1131 Branch Road

Closed 12/17/14
Closed 12/17/14
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Last Sold Price
$219,400
2 beds2 baths1,552 sqft$141/sqft
1131 Branch Rd, Perkasie, PA 18944

Description

Incredible Investment Opportunity! Three Buildings, Four total units, long term tenants- All currently leased! Property includes a Duplex Farmhouse with two, 1 bedroom, 1 bath apartments. First floor includes a covered porch, spacious eat-in kitchen, living room, bedroom and full bathroom. 2nd floor has an eat-in kitchen w/ brand new refrigerator, access to floored attic, living room, bedroom and computer area. Shared use of basement with Washer/Dryer (included). Separate oil burners and oil tanks....Incredible Investment Opportunity! Three Buildings, Four total units, long term tenants- All currently leased! Property includes a Duplex Farmhouse with two, 1 bedroom, 1 bath apartments. First floor includes a covered porch, spacious eat-in kitchen, living room, bedroom and full bathroom. 2nd floor has an eat-in kitchen w/ brand new refrigerator, access to floored attic, living room, bedroom and computer area. Shared use of basement with Washer/Dryer (included). Separate oil burners and oil tanks. 3 bay garage w/ floored second floor is currently under priced and could easily bring $200 + per month (approx). Extra large, solid stone barn with electricity currently underpriced as well and could easily bring $500 per month (approx). Total potential Gross income could be $24,900! Great location close to Perkasie Borough, great rental history! Buy as an investor or as an owner occupant, live in one apartment and lease the other units.
LISTING CLOSED: 12/17/2014 12:00 AM

  1. Listed by Thomas E. Skiffington • RE/MAX 440 - Perkasie
    P: (215) 453-7653 tskiffington@remax.net

Property Details for 1131 Branch Road

Status
Closed
MLS #
1004569820
Days on Market
1098
Taxes
$4,096 / year
HOA Fees
-
Condo/Co-op Fees
-
Property Type
Multi Family
MLS Type
Multi-Family / Fee Simple
Year Built
1900
Lot Size
0.81 AC / 35,228 SF
County
Bucks County
Tax ID Number
PART OF 12-014-049-001
Ownership
Fee Simple
Condo Coop Association
No
HOA
No
Structure Type
Other
Style
Other
Waterfront
No
Garage
Yes
Subdivision
NONE AVAILABLE
Subdivision
NONE AVAILABLE (BUCKS PA)
Cross Street
BLOOMING GLEN
Municipality
EAST ROCKHILL TWP
Total Parking Spaces
12
Central Air
No
Basement
Yes
Above Grade Finished SQFT
1,552.00
Above Grade Fin SQFT Source
Estimated
New Construction
No
Construction Completed
No
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Location

Listing Courtesy of RE/MAX 440 - Perkasie

Sold By RE/MAX 440 - Perkasie

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Building Information for 1131 Branch Road

Stories-Residences-Year Built1900Building Size-Lot Size0.81 AC / 35,228 SF

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$1,115

Property Taxes

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Property Information for 1131 Branch Road

