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Key Details
Sold Price $575,000
Property Type Single Family Home
Sub Type Detached
Listing Status Sold
Purchase Type For Sale
Square Footage 4,000 sqft
Price per Sqft $143
Subdivision None Available
MLS Listing ID PABU2004576
Sold Date 11/18/21
Style Traditional
Bedrooms 7
Full Baths 3
Half Baths 1
HOA Y/N N
Abv Grd Liv Area 4,000
Originating Board BRIGHT
Annual Tax Amount $9,597
Tax Year 2020
Lot Size 1.540 Acres
Acres 1.54
Lot Dimensions 0.00 x 0.00
Property Description
Amazing investment opportunity with off the charts cashflow!! 4508 New Falls is a 7 Bedroom 3.5 bath legally licensed and permitted as a group sober living home in pristine condition. This property also includes 3 large garages, 1 small garage and 2 fenced in yards which are all rented to paying tenants. Completely renovated within the last 5 years, you will not believe the great condition of the property. Each room has approximately 2 beds (can legally have up to 4) beds are rented at $170 / week. Approximately $2500 / week income for a potential gross monthly income of $10,000! Property has the majority of beds filled with paying tenants, house managers in place. You will not find a better investment opportunity!
Location
State PA
County Bucks
Area Bristol Twp (10105)
Zoning R3
Rooms
Main Level Bedrooms 3
Interior
Hot Water Natural Gas
Heating Forced Air
Cooling Central A/C
Heat Source Natural Gas
Exterior
Garage Additional Storage Area
Garage Spaces 8.0
Waterfront N
Water Access N
Accessibility None
Parking Type Detached Garage, Parking Lot
Total Parking Spaces 8
Garage Y
Building
Story 2
Sewer Public Sewer
Water Public
Architectural Style Traditional
Level or Stories 2
Additional Building Above Grade
New Construction N
Schools
School District Bristol Township
Others
Senior Community No
Tax ID 05-021-162
Ownership Fee Simple
SqFt Source Estimated
Acceptable Financing Cash, Conventional, Bank Portfolio
Listing Terms Cash, Conventional, Bank Portfolio
Financing Cash,Conventional,Bank Portfolio
Special Listing Condition Standard
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Bought with Andrew J Reilly • RE/MAX Total - Fairless Hills
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