Address: 250 S State St, Newtown, PA 18940, USA
Created date: November 14, 2024
Date last updated: November 26, 2024
- 3,991 SF building with 5 units
- Convenient access to I-95, Route 1, and the PA Turnpike
- Zoned VC
- Located in the desirable Newtown Borough
- 100% occupancy for immediate income
- Strong rental history for stable cash flow
- Spacious units appeal to renters
- Well-maintained property with curb appeal
Property Description
A fully renovated 5-unit apartment building, perfectly situated in the heart of Newtown Borough. Each of the five units is a spacious one-bedroom. Major updates completed in 2017 to enhance both the utilities and interior finishes. The lower level was transformed, now offering dedicated storage, laundry facilities, upgraded furnaces, new electrical panels, and modern hot water systems. Common areas feature upgraded lighting, fresh carpeting, new tiling, and a full repaint. Four of the five apartments boast new kitchens, bathrooms, lighting, HVAC, and hot water systems, complemented by refinished hardwood floors and updated paint throughout. The detached barn on the property is included in "AS-IS" condition.