5.72 Acres Lot
5.72 Acres Lot
Key Details
Property Type Commercial
Sub Type Five Or More Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID PABU2120026
Year Built 1850
Annual Tax Amount $18,046
Tax Year 2025
Lot Size 5.716 Acres
Acres 5.72
Lot Dimensions 0.00 x 0.00
Property Sub-Type Five Or More Units
Source BRIGHT
Property Description
This fully rented 5-unit farmhouse conversion is situated on nearly 6 acres in desirable Buckingham Township, offering immediate cash flow with strong upside potential. The property includes four units within the main farmhouse and a detached, carriage house (Unit 5), creating a diversified and stable income stream.
All units are generously sized and reflect sought-after Bucks County character. Unit 4 (former horse stable) and Unit 5 (carriage house) have been fully renovated, while three remaining units present value-add opportunities through future updates and rent optimization. Current rents are below market, with nearby comps supporting increased income opportunities.
At the current asking price of $1,595,000, the property delivers an approximate 6.5% in-place cap rate, offering investors a strong in-place return with compelling potential to elevate both income and long-term value.
Tenants pay all utilities except water, helping maintain low operating expenses. Additional income is generated through garage rentals, and a full basement provides valuable storage. The property also benefits from a newer septic system and ample on-site parking.
Located just minutes from Doylestown, New Hope, and major commuter routes, this is a rare opportunity to acquire a stabilized asset with both immediate income and long-term appreciation potential.
12 parking spots not including garages. Showings available late afternoons by appointment only with listing agent with 24-hour notice. Serious inquiries only.
Location
State PA
County Bucks
Area Buckingham Twp (10106)
Zoning R2
Interior
Hot Water Electric
Heating Forced Air, Hot Water
Cooling Central A/C, Ceiling Fan(s), Window Unit(s), Wall Unit
Flooring Carpet, Hardwood
Heat Source Natural Gas, Propane - Owned, Oil
Exterior
Garage Spaces 12.0
Water Access N
Accessibility None
Total Parking Spaces 12
Garage N
Building
Foundation Stone
Sewer On Site Septic
Water Public
New Construction N
Schools
School District Central Bucks
Others
Tax ID 06-008-085
Ownership Fee Simple
Acceptable Financing Cash, Conventional, FHA, VA
Listing Terms Cash, Conventional, FHA, VA
Financing Cash,Conventional,FHA,VA
Special Listing Condition Standard
