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231 Washington St 231 Washington St 5 Unit Apartment Building $942,246 CAD ($188,449 CAD/Unit) Morrisville, PA 19067

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EXECUTIVE SUMMARY

There are 5 total units in the building. Units 1,2,5 Pay their own electric. Landlords pay units 3,4 and common electric. Positive cash flow to add to your portfolio, with this fully rented 5-unit building. Long term tenants, who all would like to stay. Tenants are currently on a month-to-month basis. Updated economical gas heat, electric and all new windows, siding and gutters. New hot water heater, common areas have been freshly painted and carpeted. This property is being sold AS -IS. Buyers are responsible for the borough U & O. Please do not approach the property without an appointment. 24-hour notice is required. Please knock before entering. Elevator is for ground to first floor level only. Rents are under current market. Insurance yearly is $4170.00. Taxes were $8743.46 this year. Owners pay gas and water.

PROPERTY FACTS

Price $942,246 CAD
Price Per Unit $188,449 CAD
Sale Type Investment
No. Units 5
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 0.08 AC
Building Size 2,192 SF
Average Occupancy 100%
No. Stories 2
Year Built 1908
Zoning 24R2A

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
1+1 5 - -
  • Listing ID: 37215722

  • Date on Market: 2025-08-11

  • Last Updated:

  • Address: 231 Washington St, Morrisville, PA 19067

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