152 N MAIN Street
Property Description
Prime investment opportunity in the heart of Chalfont Borough! Welcome to 152/154 N. Main Street, a welllocated fully rented duplex within walking distance to the train station, post office, restaurants, and local amenities-an ideal setup for longterm tenant demand. The property has been consistently operated as a rental and features longterm tenants in both units, providing immediate income potential. The firstfloor unit offers two spacious bedrooms, one full bathroom, an eatin kitchen, living room, basement access with laundry, and a private rear paver patio-a desirable feature for tenant retention. The secondfloor unit includes a large primary bedroom, a wellsized second bedroom with inunit laundry, one full bathroom, kitchen, living room, and an additional upper level with two large bonus rooms, adding flexibility for increased rental value or alternative use. Tenants may be willing to remain, allowing a new owner to step into an established incomeproducing property. Per existing leases, 30 days' notice is required to vacate, offering flexibility for future repositioning or owner occupancy. This property presents multiple exit strategies: continue as a buyandhold rental, increase rents over time, or occupy one unit while generating income from the other. Strong location, proven rental history, and versatile layout make this a compelling addition to any investment portfolio.Broker Details
Iron Valley Real Estate Doylestown (267) 703-5050
MLS ID: 3185043 State License Number: RS325612
Key Property Information
| Listing Status: | Under Contract |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | 2-4 Units |
| Price: | $510,000 |
| No. of Units: | 2 |
| Year Built: | 1920 |
| Lot Size: | 2,093.00 Sq ft |
| Opportunity Zone: | No |
| Price per unit: | $255,000 |
| Property Website | Click Here |
| Number of Bedrooms: | 0 |
| Number of Bathrooms: | 0 |
ID: 3yd-TRENDPA-PABU2116248
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