Description
Incredible opportunity in Bristol Borough to own 3 commercial storefronts with 3 apartments above. The commercial spaces are currently occupied by 2 long term tenants. There is a barber shop that occupies 2 of the storefronts for $1,250/month and is currently on a month-to-month lease. The other storefront is a hair braider paying $650/month and is also on a month-to-month lease. The 3 apartments above are nice sized, 1-bedroom units with large living rooms, kitchen, bathroom and 1 bedroom. All 3 of the apartments are rented. 800 is on month-to-month lease with long term tenants paying $750/month, 802 is newly renovated and on a year lease ending 3/31/2023 paying $950/month and 804 is on month-to-month lease with long term tenants paying $675/month. The apartments & storefronts each have their own heaters and are metered separately for electric & gas. All occupants are great, long-term tenants and thus the rents are under market value. Additional features are newer heaters in each of the units, newer water heaters, updated electric, new roof in 2017 with a 20-year guarantee and the list could go on. Conveniently located within historic Bristol Borough only a few minutes from I-95, high speed train lines to Philadelphia & New York, bus stop to all major arteries within Bucks County is only steps away, the turnpike and Rte. 13.
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01/2 BATHS
Description
Incredible opportunity in Bristol Borough to own 3 commercial storefronts with 3 apartments above. The commercial spaces are currently occupied by 2 long term tenants. There is a barber shop that occupies 2 of the storefronts for $1,250/month and is currently on a month-to-month lease. The other storefront is a hair braider paying $650/month and is also on a month-to-month lease. The 3 apartments above are nice sized, 1-bedroom units with large living rooms, kitchen, bathroom and 1 bedroom. All 3 of the apartments are rented. 800 is on month-to-month lease with long term tenants paying $750/month, 802 is newly renovated and on a year lease ending 3/31/2023 paying $950/month and 804 is on month-to-month lease with long term tenants paying $675/month. The apartments & storefronts each have their own heaters and are metered separately for electric & gas. All occupants are great, long-term tenants and thus the rents are under market value. Additional features are newer heaters in each of the units, newer water heaters, updated electric, new roof in 2017 with a 20-year guarantee and the list could go on. Conveniently located within historic Bristol Borough only a few minutes from I-95, high speed train lines to Philadelphia & New York, bus stop to all major arteries within Bucks County is only steps away, the turnpike and Rte. 13.
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