Council Rock Homes with Triplex Subtype

Council Rock Homes with Triplex Subtype

Welcome to the enchanting community of Newtown, Pennsylvania, nestled in the heart of Bucks County and proudly served by the esteemed Council Rock School District. Families seeking a vibrant and nurturing environment will find that Newtown not only offers beautiful homes but also an exceptional educational experience for children of all ages.

The Council Rock School District is renowned for its commitment to academic excellence, boasting a range of programs designed to meet the diverse needs of its students. With a reputation for high test scores, dedicated teachers, and a wide array of extracurricular activities, Council Rock is consistently recognized among the top school districts in the state. Parents can rest easy knowing their children are receiving a quality education in a supportive environment.

For those interested in unique living arrangements, Newtown features charming triplex homes that are perfect for families or individuals looking for a blend of comfort and community. These triplex properties offer an ideal solution for multi-generational living or investment opportunities, providing spacious layouts and modern amenities. Imagine enjoying the convenience of shared living while still maintaining your privacy in well-appointed residences that cater to your lifestyle needs.

Living in Newtown means you’re not only embracing a beautiful home but also becoming part of a vibrant community that values education, family, and connection. With its picturesque streets, local parks, and a host of nearby amenities, Newtown is the perfect place to plant your roots and watch your family thrive. Explore the charm of triplex living in this delightful town and discover why Newtown is a sought-after destination for families looking to call Bucks County home.

Newest Council Rock Homes with Triplex Subtype

1093 Durham Rd, Newtown
$650,000
PABU2131708 MLS ⋅ ACTIVE Status
Welcome to a unique investment opportunity featuring a three-unit residential property with a detached barn converted into retail space. The property offers a distinctive combination of residential rental income, additional commercial space, and value-add potential. The main building consists of three residential units. The first unit features 1 bedroom and 1 full bathroom. The second unit offers 3 bedrooms, 1 full bathroom, and a walk-up attic providing additional space. The third unit is a studio-style layout with 1 bedroom, 1 half bathroom, and a separate shower area. The residential units are currently occupied and generating rental income. The first and second-floor units are leased to the same tenant on a month-to-month basis at $2,850 per month. The tenant is also responsible for grass cutting and shrub trimming. The third unit is currently rented on a month-to-month basis for $1,300 per month. Combined residential rental income is currently $4,150 per month, or $49,800 annually, excluding any additional income from the retail space. In addition to the residential units, the property includes a detached barn that has been converted into retail space, providing an additional commercial component and potential income stream. The property is currently used as a nonconforming residential use. Buyers are encouraged to perform their own due diligence regarding zoning, permitted uses, property condition, leases, and any future use of the property. The property features timeless character and charm and presents an opportunity for an investor looking to renovate and update while preserving the property's unique character. The building does require TLC and updating, offering potential for improvements and increased value. With three residential units, established month-to-month tenancy, current rental income, additional retail space, and value-add potential, this property offers a unique investment opportunity.

1093 Durham Rd, Newtown

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