3088 STREET RD, BUCKINGHAM, PA 18902 (MLS # 1001806186)

Price $2,650,000
Status Active
Beds 0
Baths 0 bath
Home size 3,851 sq ft
Lot Size 5.29 ac
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.
Property Type(s): Multi Family
Last Updated 7/5/2018 Tract NONE AVAILABLE
Year Built 1849 County BUCKS

SCHOOLS

School District CENTRAL BUCKS

Price History

Prior to Jul 5, '18 $2,800,000
Jul 5, '18 - Today $2,650,000

Additional Details

AIR Central A/C, Wall Unit
AIR CONDITIONING Yes
BASEMENT Drainage System, Outside Entrance, Partial, Unfinished, Yes
CONSTRUCTION Brick, Wood Siding
GARAGE Private
HEAT Forced Air, Hot Water
HOA DUES None
INTERIOR CeilngFan(s)
LOT 5.29 acre(s)
LOT DIMENSIONS 0X0
SEWER On Site Septic
STYLE Converted Dwelling, Other
SUBDIVISION NONE AVAILABLE
TAXES 13723.0
UTILITIES Cable TV Available
WATER Well
ZONING AG

Location

 

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Data last updated: 7/15/19 5:27 PM PDT

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