Skip To Content

60 New Street

NEW HOPE, PA 18938
  • $1,800,000
  • STATUS: Active Under Contract
  • ON SITE: 88 Days
  • ID#: PABU2056886
Under Contract
UPDATED: 45 min ago
$1,800,000
  • 0
    BEDS
  • 0.38
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 2,884
    SQFT
  • $624
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1900
County:

School Information

Middle School:
High School:
School District:

Description

Incredible opportunity to own a fully leased, 4 unit multi-family building in the heart of New Hope, PA! This offering is also inclusive of an income producing parking lot which services up to 47 vehicles (currently being rented by The Bucks County Playhouse). All four units are 1 bed/1bath with beautiful canal views. Rents are currently under market value and there is also an opportunity to create one additional apartment in the building (pending township approvals). Really good New Hope multi-family properties are few and far between, especially in such a desirable location. There is also a healthy amount of upside as 60 New St has the potential to generate an even stronger return on your investment. Showings will be limited to specific dates and times.

Monthly Payment Calculator



©2023 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or Your Home Team | Long & Foster Real Estate. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2023-12-07T14:55:48.357.
www.yourhometeamde.com/homes/143249281
Print Image

60 New Street NEW HOPE, PA 18938

  • Price: $1,800,000
  • Status: Active Under Contract
  • On Site: 88 Days
  • Updated: 45 min ago
  • ID#: PABU2056886
0
Beds
0
Baths
0
½ Baths
0.38
Acres
2,884
SQFT
$624
$/SQFT
1900
Built
Neighborhood:
New Hope
County:
Bucks
Area:
New Hope Boro (10127)
Middle School:
New Hope-Solebury
High School:
New Hope-Solebury
School District:
New Hope-Solebury
Property Description
Incredible opportunity to own a fully leased, 4 unit multi-family building in the heart of New Hope, PA! This offering is also inclusive of an income producing parking lot which services up to 47 vehicles (currently being rented by The Bucks County Playhouse). All four units are 1 bed/1bath with beautiful canal views. Rents are currently under market value and there is also an opportunity to create one additional apartment in the building (pending township approvals). Really good New Hope multi-family properties are few and far between, especially in such a desirable location. There is also a healthy amount of upside as 60 New St has the potential to generate an even stronger return on your investment. Showings will be limited to specific dates and times.
Exterior Features

Architectural Style Other Construction Materials StuccoStone Garage YN No Location Type Canal Lot Features PrivatePremium Parking Features Paved DrivewayPrivate Parking Types Parking Lot Pool No Pool Property Condition Good Riparian Rights YN No View CanalScenic Vista Water Access YN No Water Oriented YN No Water View YN Yes Waterfront YN No

Interior Features

Above Grade Fin SQFT 2884 Basement YN No Cooling Central A/C Fireplace YN No Heating Forced Air Heating YN Yes Single Room Units 0 Three Bedroom Units 0 Two Bedroom Units 0

Property Features

Accessibility Features None Central Air YN Yes Cooling Fuel Natural Gas Cross Street W. MECHANIC Foundation Details Concrete Perimeter Heating Fuel Natural GasElectric Hot Water Electric Municipality NEW HOPE BORO Navigable Water YN N Net Operating Income 99535.00 New Construction YN No Number Of Units Total 4 Operating Expense 14741.00 Operating Expense Includes Snow RemovalTrashInsurance Original MLSNumber 802596911732 Owner Pays Taxes - Real EstateTrash CollectionWaterSewerLawn/Shrub CareSnow RemovalInsurance Ownership Interest Fee Simple Possession 31-60 Days CD Property Sub Type Quadruplex Sale Type Standard Sewer Public Sewer Structure Design Type Detached Tax Annual Amount 8390.00 Tax Assessment Amount 0.00 Vacation Rental YN No Water Source Well Zoning RB

Listing courtesy of Addison Wolfe Real Estate: .


©2023 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or Your Home Team | Long & Foster Real Estate. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2023-12-07T14:55:48.357.
 
https://bt-photos.global.ssl.fastly.net/brightmls/orig_boomver_1_802596911732-2.jpg https://bt-photos.global.ssl.fastly.net/brightmls/orig_boomver_1_802596911732-2.jpg https://bt-photos.global.ssl.fastly.net/brightmls/orig_boomver_1_802596911732-2.jpg
Logo
Your Home Team | Long & Foster Real Estate
490 E Main Street
Middletown DE, 19709