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About the Listing OPUSEL1 - 3340288
Great investment opportunity in the award-winning Pennsbury School District! Fully occupied and income-producing quadruplex featuring 4 residential units plus a 2-car garage with separate entrances and strong rental history. Property consists of (1) 3-bedroom unit with central air and washer/dryer, and (3) 1-bedroom units. Several updates throughout the property including new flooring and fresh paint in the top unit. Current gross annual income: approximately $69,600/year Estimated annual taxes: $3,361 Insurance: approximately $1,800/year Water & sewer: approximately $1,400/year Estimated NOI (Net Operating Income): approximately $63,039/year Estimated cap rate at asking price: approximately 8.64% Tenants pay gas heat, electric, and cable. Landlord currently pays water, sewer, taxes and insurance. Conveniently located near shopping, dining, major highways, and public transportation, making this a rare investment opportunity in Lower Bucks County. Showings will take place Sunday, 05/31 from 12:00 PM – 3:00 PM only. Please do not disturb the tenants.Pre-approval or proof of funds required prior to scheduling.
Listing Highlights
Status
Active With Contingency
Days on Site
30
Property Type
Multi-Family
MLS ®
PABU2121552
Year Built
1975
Total Square Footage
2,852
Lot/Acreage
0.09
County
Bucks
School District
Pennsbury
Elementary School
Walt Disney
Middle School
Pennwood
High School
Pennsbury
Interior Details
- Bedrooms: 6
- Bathrooms: 0 Full
- Appliances:
- Air Cond: Central A/C,Wall Unit
- Heating: Baseboard - Hot Water
- Fireplaces:
- Floor:
- Above Ground Sq Ft: 2852
- Below Ground Sq Ft: 0
- Basement:
- Other:
- Water: Public
Exterior Details
- Lot Description: Not New Construction,Horse Property: No
- Garage Capacity: N/A
- Lot Dimensions: 34.00 x 110.00
- Zoning: BC
- Roof:
- Others:
- Sewer: Public Sewer
- Parking Features: Off Site
Financial Details
- Tax Amount: $3,361
- Taxes w/Assessments: N/A
- Tax/Property ID: N/A
- Tax Year: 2025
Payment Calculator
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Questions About..
366 Main St Tullytown, PA 19007
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