Langhorne, PA 19047,457 WOODBOURNE RD
Langhorne, PA 19047,457 WOODBOURNE RD
Langhorne, PA 19047,457 WOODBOURNE RD
18
$700,000
$725,000
3.4%
Est.Price: ?

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0.5 Acres Lot

457 WOODBOURNE RD Langhorne, PA 19047

Est. payment /mo
SOLD DATE : 07/15/2017

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Key Details

Sold Price $700,000

Property Type Commercial

Listing Status Sold

Purchase Type For Sale

Subdivision Langhorne Gdns

MLS Listing ID 1002603237

Sold Date 07/15/17

HOA Y/N N

Originating Board TREND

Year Built 1979

Annual Tax Amount $7,651

Tax Year 2017

Lot Size 0.502 Acres

Acres 0.5

Lot Dimensions 156X118

Property Description

5 Unit Mixed use property. Yielding 8.25% CAP rate after accounting for a 10 % Vacancy Rate. Great commercial corner property with prominent lite signage. Professional zoning. Across the street from regional shopping center, Oxford Valley Mall. Average daily traffic count over 10,000 vehicles pass this location according to Penn Dot. There are 2 buildings the main build is a converted farmhouse. It houses 3 units, 2 office units on the first floor with a shared power room. The second and third floors has a 3-4 bedroom apartment. The second building is a converted tractor barn and it has 2 units, both offered as office spaces. There is a Full Kitchen and 1 1/2 baths in this building, allowing for flexibility to be used as a residence. The main building also has a full basement, and all units have air conditioning, and all separate utilities.

Location

State PA

County Bucks

Area Middletown Twp (10122)

Zoning PROF

Rooms

Other Rooms Primary Bedroom

Interior

Hot Water Electric

Flooring Tile/Brick, Wood, Carpet

Fireplace N

Heat Source Bottled Gas/Propane

Exterior

Utilities Available Water Available, Sewer Available, Natural Gas Available, Electric Available, Phone, Cable TV Available, Under Ground

Water Access N

Roof Type Pitched,Shingle

Accessibility Mobility Improvements

Road Frontage State

Garage N

Building

Building Description Other,Plaster Walls, Kitchen

Foundation Stone, Concrete Perimeter

Sewer Public Sewer

Water Public, Well

Structure Type Other,Plaster Walls

New Construction N

Schools

School District Neshaminy

Others

Tax ID 22-044-090

Ownership Fee Simple

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Bright MLS (BMLS)
Listed by I Lee Dickstein • River Valley Properties
Bought with Zena Charokopos • Nai Mertz Corporation

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Joanna Dieter

Agent | License ID: 665620

+1(410) 949-6855

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