Bought with Kristi Shawley • HomeSmart Realty Advisors
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