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$1,750,000
$1,950,000 10.3%
Est. payment /mo
4,828 Sqft Lot
UPDATED:
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
Year Built 1940
Annual Tax Amount $18,152
Tax Year 2024
Lot Size 4,828 Sqft
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
Exterior
Garage Spaces 6.0
Water Access N
Roof Type Flat
Building
Foundation Slab, Block
Sewer Public Sewer
Water Public
New Construction N
Schools
School District Council Rock
Others
Acceptable Financing Cash, Private, Other, Negotiable, Conventional
Listing Terms Cash, Private, Other, Negotiable, Conventional
Special Listing Condition Standard
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Listed by Dave Marcolla • Tucker Realty
Bought with Concetta Stefani • Coldwell Banker Hearthside
Bought with Concetta Stefani • Coldwell Banker Hearthside
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