491 Prospect Road

Warminster, PA 18974

$1,300,000
Price
8
Beds
4
Baths
1,000 Sq. Ft.
$1,300 / Sq. Ft.
1,000
Sq. Ft.
$1,300
per Sq. Ft.

Description

Sale includes two duplexes 491 Prospect Road AND 506/508 3rd Ave - Must be sold together as they are on one parcel. Incredible investment opportunity that you won't want to miss out on! 491 A and B have been renovated in the last year - both tenant occupied. 506/508 3rd Ave both occupied. These duplexes feature large basements and yard space, as well as paved driveways with street parking available. 506/508 is oil heat - Landlord pays. Surrounding duplexes are also available! Check out 514 -524 Prospect...Sale includes two duplexes 491 Prospect Road AND 506/508 3rd Ave - Must be sold together as they are on one parcel. Incredible investment opportunity that you won't want to miss out on! 491 A and B have been renovated in the last year - both tenant occupied. 506/508 3rd Ave both occupied. These duplexes feature large basements and yard space, as well as paved driveways with street parking available. 506/508 is oil heat - Landlord pays. Surrounding duplexes are also available! Check out 514 -524 Prospect Road (2 duplexes that must be sold together as they are on parcel) and the duplex at 499 Prospect Road! Must contact listing agent directly to schedule showings with at least 24 hour notice. Owner RE licensee.
  1. Listed by Eleanor Studley • Walter Studley Real Estate Sales Corp
    P: 2156720350 eleanor7studley@gmail.com

Property Details for 491 Prospect Road

Tax ID Number
49-014-115
Ownership
Fee Simple
Structure Type
Twin/Semi-Detached
Style
Colonial
Waterfront
No
Garage
No
Subdivision
SPEEDWAY
Subdivision
SPEEDWAY (BUCKS PA)

Location

Listing Courtesy of Walter Studley Real Estate Sales Corp
Add your commute
LISTING UPDATED: 03/21/2024 05:10 PM

Property Details for 491 Prospect Road

StatusActive
MLS #PABU2060442
Days on Market149
Taxes$9,115 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family / Fee Simple
Year Built1959
Lot Size0.37 AC / 16,117 SF
CountyBucks County

Location

Listing Courtesy of Walter Studley Real Estate Sales Corp
Add your commute

Building Information for 491 Prospect Road

Stories-Residences4Year Built1959Building Size-Lot Size0.37 AC / 16,117 SF

Payment Calculator

$7,854 per month

30 year fixed, 7.25% Interest

Principal and Interest

$7,095

Property Taxes

$760

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 491 Prospect Road

Location
Location
  • School District Name: CENTENNIAL
  • School District County ID: 300200397326
  • SchoolDistrictSource: Listing Agent
  • High School: WILLIAM TENNENT (BUCKS PA)
  • County: BUCKS
  • MLS Area: Warminster Twp (10149)
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: 2022
  • Tax Assessed Value: $43,600
  • Year Assessed: 2023
  • County Tax: $1,109
  • Improvement Assessed Value: $39,520
  • City Town Tax: $1,049
  • Land Assessed Value: $4,080
  • Clean Green Assessed: No
  • Municipal Trash: Yes
  • Land Use Code: 1012
  • Zoning: R3
  • Tax Lot: 115
  • School Tax: $6,956
  • Automatically Update Tax Values Y/N: Yes
Lease Information
Lease Information
  • Owner Pays: Insurance, Sewer, Water, Heat
Unit Information
Unit Information
  • Single Room Units Count: 0
  • One Bedroom Units Count: 0
  • Two Bedroom Units Count: 4
  • Three Bedroom Units Count: 0
  • Other Units: Unit 1,Unit 2,Unit 4,Unit 3
  • Units Leased Count: 4
  • Number Of Units Vacant: 0
  • Number Of Units Month To Month: 2
Multi Family
Unit 1
  • Type: Unit 1
  • Unit Type Occupied YN: Yes
  • Level: 1
  • Unit Type Lease Type: Yearly
  • Beds Total: 2
  • Full Baths Count: 1
  • Unit Type Features: 491 A Prospect Road
Unit 2
  • Type: Unit 2
  • Unit Type Occupied YN: No
  • Level: 2
  • Unit Type Lease Type: Yearly
  • Beds Total: 2
  • Full Baths Count: 1
  • Unit Type Features: 491 B Prospect Road
Unit 3
  • Type: Unit 3
  • Level: 1
  • Unit Type Lease Type: Month to Month
  • Beds Total: 2
  • Full Baths Count: 1
  • Unit Type Features: 506 3rd Ave
Unit 4
  • Type: Unit 4
  • Unit Type Occupied YN: Yes
  • Level: 2
  • Unit Type Lease Type: Month to Month
  • Beds Total: 2
  • Full Baths Count: 1
  • Unit Type Features: 508 3rd Ave
Financial Information
Financial Information
  • Annual Rental Income: $92,400
  • Existing Lease Type: Month to Month, Yearly
Building Info
Building Info
  • Year Major Reno Remodel: 2023
  • Building Level Count: 2
Lot / Land Information
Lot / Land Information
  • Lot Size Source: Estimated
  • Lot Size Dimensions: 60.00 x 266.00
  • Lot Dimensions Source: Assessor
  • Parcel ID: 196466
Parking
Parking
  • Type Of Parking: Driveway, On Street
Interior Features
Interior Features
  • Interior Features: Kitchen - Eat-In
  • Fireplace: No
  • Appliances: Range Hood, Refrigerator, Freezer, Built-In Microwave, Washer, Dryer
  • Accessibility Features: None
Exterior Features
Exterior Features
  • Pool: No Pool
  • Other Structures: Above Grade, Below Grade
Utilities
Utilities
  • Heating: Yes
  • Cooling Type: Central A/C
  • Cooling Fuel: Electric
  • Heating Type: 90% Forced Air
  • Heating Fuel: Electric, Oil
  • Hot Water: Electric
  • Water Source: Public
  • Sewer Septic: Public Sewer

Property History for 491 Prospect Road

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 491 Prospect Road

Taxable ValueLand$4,080Additions$39,520Total$43,600
Tax Record2024$9,202 ($767 / month)
Home Facts
Baths4Total Finished SqFt2,184 SqFtAbove Grade Finished SqFt2,184 SqFtStories2Lot Size15,960 SqFtStyleDuplexYear Built1959ZoningR3CountyBUCKSAPN49-014-115

Schools near 491 Prospect Road

This home is within Centennial School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Private - 7 to 12
Rating
School
Distance
Willow Dale El School
PublicK to 5

Log College Middle School
Public6 to 8

William Tennent High School
Public9 to 12

Delaware Valley High School
Private7 to 12

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.

Similar Homes

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Similar Sold Homes

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491 Prospect Road is a multi-family home for sale in Warminster, PA 18974. This property was listed for sale on December 1, 2023 by Walter Studley Real Estate Sales Corp, it's currently listed at $1,300,000. It has been on the market for a total of 149 days and was last sold on April 29, 2021. This listing's school district is Centennial School District. Nearby schools include Willow Dale El School, Log College Middle School and William Tennent High School. 491 Prospect Road is a 8-bed, 4-bath, 1,000 sqft multi-family home built in 1959.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Walter Studley Real Estate Sales Corp

Based on information from one of the following Multiple Listing Services: BRIGHT, Greator Scranton Board 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, Greator Scranton Board 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.