3088 Street Rd
BUCKINGHAM, PA 18902

Description

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.

Details

MLS#1001806186
Sub-TypeResale
StatusActive
Year1849
Days On Site258

Features

SQ Feet3,851
Units3

Market Activity 18902

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Area Information

StatePA
CityBUCKINGHAM
Zip Code18902
AreaBuckingham Twp (10106)
Listing VS Median (in 18902)
Price:
$2,650,000
low | high
Med:
$657,498
100% of Average
SqFt:
3,851
low | high
Med:
3,065
70.410283043365% of Average
$ / SqFt:
$688
low | high
Med:
$216
100% of Average
On Site:
258
low | high
Med:
173.500000
100% of Average
Listing Updated: 02/20/2019
MLS Number: 1001806186
Listing Provided By:
Patricia Patterson  of  Kurfiss Sothebys International Realty-New Hope

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