520 BRISTOL PIKE #36, Bensalem, PA 19020 – PABU2011594

$87,500

Est. payment -/mo

$87,500

Est.Price: ?

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2 Beds

1 Bath

SOLD DATE : 12/10/2021

Key Details

Sold Price $87,500

Property Type Condo

Sub Type Condo/Co-op

Listing Status Sold

Purchase Type For Sale

Subdivision None Available

MLS Listing ID PABU2011594

Sold Date 12/10/21

Style Other

Bedrooms 2

Full Baths 1

Condo Fees $242/mo

HOA Y/N N

Originating Board BRIGHT

Annual Tax Amount $1,620

Tax Year 2021

Lot Dimensions 0.00 x 0.00

Property Description

Investment opportunity!! 2 bedroom 1 bath condo at Lafayette Gardens in Bensalem. Ideal location in Bensalem, just minutes to shopping, I-95, public transportation, and NJ bridges! Unit was gutted due to flood and building was just re-opened. Buyer needs to invest estimated $30,000 and would create a brand new 2BR condo unit. Last tenant was paying $1,350 monthly. Condo fee $242 per month includes water. Tenant pays gas and electric. Taxes approximately $1,500. Solid long-term investment with appreciating rents and property values. Expected investment return 8-10%. Perfect for investor looking to build wealth and create value! Disclosure: Unit is gutted and needs full renovation. Some photos are from last year before it was gutted due to rare flooding. Condo building deemed safe and units being re-opened. Being sold as-is, where-is.

Location

State PA

County Bucks

Area Bensalem Twp (10102)

Zoning RESIDENTIAL

Rooms

Main Level Bedrooms 2

Interior

Hot Water None

Heating None

Cooling None

Heat Source None

Exterior

Waterfront N

Water Access N

Accessibility Other

Garage N

Building

Story 1

Unit Features Garden 1 - 4 Floors

Sewer Public Sewer

Water Public

Architectural Style Other

Level or Stories 1

Additional Building Above Grade, Below Grade

New Construction N

Schools

School District Bensalem Township

Others

Pets Allowed Y

Senior Community No

Tax ID 02-021-007-036

Ownership Fee Simple

SqFt Source Assessor

Special Listing Condition Standard

Pets Description Breed Restrictions

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Don Perrin

don@milvets.us +1(703) 819-4655

Our team is ready to help you sell your home for the highest possible price ASAP

Listed by Ilya Rabovetsky • REDBLOCK Realty Inc.
Bought with Michael Dunovich • Market Force Realty

Don Perrin

Agent | License ID: 0225222228

+1(703) 819-4655