$1,000,000
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603 & 605 CEDAR ST Bristol, PA 19007
5,794 SqFt
Key Details
Sold Price $1,000,000
Property Type Commercial
Sub Type Five Or More Units
Listing Status Sold
Purchase Type For Sale
Square Footage 5,794 sqft
Price per Sqft $172
MLS Listing ID PABU501424
Sold Date 11/06/20
HOA Y/N N
Originating Board BRIGHT
Year Built 1901
Annual Tax Amount $6,171
Tax Year 2020
Lot Size 2,295 Sqft
Acres 0.05
Lot Dimensions 27.00 x 85.00
Property Description
Here is your chance to own a phenomenal investment property in one of Pennsylvania' hottest real estate markets! This listing consists of 2 parcels with a total of 8 apartments and one oversized detached garage. The property is located just one block off Radcliffe Street and walking distance to the waterfront, downtown Mill Street and the borough's boat docks. Every unit has separate gas and electric and the owner installed sub water meters so each unit pays for their own water usage. The building is comprised of (2) efficiencies, (5) one bedroom units and (1) two-bedroom units. The entire building is fully occupied, very well-maintained and there is an additional tenant in the garage space which is two-stories and has an office on the 2nd level for the tenant who utilizes the garage. The current owner installed new roofs and completely renovated one of the apartments which is a bench-mark for any future renovations needed. It is a rare opportunity when 9 units are for sale in Historic Bristol Borough so don't miss out on investing in this riverfront community which has unofficially been labeled America's #1 Small Town. Listing information reflects the data for two parcels that combine for the 8 units and the garage. Do not inquire about selling just one parcel as the owner is only selling the entire building as a package.
Location
State PA
County Bucks
Area Bristol Boro (10104)
Zoning R2
Interior
Hot Water Natural Gas
Heating Hot Water
Cooling None
Heat Source Natural Gas
Exterior
Water Access N
Accessibility None
Garage N
Building
Sewer Public Sewer
Water Public
New Construction N
Schools
School District Bristol Borough
Others
Tax ID 04-021-001 & 04-021-003
Ownership Fee Simple
SqFt Source Assessor
Special Listing Condition Standard
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Bought with Kimberly Cassidy • KW Philly
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