See Home Value
Bucks 18974
133-135 EVERGREEN AVENUE
$800,978*
Multifamily - Off Market

133-135 EVERGREEN AVENUE

WARMINSTER, PA 18974
bedrooms
Studio
bathrooms
0 Bath
square feet
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.
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
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
4 Beds
3 Baths
3,000 ft²
$170/ft²
$510,000 Dec 5, 2023
$510,000 Feb 6, 2024
-
House
4 Beds
3 Baths
2,000 ft²
$275/ft²
$550,000 Feb 16, 2024
$550,000 Apr 17, 2024
-
Commercial
Loft
-
-
$575,000 Aug 19, 2023
$575,000 Jan 12, 2024
-
Multifamily
Stu
-
-
$600,000 Nov 15, 2023
-
-
In Contract
House
5 Beds
3 Baths
1,536 ft²
$322/ft²
$495,000 Feb 23, 2024
-
-
In Contract
House
3 Beds
2 Baths
1,450 ft²
$341/ft²
$495,000 Feb 8, 2024
-
-

Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20200720
07/20/2020
Studio
-
3490 ft²
$599,000
bedrooms
Studio
bathrooms
-
square feet
3490 ft²
-
-
-
-

Building Info

133 Evergreen Avenue 133 Evergreen Avenue, Warminster, PA 18974
More about this Building
133 Evergreen Avenue
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About Bucks


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