New Hope, PA 18938,60 NEW ST
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New Hope, PA 18938,60 NEW ST
New Hope, PA 18938,60 NEW ST
New Hope, PA 18938,60 NEW ST
New Hope, PA 18938,60 NEW ST

$1,600,000

Est. payment /mo

$1,800,000

11.1%
Est.Price: ?

For more information regarding the value of a property, please contact us for a free consultation.

60 NEW ST New Hope, PA 18938

2,884 SqFt

SOLD DATE : 04/15/2024

Key Details

Sold Price $1,600,000

Property Type Multi-Family

Sub Type Detached

Listing Status Sold

Purchase Type For Sale

Square Footage 2,884 sqft

Price per Sqft $554

Subdivision New Hope

MLS Listing ID PABU2065758

Sold Date 04/15/24

Style Other

Abv Grd Liv Area 2,884

Originating Board BRIGHT

Year Built 1900

Annual Tax Amount $10,062

Tax Year 2023

Lot Size 0.383 Acres

Acres 0.38

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.

Location

State PA

County Bucks

Area New Hope Boro (10127)

Zoning RB

Interior

Hot Water Electric

Heating Forced Air

Cooling Central A/C

Fireplace N

Heat Source Natural Gas, Electric

Exterior

Garage Spaces 47.0

Water Access N

View Canal, Scenic Vista

Accessibility None

Total Parking Spaces 47

Garage N

Building

Lot Description Private, Premium

Foundation Concrete Perimeter

Sewer Public Sewer

Water Well

Architectural Style Other

Additional Building Above Grade

New Construction N

Schools

Middle Schools New Hope-Solebury

High Schools New Hope-Solebury

School District New Hope-Solebury

Others

Tax ID 27-010-107

Ownership Fee Simple

SqFt Source Estimated

Special Listing Condition Standard

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Bright MLS (BMLS)
Listed by Revi M Haviv • Addison Wolfe Real Estate
Bought with Mary Yang • Tesla Realty Group, LLC

Bobbi Farquhar

Advisor | License ID: 603292

+1(301) 752-3088

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