2 months on rocket

403 Washington Ave, Sellersville Boro, PA, 18960

$1,100,000

Home List Price

$10,000*

Closing Credit

11 Bedrooms
7 Full Baths
3,696 SqFt
$298/SqFt
Condo

Location

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403 Washington Ave, Sellersville$1,100,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
Year Built1900
HeatingBaseboard, Electric
CoolingWall Unit(s)
MLS #746913
Lot Size0.31 Acres
StatusActive

About 403 Washington Ave

Best in show & location - This fully occupied, cash-flowing, turnkey, 7-unit multifamily fuels $112,800 in VERIFIED gross income and $99,453 in net income while standing at an 8.5% CAP rate at asking. Owners invested over $400K to completely rehab and update this stunning building in coveted Bucks County on a corner lot with a private backyard, including ten parking spaces. The city recently gave you a CLEAR Certificate of Occupancy, which limits your expenses. Upgrades include Re-pointed Brick, 25+ NEW windows, new electric, new flooring, fresh paint, and brand-new baseboard heaters installed in all units, an updated roof, all-new electric water heaters, and completely remodeled kitchens, BRs, living areas, and bathrooms. All newer appliances, some stainless. There are five (5) large 1BR/1BA units, one (1) 2BR/1BA, and one (1) very large, 3-story 3BR/2BA. All brand new, clean, friendly tenants that love the rebranding of this property and have 1-year leases. This property is located in Bucks County and within a quiet residential neighborhood with half-million-dollar homes. Minutes away from highways, shopping, and located near a police station and a church. NOTE - The owners love this property and poured their hearts into the renovations, but they live 1.5 hours away, and due to the distance, they are selling to the lucky buyer. One of the sellers is a licensed RE agent

Property Details

Property Features

Property Information:

  • Year Built: 1900
  • Stories: 2
  • Living Area: 3,696 SqFt

Listing Office:

  • Office Name: EXP Realty LLC
  • Office Phone: (888) 397-7352

Interior Features

Interior Information:

  • Flooring Type: Hardwood
  • Interior: Balcony

Bedroom and Bathroom Information:

  • Full Bathrooms: 7
  • Total Bedroom Count: 11

Lot Features

Lot Information:

  • Lot Size: 0.31 Acres

Utilities

Utilities Information:

  • Heating: Baseboard, Electric
  • Cooling: Wall Unit(s)

Other

Directions Information:

  • Directions: Take I-78 W and PA-309 S to Bethlehem Pike in West Rockhill Township. Take the exit toward Sellersville/Perkasie from PA-309 S 35 min (28.0 mi) Continue on Bethlehem Pike. Drive to Washington Ave in Sellersville 5 min (3.0 mi) 403 Washington Ave

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,100,000
  • Price Per SqFt: $298/SqFt
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Housing Market Comparison

See how this home compares to others in Sellersville, PA.

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Sellersville, PA

City

Med. Sold Price

$366.5K

Med. Price/SqFt

$236

Avg. Days On Market

17

# of Sold Homes

8

403 Washington Ave vs Sellersville

64 DAYS ON ROCKET

+47 Days

$1,100,000

+$733.5K More

$298/SqFt

+$62 More

KEY TAKEAWAY

This property is $733.5K more than the Median Sold Price and $62/SqFt more than other homes in Sellersville, PA.

Based on homes sold in November 2024

MLS Details

MLS Information:

  • MLS Name: HIGH
  • MLS Number: #746913

Listing Office:

  • Office Name: EXP Realty LLC
  • Office Phone: (888) 397-7352

The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (“IDX”) program of the Greater Lehigh Valley REALTORS®. The MLS Listing Information has not been verified and is not guaranteed by MLS. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS.
Copyright © 2024 Greater Lehigh Valley REALTORS® All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/18/2024, 9:20:56 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

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Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$3,364

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-4481253
7
/10

  • West Rockhill Elementary School

  • 1000 Washington Ave

  • 0.63 miles

  • Public District Grades KG-5

school-card-donut-4481254
7
/10

  • Sellersville Elementary School

  • 122 W Ridge Ave

  • 0.99 miles

  • Public District Grades KG-5

school-card-donut-4481255
6
/10

  • Patricia A. Guth Elementary School

  • 601 N 7th St

  • 1.84 miles

  • Public District Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $72,230. Most Sellersville, PA residents have annual incomes between $35k-100k. The majority of families are single, no kids. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 403 Washington Ave

What is the listing price of this property?

The listing price of 403 Washington Ave property is $1,100,000.

What type of property is this?

The property 403 Washington Ave is a condo located in Sellersville Boro, Pennsylvania, 18960.

Is this property for sale now?

Active Listing: 403 Washington Ave is For Sale (Active/New) which means the seller is accepting offers.

How many bedrooms and bathrooms does this property have?

The property at 403 Washington Ave has 11 bedrooms and 7 bathrooms.

What is the square footage of this property?

The property 403 Washington Ave is 3,696 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 403 Washington Ave is 1900.

Rocket Homes›Pennsylvania›Bucks County›Sellersville›18960›403 Washington Ave

This home is located at 403 Washington Ave in Sellersville Boro, PA and zip code 18960. This 3,696 square foot home, which was built in 1900, sits on a 0.31 acre lot. Features: 11 bedrooms, 7 bathrooms. It has been listed on Rocket Homes since October 14, 2024 and is currently priced at $1,100,000.

In November 2024, from all listings sold in Sellersville, PA there were more than 3 sold above asking price, over 3 sold below and more than 2 were sold right at the asked price. In November 2024 in Sellersville, PA there were 5.3% less homes for sale than in October 2024. The median list price of listings available in November 2024 was $366,500, while the average time on the real estate market was 17 days.

From Rocket Homes Real Estate and based on county public records data.

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