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Multifamily / Mixed-Use Property

Listing was updated at: 06/04/2019
Multifamily / Mixed-Use Property Multifamily / Mixed-Use Property Multifamily / Mixed-Use Property

Property Overview

Price/Rent PSF $ 695,000.00
Asset Type Multifamily
Trade Type Sale
SQ. FT. Available 6,687
Date Available 05/22/2019
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Description

Location
Property is located just off Business 202 / E. Butler Avenue in the redeveloping section of New Britain Borough near the intersection fo Business 202 and Shady Retreat Road. This property and the surrounding area have been given a Mixed Use Overlay to encourage redevelopment. New developments include The Gatherings at University Village and other mixed-use projects.

Sale
Location, value, opportunity! Multi-building / multi-family investment property just south of historic Doylestown Boro, off of Route 202. Impeccably restored 3 building complex that includes two beautifully renovated dwellings and a large warehouse. Each building has been meticulously decorated and updated, including cable networking, security and lighting. A welcoming and productive environment for residential or professional use. MUO zoning allows for residential or commercial use and space is well-designed to accommodate either. Main building has first floor unit that works well as office space or could be easily converted to one bedroom apartment. The second and third floor contain a lovely two-story, 3 bedroom apartment with eat-in kitchen, living room, sun room, 2 full bathrooms and small home office. There is a large deck overlooking the courtyard. A separate building nestled in the back corner of the property is suitable for a two-bedroom home or a small office building, with full kitchen, bathroom, and sliding doors opening to a deck. The 2,000 sq. ft. warehouse has been renovated with new climate control, lighting, ceiling fans, automatic bay door, and more. All spaces currently rented. Owner is a licensed PA Realtor.

Location

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