13-15 S STATE ST Under Contract

Newtown,PA 18940

$ 1950000

- Bed

- Bath

0 SqFt


Key Details

Property Type Commercial

Sub Type Five Or More Units

Listing Status Under Contract

Purchase Type For Sale

MLS Listing ID PABU2074844

Originating Board BRIGHT

Year Built 1940

Annual Tax Amount $18,152

Tax Year 2024

Lot Size 4,828 Sqft

Acres 0.11

Lot Dimensions 34.00 x 142.00

Property Description

Welcome to historic 13 - 15 South State Street (the largest building on the block) in the heart of Newtown Borough. This treasured building is home to 5 residential apartments (floors 2 and 3) and 2 successful businesses (Calm Waters & Blossom) on the first floor. The cafe sides was completely redone after taking it to the studs when owners purchased. All units are currently rented. 4 of the 5 apartments have been recently renovated top to bottom. 3 of the units are 1 bedroom with 2 being studios. Other recent property updates include new Bilco basement doors, new drainage system in basement, new flashing on doors and windows. Perfect investment opportunity to step in and own a successful muti-unit mixed used property in desirable downtown Newtown, Bucks County.

Location

State PA

County Bucks

Area Newtown Boro (10128)

Zoning VC

Interior

Hot Water Electric

Heating Forced Air,Radiant

Cooling Central A/C

Flooring Carpet,Ceramic Tile,Hardwood,Laminate Plank,Luxury Vinyl Tile,Vinyl

Heat Source Electric

Exterior

Garage Spaces 6.0

Waterfront N

Water Access N

Roof Type Flat

Accessibility None

Total Parking Spaces 6

Garage N

Building

Foundation Slab,Block

Sewer Public Sewer

Water Public

New Construction N

Schools

School District Council Rock

Others

Tax ID 28-002-051

Ownership Fee Simple

SqFt Source Assessor

Acceptable Financing Cash,Private,Other,Negotiable,Conventional

Listing Terms Cash,Private,Other,Negotiable,Conventional

Financing Cash,Private,Other,Negotiable,Conventional

Special Listing Condition Standard

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