1515 Lakeland Ave

Bristol, PA 19007
  • $475,000

    Price
  • 4

    Bed
  • 2.5

    Bath
  • 0

    SqFt

About the Listing 55528 - 3137986

Unlock multiple income streams with this mixed-use duplex investment located in the heart of Bristol. The property features a 4-bedroom, 2-bath residential unit currently leased at $1,600/month, providing stable long-term income. Attached is a commercial storefront space that is ideal for a convenience store, deli, grocery, vape/smoke shop, take-out concept, bakery, or neighborhood retail. For an owner-operator, the existing business model can generate approximately $7,000/month in revenue, providing a total potential income of $8,600/month between both units. After normal operating expense assumptions, this property delivers an estimated 15% cap rateβ€”a rare and extremely strong return in today's market. Key Features 🏠 4 Bed / 2 Bath Residential Unit – Currently rented for $1,600/mo πŸͺ Operating Storefront – Approx. $7,000/mo revenue for owner-operator πŸ”‘ Mixed-Use = Multiple Income Streams πŸ’Έ Cash Flow From Day One πŸ”₯ 15% Cap Rate (Owner-Operator Performance) πŸš— On-site parking + strong neighborhood traffic πŸ“ Convenient Bristol location close to schools, homes, and commuter routes Who This Is Perfect For A business owner who wants to live where they work An investor looking for high cash flow with built-in upside Someone ready to run their own neighborhood store and build community relationships This property is already producing income, already occupied, and already positioned to perform. Deals at this return level do not sit long in Bucks County. Showings by appointment only. Serious inquiries encouraged.

Listing Highlights for 1515 Lakeland Ave

Status Active
Days on Site 6
Property Type Residential
MLS ® PABU2108376
Year Built 1980
Total Square Footage 0
Lot/Acreage 50.00 x 100.00
County Bucks
Neighborhood Bristol
School District Bristol Township

Interior Details

  • Bedrooms: 4
  • Bathrooms: 2 Full / 1 Half
  • Appliances:
  • Air Cond: Central A/C
  • Heating: Central
  • Fireplaces:
  • Floor:
  • Above Ground Sq Ft: 0
  • Below Ground Sq Ft: 0
  • Basement: Partially Finished,Combination
  • Other: Main Floor Bedrooms: 1
  • Water: Public

Exterior Details

  • Lot Description: Not New Construction,Horse Property: No
  • Garage Capacity: 3 car
  • Parking Spaces: 5
  • Lot Dimensions: 50.00 x 100.00
  • Zoning: RT
  • Roof:
  • Others:
  • Sewer: Public Sewer
  • Parking Features: Garage - Rear Entry,Detached Garage,Driveway,Parking Lot,Detached Carport,On Street,Parking Garage,4+ Spaces,3+ Spaces,2+ Spaces,1+ Spaces

Financial Details

  • Tax Amount: $4,361
  • Taxes w/Assessments: N/A
  • Tax/Property ID: N/A
  • Tax Year: 2025

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1515 Lakeland Ave Bristol, PA 19007

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Originating MLS: BRIGHT_MAIN

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