Location
Location
  • School District Name: PENNRIDGE
  • School District County ID: 300200397141
  • High School: PENNRIDGE (BUCKS PA)
  • County: BUCKS
  • MLS Area: East Rockhill Twp (10112)
Waterfront / Water Access
Waterfront / Water Access
  • Water View: No
  • Water Access: No
  • Water Oriented: No
  • Navigable Water: No
  • Tidal Water: No
  • Riparian Rights Y/N: No
Taxes and Assessment
Taxes and Assessment
  • Tax Year: 2014
  • Tax Assessed Value: $25,450
  • Improvement Assessed Value: $19,150
  • Land Assessed Value: $6,300
  • Land Use Code: 1018
  • Zoning: S
  • Tax Lot: 049-001
Lease Information
Lease Information
  • Concessions: No
Unit Information
Unit Information
  • One Bedroom Units Count: 2
  • Other Units: Unit 1,Unit 2,Unit 4,Unit 3
Rooms
Rooms
  • Room List: Primary Bedroom
Multi Family
Unit 1
  • Type: Unit 1
  • Unit Type Occupied YN: Yes
  • Unit Type Finished SQFT: 600
  • Beds Total: 1
  • Half Baths Count: 0
  • Full Baths Count: 1
  • Unit Type Baths Total: 1
  • Unit Type Features: MONTH/MONTH
  • Total Rooms: 3
Unit 2
  • Type: Unit 2
  • Unit Type Occupied YN: Yes
  • Unit Type Finished SQFT: 600
  • Beds Total: 1
  • Half Baths Count: 0
  • Full Baths Count: 1
  • Unit Type Baths Total: 1
  • Unit Type Features: 9/30/2012
  • Total Rooms: 4
Unit 3
  • Type: Unit 3
  • Unit Type Occupied YN: Yes
  • Beds Total: 0
  • Half Baths Count: 0
  • Full Baths Count: 0
  • Unit Type Features: MONTH/MONTH
Unit 4
  • Type: Unit 4
  • Unit Type Occupied YN: Yes
  • Beds Total: 0
  • Half Baths Count: 0
  • Full Baths Count: 0
  • Unit Type Features: MONTH/MONTH
Financial Information
Expenses
  • Annual Gross Expense: $3,903
Financial Information
  • Gross Income: $18,300
Building Info
Building Info
  • Total Finished SQFT: 1,552.00
  • Total SQFT: 1,552.00
Lot / Land Information
Lot / Land Information
  • Lot Size Dimensions: IRREG
  • Sign On Property: Yes
  • Parcel ID: 62068
Parking
Parking
  • Type Of Parking: Detached Garage
  • Num of Detached Garage Spaces: 4
  • Total Garage Spaces: 4
  • Total Non-Garage Parking Spaces: 8
Interior Features
Interior Features
  • Fireplace: No
  • Accessibility Features: None
Exterior Features
Exterior Features
  • Exterior Features: Sidewalks
  • Pool: No Pool
  • Other Structures: Above Grade
Utilities
Utilities
  • Heating: Yes
  • Cooling Type: None
  • Heating Type: Oil
  • Heating Fuel: Oil
  • Hot Water: Oil
  • Water Source: Public
  • Sewer Septic: Public Sewer
Confidential Data
Listing Office
  • List Agent AOR: Tri-County Suburban REALTORS

Property History for 1131 Branch Road

DateEvent & SourcePriceAppreciation
Dec 17, 2014

Closed (Public Record)

Public Record #484877974

$219,440

+47.4% / yr

Dec 17, 2014

Closed

BRIGHT #1004569820

$219,400—
Nov 10, 2014

Pending

BRIGHT #1004569820

—
DateEvent & SourcePrice
12/17/2014

Closed (Public Record)

Public Record #484877974

$219,440

+47.4% / yr

12/17/2014

Closed

BRIGHT #1004569820

$219,400
11/10/2014

Pending

BRIGHT #1004569820

—

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 1131 Branch Road

Taxable ValueLand$6,300Additions$19,150Total$25,450
Tax Record2026$4,634 ($386 / month)
Home Facts
Beds3Baths2Total Finished SqFt1,552 SqFtAbove Grade Finished SqFt1,552 SqFtStories2Lot Size35,196 SqFtStyleMiscellaneous ResidentialYear Built1900ZoningSCountyBUCKSAPN12-014-049-001

Schools near 1131 Branch Road

This home is within Pennridge School District.
Rating
School
Type
Grades
Distance
Patricia A Guth El School
Public - K to 5
Pennridge North Middle School
Public - 6 to 8
Pennridge High School
Public - 9 to 12
Deibler El School
Public - K to 5
Rating
School
Distance
Patricia A Guth El School
PublicK to 5

Pennridge North Middle School
Public6 to 8

Pennridge High School
Public9 to 12

Deibler El School
PublicK to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Nearby home values

AddressSold priceBedsBathsSqftLot (Sqft)
This home: 1131 Branch Road, Perkasie, PA 18944
$219,400
2
2
1,552
35,228
1131 Branch Road, Unit LOT #2, Perkasie, PA 18944
$64,000
–
–
–
0
1133 Branch Road, Perkasie, PA 18944
–
2
2,247
60,331
2 Firethorn Drive, Perkasie, PA 18944
$390,000
4
2,800
17,045
1 Firethorn Drive, Perkasie, PA 18944
–
4
2,810
11,674
3 Firethorn Drive, Perkasie, PA 18944
$410,000
4
2,310
14,634

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Listing Courtesy of RE/MAX 440 - Perkasie

Based on information from one of the following Multiple Listing Services: BRIGHT, Greater LeHigh Valley Regional MLS, Greator Scranton Board of REALTORS® and Pocono Mountains Association of REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by BRIGHT, Greater LeHigh Valley Regional MLS, Greator Scranton Board of REALTORS® and Pocono Mountains Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.