Description

CALLING ALL INVESTORS! Take advantage of this RARE opportunity to own a Quadruplex in the heart of historic Morrisville Boro with OFF STREET PARKING and an 8% CAP RATE! Ideally located within walking distance to a variety of restaurants and shopping AND Williamson Park this home caters to the interests of all! This home boasts 4 separate rental units: (3) very large one-bedroom units and (1) two-bedroom unit. Unit 1 is a ground floor unit with updated galley kitchen, upgraded countertops, tile backsplash and built in microwave. This spacious unit includes a living and dining room AND a bonus family room surrounded with large windows to allow for radiant sunshine. A full bathroom with updated vanity and stall shower completes this unit. Currently tenant occupied at $1550. Unit 2 is also a ground floor unit and is currently tenant occupied at $1450. This unit provides a spacious living room, eat-in kitchen, separate bedroom and a full bathroom with stall shower. Unit 3 is located upstairs and is also currently tenant occupied at $1450. This unit features ample living space, a spacious bedroom, full kitchen, bathroom & den. Unit 4 offers two levels of living space and is currently listed for rent for $1900. Located on the 2nd floor, featuring an eat in kitchen, full bathroom, spacious living room and BONUS sunroom on the main floor. And an upstairs 3rd floor level with two spacious bedrooms. All units have a washer/dryer AND access to the shared crawlspace in the basement which tenants can utilize for additional storage needs. A parking lot is conveniently located in the back for resident parking! Located near Route 1, I 295 AND Trenton Mercer Airport, Trenton Transit Center (with Amtrak access), and Yardley Station for easy commuting and close to a variety of shopping and restaurants. Don’t miss your opportunity to see this fantastic investment property today! **Seller is also including a one year home warranty to the future buyer**