Quakertown, PA 18951,141 S MAIN ST
Quakertown, PA 18951,141 S MAIN ST
Quakertown, PA 18951,141 S MAIN ST
Quakertown, PA 18951,141 S MAIN ST
Quakertown, PA 18951,141 S MAIN ST
Quakertown, PA 18951,141 S MAIN ST
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$390,000

$474,900

17.9%
Est.Price: ?

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Est. payment /mo

4,502 SqFt


SOLD DATE : 11/30/2015

Key Details

Sold Price $390,000

Property Type Multi-Family

Sub Type Detached

Listing Status Sold

Purchase Type For Sale

Square Footage 4,502 sqft

Price per Sqft $86

MLS Listing ID 1002640210

Sold Date 11/30/15

Style Other

HOA Y/N N

Abv Grd Liv Area 4,502

Originating Board TREND

Year Built 1850

Annual Tax Amount $4,259

Tax Year 2015

Lot Size 0.577 Acres

Acres 0.58

Lot Dimensions 80X314

Property Description

c.1850s stucco over stone building with c.1875 brick addition is a lucrative investment opportunity. The well-maintained building is sited on over half acre and offers sufficient gravel parking and green, park-like space in back. Inviting entry vestibules for the six rental units which offer refinished oak wood floors and carpet, and nicely updated kitchens. All are occupied and have separate electric meters and upgraded panels. Electric hot water heaters for each unit but one, which is summer-winter hookup. Owner pays water, sewer and heat. The heat is supplied by two oil-fired hot water furnaces which have been serviced annually. Hard-wired fire alarm system with battery backup. 35-yr architectural shingle roof was installed in 2015 with new plywood sheathing. There is room to expand with a studio apartment in the attic, which has new windows. Storage sheds are on concrete pads. Coin-operated washer/dryer included. Building needs some painting and that has been factored into the asking price. A great investment with a capitalization rate of 7.7 in historic Quakertown Boro!

Location

State PA

County Bucks

Area Quakertown Boro (10135)

Zoning R3

Rooms

Other Rooms Primary Bedroom

Basement Full, Unfinished, Outside Entrance, Drainage System, Dirt Floor

Interior

Hot Water Electric

Heating Oil, Hot Water, Radiator, Baseboard

Cooling None

Flooring Wood, Fully Carpeted, Vinyl, Tile/Brick

Fireplace N

Heat Source Oil

Laundry Washer In Unit, Dryer In Unit, Common

Exterior

Garage Spaces 8.0

Utilities Available Cable TV Available

Water Access N

Roof Type Pitched,Shingle

Accessibility None

Total Parking Spaces 8

Garage N

Building

Foundation Stone

Sewer Public Sewer

Water Public

Architectural Style Other

Additional Building Above Grade

New Construction N

Schools

High Schools Quakertown Community Senior

School District Quakertown Community

Others

Tax ID 35-004-286

Ownership Fee Simple

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Bright MLS (BMLS)
Listed by Michael J Strickland • Addison Wolfe Real Estate
Bought with Ronald W Bodden • RE/MAX 440 - Quakertown
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