152 N Main St, Chalfont, PA 18914

$580,000
2,093
SqFt

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List Price
$580,000
Days on Market
130
Status
ACTIVE
MLS#
PABU2116248
Living Area
2,093
Lot Size (Acres)
0.24
Style
Victorian
Year Built
1920
County
Bucks
School District
Central Bucks

Property Description

Prime investment opportunity in the heart of Chalfont Borough! Welcome to 152/154 N. Main Street, a well‑located fully rented duplex within walking distance to the train station, post office, restaurants, and local amenities—an ideal setup for long‑term tenant demand. The property has been consistently operated as a rental and features long‑term tenants in both units, providing immediate income potential. The first‑floor unit offers two spacious bedrooms, one full bathroom, an eat‑in kitchen, living room, basement access with laundry, and a private rear paver patio—a desirable feature for tenant retention. The second‑floor unit includes a large primary bedroom, a well‑sized second bedroom with in‑unit 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 income‑producing 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 buy‑and‑hold 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.

Additional Information

Area
Chalfont Boro (10107)
Taxes
$3295
School District
Central Bucks
Fireplaces
1
Heating
Hot Water
Heating Fuel
Oil
Cooling
Central A/C
Water
Public
Sewer
Public Sewer

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Calculator source: Real Geeks

Listing courtesy of Iron Valley Real Estate Doylestown. Contact: (267) 703-5050