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510 S State Street

NEWTOWN, PA 18940
  • $995,000
  • STATUS: Active
  • ON SITE: 22 Days
  • ID#: PABU2024472
Price Reduced
UPDATED: 53 min ago
$995,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 3,973
    SQFT
  • $250
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1780
County:

School Information

Elementary School:
Middle School:
School District:

Description

Welcome to 510 S. State St. In the Historic Newtown Boro! This UNIQUE QUADRAPLEX with its wrap-around porch consists of 2 TWO BEDROOM UNITS on the lower level, and 1 ONE BEDROOM UNIT on the upper level. The SEPARATE RANCH style rental next to the main building offers two bedrooms with timber decking & a fenced-in yard. The main house was converted in 1971 into a multi-family rental. Each with its own electric & heating system. Front, rear & ranch style units with new gas furnaces in 2021, upper unit has electric baseboard heating. Roof 2007, newer windows, upgraded electric service panels, cables & meters. ALL RENTS ARE SIGNIFICANTLY BELOW MARKET VALUE for this desirable location that is just a short walk to fabulous restaurants & shopping. The well anticipated Newtown rails to trails is a stone through away. There is an ample-sized private parking lot for all tenants. The tenant's rent includes $80.00 a month towards water & sewer, ALL ON MONTH-TO-MONTH LEASES & all but one unit is occupied at the moment. Tenants pay their own electric & gas. Why not live in one unit and collect rent from the other three! There are two parcels to 510 S. State St; Larger parcel (28-004-014) is in Newtown Borough, taxes approx., $9,737 the smaller parcel (29-010-020-001) is in Newtown Twp. taxes approx. 444.50. Easy access to major commuting routes, Princeton, New York & Philadelphia. All in the Award-winning school district of Council Rock North.

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©2022 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 The Dailey Group | Keller Williams Gateway. 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: 2022-05-24T20:50:23.22.
www.thedaileygroup.com/homes/128244554
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510 S State Street NEWTOWN, PA 18940

  • Price: $995,000
  • Status: Active
  • On Site: 22 Days
  • Updated: 53 min ago
  • ID#: PABU2024472
0
Beds
0
Baths
0
½ Baths
N/A
Acres
3,973
SQFT
$250
$/SQFT
1780
Built
Neighborhood:
Newtown Boro (10128)
County:
Bucks
Area:
Newtown Boro (10128)
Elementary School:
Goodnoe
Middle School:
Cr-Newtown
High School:
Council Rock High School North
School District:
Council Rock
Property Description
Welcome to 510 S. State St. In the Historic Newtown Boro! This UNIQUE QUADRAPLEX with its wrap-around porch consists of 2 TWO BEDROOM UNITS on the lower level, and 1 ONE BEDROOM UNIT on the upper level. The SEPARATE RANCH style rental next to the main building offers two bedrooms with timber decking & a fenced-in yard. The main house was converted in 1971 into a multi-family rental. Each with its own electric & heating system. Front, rear & ranch style units with new gas furnaces in 2021, upper unit has electric baseboard heating. Roof 2007, newer windows, upgraded electric service panels, cables & meters. ALL RENTS ARE SIGNIFICANTLY BELOW MARKET VALUE for this desirable location that is just a short walk to fabulous restaurants & shopping. The well anticipated Newtown rails to trails is a stone through away. There is an ample-sized private parking lot for all tenants. The tenant's rent includes $80.00 a month towards water & sewer, ALL ON MONTH-TO-MONTH LEASES & all but one unit is occupied at the moment. Tenants pay their own electric & gas. Why not live in one unit and collect rent from the other three! There are two parcels to 510 S. State St; Larger parcel (28-004-014) is in Newtown Borough, taxes approx., $9,737 the smaller parcel (29-010-020-001) is in Newtown Twp. taxes approx. 444.50. Easy access to major commuting routes, Princeton, New York & Philadelphia. All in the Award-winning school district of Council Rock North.
Exterior Features

Architectural Style Colonial Construction Materials MasonryStone Exterior Features Sidewalks Garage YN No Lot Features Additional Lot(S)IrregularLevelNot In Development Other Structures Above GradeBelow Grade Parking Features Asphalt DrivewayPaved DrivewayPrivate Parking Types Driveway Patio And Porch Features Porch(Es)Wrap Around Pool No Pool Property Condition Good Riparian Rights YN No Roof OtherShingle Water Access YN No Water Oriented YN No Water View YN No Waterfront YN No

Interior Features

Above Grade Fin SQFT 3973 Appliances WasherDryer Basement PartialUnfinished Basement YN Yes Below Grade Finished Area 0 Below Grade Unfinished Area 0 Cooling Ceiling Fan(S)Window Unit(S) Exclusions Bench in Backyard Fireplace YN No Fireplaces Total 2 Flooring HardwoodPartially CarpetedVinyl Heating RadiatorBaseboard - ElectricHot Water & Baseboard - Electric Heating YN Yes Inclusions Four RefrigeratorsThree Washers & Dryers Interior Features Ceiling Fan(S) Single Room Units 0 Spa YN No Three Bedroom Units 0 Two Bedroom Units 3

Property Features

Acceptable Financing ConventionalCash Accessibility Features 2+ Access ExitsLevel Entry - Main Assessment Year 2022 Central Air YN No Cooling Fuel None Cross Street Lincoln Ave Electric 200+ Amp Service Existing Lease Type Month To Month Heating Fuel Natural GasElectric Historic YN No Hot Water Natural Gas Municipality Newtown Boro Navigable Water YN N New Construction YN No Number Of Units Leased 3 Number Of Units Total 4 Number Of Units Vacant 1 Original MLSNumber 801489554116 Owner Pays InsuranceSnow RemovalTrash Collection Ownership Interest Fee Simple Possession Immediate0-30 Days Cd31-60 Days Cd Property Sub Type Quadruplex Sale Type Standard Sewer Public Sewer Structure Design Type Other Tax Annual Amount 9737.00 Tax Assessment Amount 55480.00 Tax Lot 014 Utilities Cable Tv Available Vacation Rental YN No Water Source Public Zoning V1 Zoning Description Larger Parcel is in Newtown Boro & is Zoned B-1 Gateway Commercial. The Second Parcel is in Newtown Twp. Zoned Residential.

Listing courtesy of Coldwell Banker Hearthside.


©2022 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 The Dailey Group | Keller Williams Gateway. 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: 2022-05-24T20:50:23.22.
 
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