501 N Pennsylvania Avenue, Morrisville, PA 19067

$510,000
List Price
$510,000
Total Taxes
$6675
Days on Market
3
Status
ACTIVE
MLS#
PABU520658
Lot Size (Acres)
0.15
Year Built
1946
County
Bucks
School District
Morrisville Borough

Property Description

INCREDIBLE income-producing property in the heart of Morrisville! Non-conforming pre-existing use allows only for a Barber Shop, Hair Salon, or similar use. Buyer to inquire/confirm with Boro zoning for any other desired usage. 1st level consists of a highly visible storefront, currently a Barber Shop, approximately 400 sq ft and includes a half bath. Also, there is a 2 Bedroom, 1 Bath apartment, complete with an eat-in kitchen, dining area, living room, and sun porch. This unit is well maintained by long-term tenants that wish to remain, currently rented for $1500 a month. The entire 2nd floor is a beautifully upgraded apartment - no expense was spared by the current owner/occupant! You will find a large living room, dining room, kitchen, 2 full baths, and 3 bedrooms! And don't forget the welcoming balcony - the perfect place to relax outside, barbeque, and watch the Boro parades! A full, walk-out, basement completes this property. But wait, there's more! A 2-car detached garage will provide additional storage or rental income for the new owner (one unit is currently used by the owner, the other is rented for $200 a month). Conveniently located, this is the opportunity you have been looking for! Cross-listed Multi-Family MLS# PABU520662

Additional Information

Area
Morrisville Boro (10124)
Stories
2
Heating
Forced Air, Heat Pump(s)
Cooling
Central A/C
Water
Public
Sewer
Public Sewer

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of NextHome Essential Realty.

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