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.
| MLS # | PABU2116248 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active Under Contract-bright |
| Year | 1920 |
| Days On Site | 187 |
| Listing Provided By | Iron Valley Real Estate Doylestown | Jonathan Baker |
| SQ Feet | 2,093 |
|---|---|
| Units | 2 |
| Zoning | R2 |
| Acreage | 0.24 |
| Cooling | Central A/C |
|---|---|
| Heating Yes / No | Yes |
| Heating | Hot Water |
| Construction Materials | Frame |
|---|---|
| Foundation Details | Concrete Perimeter |
| Garage Yes / No | No |
|---|
| Tax Annual Amount | 3295 |
|---|
| State | PA |
|---|---|
| County | BUCKS PA |
| City | CHALFONT |
| Zip Code | 18914 |
| Area | Chalfont Boro (10107) |
| School District | CENTRAL BUCKS |
| Listing VS Median (in 18914) | |
Price: $510,000 low | high Med: $630,000 sqft: 2,093 low | high Med: 2,212 $ / sqft: $244 low | high Med: $285 On site: 187 low | high Med: 142 | |
| State | PA |
|---|---|
| County | BUCKS PA |
| City | CHALFONT |
| Zip Code | 18914 |
| Area | Chalfont Boro (10107) |
| School District | CENTRAL BUCKS |
| Listing VS Median (in 18914) | |
Price: $510,000 low | high Med: $630,000 sqft: 2,093 low | high Med: 2,212 $ / sqft: $244 low | high Med: $285 On site: 187 low | high Med: 142 | |