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Property view

403 Washington Avenue, 
Sellersville Boro, PA 18960

$1,192,000


11

Beds


7

Baths


3,696

Sq Ft


Multi-Family

Sold

Listed by

Joshua Schoenberger

Bought with NON MBR Office

eXp Realty LLC.

MLS#

757526

Source:

PA LVAR

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About This Home

403 Washington Avenue

This stunning, fully occupied, cash-flowing, turnkey, 7-unit multifamily fuels $112,800 in VERIFIED gross income and $99,453 in net income, commanding an ~8% cap with no work to do for the lucky buyer. Sellers have completely renovated the property, which is the neighborhood's shining gem, with a construction investment of roughly $500K to rehab and update the entire building from roof to basement. 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. NEW LAUNDRY - 2 brand-new coin-operated washer/dryers for the tenants have just been installed. 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, next to Grandview Hospital, less than an hour from Philly, 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. They are selling to the lucky buyer. One of the sellers is a licensed RE agent. The same seller has a few other multi-families to sell in Allentown.

Home Facts

Multi-Family

7 Baths

11 Bedrooms

Built in 1900

Price Summary

1,375,000

$372 per Sq. Ft.

MLS #:

757526

Sold:

September 12, 2025


Rooms & Interior

Bedrooms

Total Bedrooms:

11

Bathrooms

Total Bathrooms:

7

Full Bathrooms:

7

Interior

Living Area:

3,696 Sq. Ft.


Structure

Structure

Building Area:

3,696 Sq. Ft.

Year Built:

1900


Lot

Lot Size (Sq. Ft):

13,678


Finances & Disclosures

Finances

Price:

$1,375,000

Price per Sq. Ft:

$372 per Sq. Ft.

Source:PA LVAR
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