$635,000
$695,000
8.6%For more information regarding the value of a property, please contact us for a free consultation.
344 S BELLEVUE AVE Langhorne, PA 19047
9 Beds
3 Baths
3,866 SqFt
Key Details
Sold Price $635,000
Property Type Single Family Home
Sub Type Detached
Listing Status Sold
Purchase Type For Sale
Square Footage 3,866 sqft
Price per Sqft $164
Subdivision None Available
MLS Listing ID PABU487086
Sold Date 07/03/20
Style Victorian
Bedrooms 9
Full Baths 2
Half Baths 1
HOA Y/N N
Abv Grd Liv Area 3,866
Originating Board BRIGHT
Year Built 1889
Annual Tax Amount $10,544
Tax Year 2020
Lot Size 0.770 Acres
Acres 0.77
Lot Dimensions 200 by 167/168
Property Description
A quaint endearing large Victorian house located in the heart of Langhorne Boro. This treasure of a home boasts of charm, location and visibility. Upon entering from the welcoming porch, you can see the fine wood detail and the two gas burning fireplaces. The home is illuminated with an abundance of natural light throughout. Rooms are accentuated with a neutral palate and charismatic original hardwood floors. So many possibilities as to how to develop this property. It could be converted back into a residential home on the first 2 floors containing a large foyer, living room, dining room, kitchen, bathroom, laundry room, large storage room and a play room or bedroom on the first floor and 3 bedrooms, a bathroom and a large walk in closet on the 2nd floor. Or both floors could be used for multiple professional offices. FIRST FLOOR is presently used as a Lawyers Offices. It has a full kitchen, bathroom and two fireplaces. It is rented at $2900/month to the current owner. We feel that it could easily be rented for $2000 per month as an office or converted to a first floor apartment renting for approximately $2500 per month. SECOND FLOOR was rented previously for $1600/month to a financial advisor. It also can be converted to a second floor apartment with a bath, small kitchen living room/dining area and 2 bedrooms or a separate dining room with 1 bedroom at approximately $2,000 per month. THIRD FLOOR is rented at $700/week to 5 people, producing $3,000 monthly income. The 3rd Floor has five bedrooms and they share a newly remodeled kitchen and bathroom. Excellent rental history for the third floor . AT $695,000 CAP = 10%. There is parking for over 10 cars. Home also includes an additional large lot. R2 Zoning would allow for an additional home to be built once the lot is subdivided (would need Borough approval).This would be an excellent property for investors or a builder who could subdivide creating a lot with an estimated value of $150,000. In addition, the residence could be purchased and converted back to a home with the 3rd floor producing $3,000 of income per month. Obviously this property affords countless opportunities.
Location
State PA
County Bucks
Area Langhorne Boro (10118)
Zoning R2
Rooms
Other Rooms Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5, Kitchen, Foyer, Bedroom 1, Other, Office, Storage Room, Bathroom 1
Basement Full
Main Level Bedrooms 1
Interior
Heating Radiator
Cooling Central A/C, Window Unit(s)
Heat Source Natural Gas
Exterior
Water Access N
Accessibility None
Garage N
Building
Lot Description Additional Lot(s)
Story 3
Sewer Public Sewer
Water Public
Architectural Style Victorian
Level or Stories 3
Additional Building Above Grade, Below Grade
New Construction N
Schools
School District Neshaminy
Others
Senior Community No
Tax ID 18-003-112-002
Ownership Fee Simple
SqFt Source Assessor
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash,Conventional
Special Listing Condition Standard
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