3088 STREET RD $2,300,000

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    3088 STREET RD BUCKINGHAM, PA 18902

    CLOSED
    SOLD 2/27/2020

    $2,300,000

    Market Estimate
    • 0 Beds
    • 0 Baths
    • 3,851 sq. ft.
    • Multi-Family
    • MLS# 1001806186
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    Views: 244

    Property Details

    If you are stressed about the stock market projections and looking for a smart diversification strategy, this incredible Bucks County estate/compound offers a proven and easy income stream with its prestigious location, turkey operations and fantastic rental history. With a standard down payment, you can enjoy a positive cash flow right out of the gate. Management company in place or bring your own. Equally appropriate for active or absentee owners. Demonstrated performance and continued appreciation for more than fifty years. Property includes a six bedroom manor home and seven adjacent rental units in the carriage house and barn. This resort-like setting spans over five acres, and includes manicured and tasteful gardens and courtyards, a stunning pool/spa yard that offers ample space for thirty to lounge and dine, even a 1,200 square foot great room party space in the 1849 barn. Two horse-ready stalls, garage, exercise/storage room complete the picture. The carriage house and barn house seven 1-bedroom rental units that were originally built in the 1940s and which have been lovingly and beautifully restored by the current owners. Today, these legal units alone can generate more than $120,000 in annual income. Additional rental opportunities take annual potential over $200,000.

    • General Features
      • County BUCKS
      • HOA Y/N N
      • New Construction Y/N N
      • Pool No Pool
      • Sale Type Standard
      • Tax Annual Amount 13723.00
      • Tax Year 2019
      • Utilities Cable TV Available
      • Water Access Y/N N
      • Waterfront Y/N N
      • Year Built 1849
      • Zoning AG
    • Building Features
      • Basement Type Partial, Unfinished, Outside Entrance, Drainage System
      • Building Units Total 3
      • Cooling Fuel Electric
      • Cooling Type Central A/C, Wall Unit
      • Electric Service Underground,100 Amp Service,200+ Amp Service,Circuit Breakers
      • Entry Location Foyer
      • Flooring Type Wood, Fully Carpeted, Tile/Brick, Stone
      • Garage Y/N N
      • Heating Fuel Oil,Natural Gas,Electric
      • Heating Type Hot Water, Forced Air
      • Roof Pitched, Shingle, Metal, Wood
      • Sewer Septic On Site Septic
      • Style Converted Dwelling, Other
      • Total Garage And Parking Spaces 8
      • Total Living Area 3851
    • Property Features
      • Fencing Other
      • Lot Size Acres 5.29
      • Lot Size Dimensions 0X0
    • Schools
      • School District CENTRAL BUCKS
    • Room Features
      • Room Master Bedroom
      • Level Unspecified

    Neighborhood

    Market Last 30 Days In This Postal Code

    $455,500 Median Sales Price
    27 Homes Sold
    30 New On Market

    Average Days on Market

      Properties for Sale

        Property History

        Date Event Price Percent Change
        -- New in Database Source
        2/27/2020 3:00:00 AM Sold Source New Value: $2,300,000
        1/17/2020 2:48:33 PM Status Changed Source New Value: PENDING
        10/15/2019 12:01:11 PM Status Changed Source New Value: ACTIVE UNDER CONTRACT
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        Information is supplied by seller and other third parties and has not been verified. All information provided is deemed reliable but is not guaranteed. All properties are subject to prior sale or withdrawal. Data may not be reproduced or redistributed and may not be used for any purpose other than consumers’ personal, non-commercial use. Copyright 2020 BRIGHT MLS – All Rights Reserved.

        Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.