$800,978*
●
Multifamily -
Off Market
133-135 EVERGREEN AVENUE
WARMINSTER, PA 18974
Studio
0 Bath
3490 Sqft
$540,000 - $658,000
Reference Base Price*
33.72%
Since Nov 1, 2020
National-US
Primary Model
About This Property
Amazing investment opportunity in a great neighborhood! This
completely renovated MULTI-UNIT consists of a SINGLE HOUSE, a
DUPLEX and an oversized 2-CAR GARAGE with plenty of well-lit
driveway parking for tenants with commercial LED pole light on huge
.56 acre lot! All units were COMPLETELY RENOVATED in 2016.
The single house is currently vacant offering the opportunity
to owner occupy and have tenants pay mortgage! This property
has had 100% occupancy since 2016 and is always easy to rent,
attracting large numbers of applicants! Net rents are $48,550.
Offering a 8% Cap Rate!2016 DUPLEX renovations include: New main
water line, new roof, new stucco, 2 new panels with all Romex
wiring, 2 new water heaters, all new stainless appliances, new
kitchen cabinets, new granite counter tops, 2 newly renovated
bathrooms, new recessed lighting & ceiling fans in every room.
1st floor has 2 large bedrooms, new vinyl flooring, 2 covered
patios, and is 900 sf. 2nd floor has 3 bedrooms with vaulted
ceilings, lots of natural light & windows, refinished original
yellow pine hardwood floors, in-unit W/D, large deck, and is 900
sf.2016 SINGLE HOUSE renovations include: Newly upgraded 200 amp
service, new panel with all Romex wiring, new water heater, new
recessed lighting and ceiling fans in every room, new vinyl
flooring, all new stainless appliances, new kitchen cabinets, new
counter tops, newly renovated bathrooms, 1 covered patio and 1 rear
enclosed patio. The main floor has a spacious kitchen (12 x
10), living room (16 x 16), two bedrooms (master 17 x 12) and
(11 x 9), a full renovated bath, and pull-down stairs to the attic
for great storage. The basement offers two finished areas -
the main area is 18 x 16 - and there is a 9 x 9 bonus room,
as well as a utility area and laundry room (2 sets of washers &
dryers included). TWO-CAR GARAGE has new fluorescent lighting
and a huge attic for storage or possible future 2nd story addition.
900 sf. Gross rents are $55,440 - 6,890 (taxes and insurance)
= $48,550/600,000 8.1% Cap Rate.
The manager has listed the unit size as 3490 square feet.
The manager has listed the unit size as 3490 square feet.
Unit Size
3,490Ft²
Days on Market
-
Land Size
0.57 acres
Price per sqft
$172
Property Type
Multifamily
Property Taxes
$5,406
HOA Dues
-
Year Built
-
Price History
Date / Event | Date | Event | Price |
---|---|---|---|
Oct 15, 2020 | No longer available | - | |
No longer available | |||
Jul 20, 2020 | Listed | $599,000 | |
Listed |
Property Highlights
Air Conditioning
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Sold
House
4
Beds
3
Baths
3,000 ft²
$170/ft²
$510,000
Dec 5, 2023
$510,000
Feb 6, 2024
-
Sold
House
4
Beds
3
Baths
2,000 ft²
$275/ft²
$550,000
Feb 16, 2024
$550,000
Apr 17, 2024
-
Past Sales
Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
---|---|---|---|---|---|---|---|---|
07/20/2020
|
|
Studio
|
-
|
3490 ft²
|
$599,000
Studio
-
3490 ft²
|
-
-
|
-
|
-
|
Building Info
About Bucks
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