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$424,909Estimated home value

Beds
6
Baths
4.5
sq ft
2,789

423 N Pennsylvania Ave, Morrisville, PA 19067

423 N Pennsylvania Ave

MORRISVILLE, PA 19067

  • Off market
    • Price drop $100,000↓
Investor Opportunity: Unique Mixed-Use Property with Immediate Cash Flow! Seize this rare opportunity to live in and run your business from a single-family home converted into a medical office space. Located on a busy road with excellent signage, this property offers a unique blend of residential comfort and business potential. Property Highlights: Dual Purpose: Residential home with a business variance Lobby/reception area with desk Individual medical offices Powder room Modern Amenities: Brand new kitchen with vinyl plank flooring Stainless steel appliances Recessed lighting Space Galore: 6 bedrooms Additional office space 4 bathrooms Additional Features: Full unfinished basement Two-car detached garage Flexible Use: Live and work on the same property or convert back to a traditional single-family home. You can also rent the front office space while residing in the back and upstairs, with township approval. Accessibility: Handicap accessible ramp made of Trex decking and access through a rear alleyway. Location Benefits: Convenient access to I-95, Route 1, Trenton, and the Delaware River Close proximity to shops, restaurants, and the canal path This property is a must-see for investors looking for immediate cash flow and endless possibilities. Don't miss out on this exceptional opportunity! Contact me today to schedule a viewing.

Details

Property type

Single Family Residence

Est. home value

$424,909

Lot size

6,750 sq ft

Price per sq ft

$198

Year built

1923

Annual property taxes

$7,027

HOA

No

Price History

09/09/2024
Bright

Bright #PABU2074812

Removed
$550,000
08/12/2024
Bright

Bright #PABU2074812

Price change
$550,000
-15.38%
07/10/2024
Bright

Bright #PABU2074812

Listed
$650,000
+103.76%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

MORRISVILLE BOROUGH

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Univest Bank & Trust Co

Loan start date

September 2022

Original loan amount

$239,250

Est. remaining balance

Not provided

Interest rate

5.25%

Loan type

New Conventional, 30 year

Seller

Jean Augustin

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Off Market

Tomo last checked: 11/03/2024 at 8:45 AM

Listing updated: 08/14/2024 at 5:05 AM

Listed by: Nicole Williams, Opus Elite Real Estate Phone #: (215) 395-6277

MLS: Bright #PABU2074812

Bright logo

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