1. Pennsylvania
  2. Penndel
  3. 35 W LINCOLN HWY
$380,000

35 W LINCOLN HWY, Penndel, PA 19047

  • 1,754 sqft
  • Property Icon Duplex
  • Property Year Built Icon Built in 1920
  • Property Lot Size Icon3,920sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $217/sqft
  • Property List Date Icon Listed 2 days ago

Property Description

This is an exceptional investment opportunity! This duplex features two units with stable, long-term tenants who would love to stay. The first-floor unit is a spacious 2-bedroom, 1-bath with a large master bedroom that includes a walk-in closet and a sitting/desk area. This unit rents for $1,100. The second-floor unit offers a 3-bedroom, 1-bath layout, with one bedroom on the second floor and two on the third. This unit rents for $1,300. Both rents are well below market value. Additionally, the garage was once rented separately, adding to the potential income stream. The property was originally a commercial storefront and was converted to residential living, with the possibility to revert it back to commercial use (buyer to confirm with the township and do own due diligence). Both tenants have been there for a long time and are currently on month-to-month leases. Landlord currently pays gas, water/sewer and tenant pays electric/cable and all other utilities. The seller has completed many of the necessary certifications for Penndel Township's use and occupancy, and clear heater, chimney, and termite certifications are available. The seller is also in the process of completing the sewer certification. This property offers a great opportunity for an investor looking for steady income with room for improvement in rents. **Agent is related to seller**

Listing Status:
Active
Listing Office:
Keller Williams Real Estate-Langhorne : 2157576100
Listing Agent:
Christina Krajcsik : 2159715869
MLS ID:
PABU2100552
  • A/C: Window Unit(s)
  • Heating: Forced AirNatural Gas
  • Disability Feature: None

This listing courtesy of Christina Krajcsik, Keller Williams Real Estate-Langhorne

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

H

Herbert Hoover Elementary School

500 Trenton Rd, Langhorne, PA, 19047

Grades KG-5

0.92 miles away

C

Carl Sandburg Middle School

30 Harmony Rd, Levittown, PA, 19056

Grades 6-8

1.57 miles away

N

Neshaminy High School

2001 Old Lincoln Hwy, Langhorne, PA, 19047

Grades 9-12

1.85 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.