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40 Union Street

MORRISVILLE, PA 19067
  • $750,000
  • STATUS: Active Under Contract
  • ON SITE: 40 Days
  • ID#: PABU2085292
Under Contract
$750,000
  • 0
    BEDS
  • 0.17
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 3,963
    SQFT
  • $189
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1921
County:

School Ratings & Info

School District:

Description

CALLING ALL INVESTORS! Take advantage of this RARE opportunity to own a Quadruplex in the heart of historic Morrisville Boro with OFF STREET PARKING and an 8% CAP RATE! Ideally located within walking distance to a variety of restaurants and shopping AND Williamson Park this home caters to the interests of all! This home boasts 4 separate rental units: (3) very large one-bedroom units and (1) two-bedroom unit. Unit 1 is a ground floor unit with updated galley kitchen, upgraded countertops, tile backsplash and built in microwave. This spacious unit includes a living and dining room AND a bonus family room surrounded with large windows to allow for radiant sunshine. A full bathroom with updated vanity and stall shower completes this unit. Currently tenant occupied at $1550. Unit 2 is also a ground floor unit and is currently tenant occupied at $1450. This unit provides a spacious living room, eat-in kitchen, separate bedroom and a full bathroom with stall shower. Unit 3 is located upstairs and is also currently tenant occupied at $1450. This unit features ample living space, a spacious bedroom, full kitchen, bathroom & den. Unit 4 offers two levels of living space and is currently listed for rent for $1900. Located on the 2nd floor, featuring an eat in kitchen, full bathroom, spacious living room and BONUS sunroom on the main floor. And an upstairs 3rd floor level with two spacious bedrooms. All units have a washer/dryer AND access to the shared crawlspace in the basement which tenants can utilize for additional storage needs. A parking lot is conveniently located in the back for resident parking! Located near Route 1, I 295 AND Trenton Mercer Airport, Trenton Transit Center (with Amtrak access), and Yardley Station for easy commuting and close to a variety of shopping and restaurants. Dont miss your opportunity to see this fantastic investment property today! **Seller is also including a one year home warranty to the future buyer**

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©2025 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or Eric Askew | RE/MAX Experience. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2025-02-17T23:51:04.49.
www.ericaskewhomes.com/homes/159286418
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40 Union Street MORRISVILLE, PA 19067

  • Price: $750,000
  • Status: Active Under Contract
  • On Site: 40 Days
  • ID#: PABU2085292
0
Beds
0
Baths
0
½ Baths
0.17
Acres
3,963
SQFT
$189
$/SQFT
1921
Built
Neighborhood:
Union Square
County:
Bucks
Area:
Morrisville Boro (10124)
School District:
Morrisville Borough
Property Description
CALLING ALL INVESTORS! Take advantage of this RARE opportunity to own a Quadruplex in the heart of historic Morrisville Boro with OFF STREET PARKING and an 8% CAP RATE! Ideally located within walking distance to a variety of restaurants and shopping AND Williamson Park this home caters to the interests of all! This home boasts 4 separate rental units: (3) very large one-bedroom units and (1) two-bedroom unit. Unit 1 is a ground floor unit with updated galley kitchen, upgraded countertops, tile backsplash and built in microwave. This spacious unit includes a living and dining room AND a bonus family room surrounded with large windows to allow for radiant sunshine. A full bathroom with updated vanity and stall shower completes this unit. Currently tenant occupied at $1550. Unit 2 is also a ground floor unit and is currently tenant occupied at $1450. This unit provides a spacious living room, eat-in kitchen, separate bedroom and a full bathroom with stall shower. Unit 3 is located upstairs and is also currently tenant occupied at $1450. This unit features ample living space, a spacious bedroom, full kitchen, bathroom & den. Unit 4 offers two levels of living space and is currently listed for rent for $1900. Located on the 2nd floor, featuring an eat in kitchen, full bathroom, spacious living room and BONUS sunroom on the main floor. And an upstairs 3rd floor level with two spacious bedrooms. All units have a washer/dryer AND access to the shared crawlspace in the basement which tenants can utilize for additional storage needs. A parking lot is conveniently located in the back for resident parking! Located near Route 1, I 295 AND Trenton Mercer Airport, Trenton Transit Center (with Amtrak access), and Yardley Station for easy commuting and close to a variety of shopping and restaurants. Dont miss your opportunity to see this fantastic investment property today! **Seller is also including a one year home warranty to the future buyer**
Exterior Features

Architectural Style Other Construction Materials Vinyl Siding Garage YN No Parking Types Parking Lot Pool No Pool Water Access YN No Water View YN No Waterfront YN No

Interior Features

Above Grade Fin SQFT 3963 Appliances Built-In MicrowaveDryerRefrigeratorWasherDishwasher Basement Partial Basement YN Yes Below Grade Finished Area 0 Below Grade Unfinished Area 0 Cooling Window Unit(s) Fireplace YN No Heating Forced AirBaseboard - Electric Heating YN Yes Inclusions One Year Home Warranty included from Armadillo Home Warranty Interior Features Bathroom - Stall ShowerCeiling Fan(s)Crown MoldingsDining AreaFamily Room Off KitchenKitchen - Eat-InKitchen - Galley Single Room Units 0 Three Bedroom Units 0 Two Bedroom Units 1

Property Features

Acceptable Financing CashConventional Accessibility Features None Central Air YN No Cooling Fuel Electric Cross Street CENTRE ST. Electric Circuit Breakers Gross Income 76200.00 Heating Fuel ElectricNatural Gas Hot Water Natural Gas Insurance Expense 2800.00 Municipality MORRISVILLE BORO Navigable Water YN N Net Operating Income 66569.00 New Construction YN No Number Of Units Leased 4 Number Of Units Total 4 Operating Expense 9631.00 Original MLSNumber 803548451768 Ownership Interest Fee Simple Property Sub Type Quadruplex Sale Type Standard Sewer Public Sewer Structure Design Type Other Tax Annual Amount 6231.00 Tax Lot 068 Total Actual Rent 6350.00 Transportation Airport less than 10 milesCommuter Rail Station 1 to 5 miles Vacation Rental YN No Water Source Public Zoning R2A

Listing courtesy of Keller Williams Real Estate-Langhorne: .


©2025 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or Eric Askew | RE/MAX Experience. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2025-02-17T23:51:04.49.
 
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