$1,750,000
$1,950,000
10.3%For more information regarding the value of a property, please contact us for a free consultation.
4,828 Sqft Lot
SOLD DATE : 12/11/2024
Key Details
Sold Price $1,750,000
Property Type Commercial
Sub Type Five Or More Units
Listing Status Sold
Purchase Type For Sale
MLS Listing ID PABU2074844
Sold Date 12/11/24
Originating Board BRIGHT
Year Built 1940
Annual Tax Amount $18,152
Tax Year 2024
Lot Size 4,828 Sqft
Acres 0.11
Lot Dimensions 34.00 x 142.00
Property Description
Welcome to historic 13 - 15 South State Street (the largest building on the block) in the heart of Newtown Borough. This treasured building is home to 5 residential apartments (floors 2 and 3) and 2 successful businesses (Calm Waters & Blossom) on the first floor. The cafe sides was completely redone after taking it to the studs when owners purchased. All units are currently rented. 4 of the 5 apartments have been recently renovated top to bottom. 3 of the units are 1 bedroom with 2 being studios. Other recent property updates include new Bilco basement doors, new drainage system in basement, new flashing on doors and windows. Perfect investment opportunity to step in and own a successful muti-unit mixed used property in desirable downtown Newtown, Bucks County.
Location
State PA
County Bucks
Area Newtown Boro (10128)
Zoning VC
Interior
Hot Water Electric
Heating Forced Air, Radiant
Cooling Central A/C
Flooring Carpet, Ceramic Tile, Hardwood, Laminate Plank, Luxury Vinyl Tile, Vinyl
Heat Source Electric
Exterior
Garage Spaces 6.0
Water Access N
Roof Type Flat
Accessibility None
Total Parking Spaces 6
Garage N
Building
Foundation Slab, Block
Sewer Public Sewer
Water Public
New Construction N
Schools
School District Council Rock
Others
Tax ID 28-002-051
Ownership Fee Simple
SqFt Source Assessor
Acceptable Financing Cash, Private, Other, Negotiable, Conventional
Listing Terms Cash, Private, Other, Negotiable, Conventional
Financing Cash,Private,Other,Negotiable,Conventional
Special Listing Condition Standard
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Bought with Concetta Stefani • Coldwell Banker Hearthside
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "