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43 W FERRY ST New Hope, PA 18938
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Key Details
Sold Price $775,000
Property Type Multi-Family
Sub Type Detached
Listing Status Sold
Purchase Type For Sale
Square Footage 1,194 sqft
Price per Sqft $649
MLS Listing ID PABU2021282
Sold Date 04/27/22
Style Other,Unit/Flat,Traditional
Abv Grd Liv Area 1,194
Originating Board BRIGHT
Year Built 1800
Annual Tax Amount $4,657
Tax Year 2022
Lot Size 1,254 Sqft
Acres 0.03
Lot Dimensions 19.00 x 66.00
Property Sub-Type Detached
Property Description
In the heart of New Hope Borough, sits 43 West Ferry Street. This Village "Row" house has been renovated into 3 apartments. This desirable location, within walking distance to restaurants, the playhouse, galleries and the River, allows apartment seekers a great opportunity. The building has newly renovated kitchens, roof, painting to name a few. The home backs to the Aquetong Creek, which flows throughout the Borough, is the perfect site for lounge chairs and star gazing. This investment property will only grow in value as evidenced by the tremendous growth in Town.
Descriptions of units...
Apartment A (Top floor - entry is on the side)
One Bedroom - Separate living room and kitchen as well, washer and dryer, dishwasher. Fantastic Light, Small bath.
Rent - $1355 / month. Single person - 3rd year of his lease with us. Fantastic tenant.
Apartment B (Front, Ground-level - Entry is in front, on Ferry)
One bedroom, separate living room, kitchen, and bedroom, washer and dryer, dishwasher
New kitchen cabinets, stove, microhood.
Tall ceilings, views of Aquetong Creek from bedroom windows and Ferry Street from the living room.
Rent - $1700 / month. New Single Tenant who just renewed for an additional 6 months. Also a fantastic tenant.
Apartment C (Bottom floor, accessed at bottom of staircase alongside bridge)
Small apartment, with separate bedroom area.
Newer kitchen, new pergo, washer and dryer, new range.
Has a backyard of the Aquetong Creek
Was rented for $1750, tenant just vacated, Listed 2 days ago at $1850 by the owners.
Utilities are electric and completely separate.
Total monthly rent roll - $4555.
Annual - $54660 (Rents when the owners purchased it three years ago, were about $35,000).
Taxes About $4K
Insurance About $3K
***Special Note: All showings will require at least 24 hours notice .
Location
State PA
County Bucks
Area New Hope Boro (10127)
Zoning CC
Interior
Hot Water Electric
Heating Heat Pump - Electric BackUp
Cooling Window Unit(s)
Fireplaces Number 1
Heat Source Electric
Exterior
Water Access N
Accessibility None
Garage N
Building
Foundation Concrete Perimeter
Sewer Public Sewer
Water Public
Architectural Style Other, Unit/Flat, Traditional
Additional Building Above Grade, Below Grade
New Construction N
Schools
School District New Hope-Solebury
Others
Tax ID 27-010-069-001
Ownership Fee Simple
SqFt Source Assessor
Special Listing Condition Standard
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Bought with James Maroldi • River Valley Properties
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