559 Bath Street, Bristol, PA 19007 | MLS 1002107236 | Listing Information | brightMLShomes.com
FOR SALE
$390,000

559 Bath Street
Bristol, PA 19007

Fourplex , Other
Residence
0.17
Acre Lot
1of
Photos
Map
Courtesy: SVN-Ahia Commercial Real Estat
TURNKEY APARTMENT BUILDING FOR SALE - SVN Ahia Commercial Real Estate is pleased to extend the opportunity for investors to purchase 559 Bath Street, a fully occupied 4-unit apartment building located in one of Bucks County's most up-and-coming sub-markets. This turn key investment has been owned and managed by long-term local owners for over 30+ years. With no immediate capital needs, this offering provides a new owner excellent day-1 cashflow, while still presenting a variety of easily-executable value-add opportunities. Current ownership has invested a significant amount of capital into upgrading and maintaining the building over its 30+ years of ownership. Improvements within the last 5 years include a new roof, water heater, chimney stack, oil tank (above ground), sidewalk replacement, sewer lines, and various upgrades throughout the interior apartments. This investment is easy to maintain, offers some of the largest apartments in the market, has no deferred maintenance or immediate capital needs, and provides a significant value-add opportunity to a new owner. Immediate value-add propositions include long term tenants with below market rents, an opportunity to convert oil heat to sub-metered electric (billed to tenants), and future garage/parking income. Located in historic Bristol Borough, a booming market nationally recognized as the "2017 Small Business Revolution" winner, the building is just a few steps to Mill Street and all the best dining, shopping, and entertainment options. Within walking distance to the Bristol Train Station, regional rail service provides an easy commute to Central/Northern NJ, Philadelphia, and many suburban employment hubs. Additionally, direct access to I-95, I-276 (PA Turnpike), and I-295 make the area a prime location.
1002107236
Fourplex, Other
BUCKS
1860
0.17 Acres
Gas Water Heater, Public Water Service
Brick
Public Sewer
School Rating Out of 10
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Walk Score measures the walkability of any address, Transit Score measures access to public transit on a scale of 1-100.

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Courtesy: SVN-Ahia Commercial Real Estat
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