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115 W BRIDGE ST, Morrisville, Pennsylvania

$525,000Active

115 W BRIDGE ST, Morrisville, Pennsylvania 19067
River Valley Properties - MLS® ID: 7004330

Property Details

115 W BRIDGE ST, Morrisville, Pennsylvania 19067 - Over 8% CAP Rate on 7 Unit Apartment building. Fully occupied. Rents currently below market rent. A nominal increase in rents will increase the CAP Rate to 9.5%. Units are walking distance to shopping, restaurants, and Downtown Trenton. Easy access to the NJ Transit/Amtrak train station. There are 4 One bedroom and 3 Two Bed room units in 2 buildings. Each building is 2 storied, with large yard space between the 2 buildings. Street parking is readily available. All utilizes are separate. Heat, water & sewer are included in rent. Take over and start the cash flow.

Amenities

  • Zip19067
  • CountyBucks
  • SQFT4850
  • StatusActive
  • Purchase TypeActive
  • Property typeCommercial
  • Zoning typeC3
  • School districtMorrisville Boro
  • Year built1965
  • Lot size0.17
  • Tax amount8911.00
  • Tax year2017
  • Office ID55838
  • Agent ID44885
  • Agent nameI Lee Dickstein
  • MLS® ID7004330

Broker: River Valley Properties

Listing Courtesy of River Valley Properties

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“Chris did a terrific job helping me to find just the right home and holding my hand all through the process of buying a home. Chris was always avaiable on the momentary notice to address any issue, large or small; and many times i had to wonder if he ever takes a break. I would recommend Chris for any real estate needs in a heartbeat!!! Thank you The Somers Team!”

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