3295 DURHAM RD Mechanicsville, PA 18934

Unique MIXED-USE and MULTI-FAMILY investment opportunity with low taxes! Conveniently located between Doylestown and New Hope in the village of Mechanicsville, this property has exciting potential! A luscious ONE-ACRE LOT at the crossroads of the village, offers a spacious vintage farmhouse attached to a U.S. Post Office (current long-term tenant). In addition, there is a cottage (currently rented) with an attached one-car garage, plus a larger detached two-car garage, and open yard space at the rear of the property. The VC-1 Zoning allows for multiple uses (a copy of the ‘uses’ is readily available). Current income is $45,685. Projected income, when the property is 'fully' rented, is approximately $78,000 annually. This could also be a perfect opportunity for an OWNER-OCCUPIED INVESTMENT with rental income to pay the mortgage! The house consists of four bedrooms, two full baths, and a full basement! The original structure of this charming home, believed to date back to the early 1800’s, has had multiple additions over the years. Boasting wide-width pumpkin pine floors throughout, this house will make a perfect ‘home’ for the holidays! The hearth/living room features a beautiful walk-in stone fireplace! The main level has a convenient kitchen next to the charming dining room with easy access to the outside screened porch for pre- or post-dinner refreshments. This floor is complete with a main-level laundry and small utility/workroom. The upper levels include the owner’s bedroom with ensuite bath, three more very sizable bedrooms with closet space, a fully finished walk-up attic, plus a second attic for storage. The ‘cottage’ on this property offers one bedroom, a full bath, kitchen, and living/dining area with fireplace on the upper level, and flex/office space, another full bathroom, laundry, and workshop on the lower level. There are two separate parking areas -- one with six spaces to accommodate post office visitors, and another parking area with five spaces for the residence occupants. The garages can be for personal use by the residents or leased as storage space to generate added rental income. Utilities are separate for the house, post office and cottage. Heat sources include gas and oil. Property has a private well. Act quickly – an opportunity such as this, and at this fantastic price, comes along once in a lifetime!