40 Union Street
Morrisville, PA 19067
- – beds
- – baths
- 3,963 sqft
- 7,500 sqft lot
- $200 per sqft
- 1921 build
CALLING ALL INVESTORS! Take advantage of this RARE opportunity to own a Quadruplex in the heart of historic Morrisville Boro with OFF STREET PARKING and an 8% CAP RATE! Ideally located within walking distance to a variety of restaurants and shopping AND Williamson Park this home caters to the interests of all! This home boasts 4 separate rental units: (3) very large one-bedroom units and (1) two-bedroom unit. Unit 1 is a ground floor unit with updated galley kitchen, upgraded countertops, tile backsplash and built in microwave. This spacious unit includes a living and dining room AND a bonus family room surrounded with large windows to allow for radiant sunshine. A full bathroom with updated vanity and stall shower completes this unit. Currently listed for rent at $1900. Unit 2 is also a ground floor unit and is currently tenant occupied at $1450. This unit provides a spacious living room, eat-in kitchen, separate bedroom and a full bathroom with stall shower. Unit 3 is located upstairs and is also currently tenant occupied at $1450. This unit features ample living space, a spacious bedroom, full kitchen, bathroom & den. Unit 4 offers two levels of living space and is currently listed for rent for $1900. Located on the 2nd floor, featuring an eat in kitchen, full bathroom, spacious living room and BONUS sunroom on the main floor. And an upstairs 3rd floor level with two spacious bedrooms. All units have a washer/dryer AND access to the shared crawlspace in the basement which tenants can utilize for additional storage needs. A parking lot is conveniently located in the back for resident parking! Located near Route 1, I 295 AND Trenton Mercer Airport, Trenton Transit Center (with Amtrak access), and Yardley Station for easy commuting and close to a variety of shopping and restaurants. Don’t miss your opportunity to see this fantastic investment property today! **Seller is also including a one year home warranty to the future buyer**
Listing courtesy of BRIGHT / Keller Williams Real Estate-Langhorne
Last checked:
Checking…
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Last updated Jan 9, 2025
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MLS# PABU2085292 —
The Building
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Year Built:1921
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Year Built Source:Assessor
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New Construction:No
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Construction Materials:Vinyl Siding
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Building Units Total:4
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Structure Type:Other
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Architectural Style:Other
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Accessibility Features:None
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Basement:Yes
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Basement Type:Partial
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Total SqFt Source:Estimated
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Total Below Grade SqFt Source:Assessor
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Tax Total Finished SqFt:3584
Interior
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Interior Features:Bathroom - Stall Shower, Ceiling Fan(s), Crown Moldings, Dining Area, Family Room Off Kitchen, Kitchen - Eat-In, Kitchen - Galley
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Fireplace:No
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Living Area SqFt Source:Estimated
Room Dimensions
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Total SqFt:3963
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Living Area SqFt:3,963 Sqft
Financial & Terms
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Sale Type:Standard
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Acceptable Financing:Cash, Conventional
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Possession:Negotiable
Location
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Directions:From Route 1 N take the exit onto PA 32 N toward Morrisville, make a left onto N Pennsylvania Ave., and then a right onto Union St.
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Cross Street:CENTRE ST.
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Latitude:40.21074000
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Longitude:-74.77598000
The Property
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Property Subtype:Quadruplex
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Property Type:Multi-Family
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Lot Size Units:Square Feet
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Lot Size Acres:0.17
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Lot Size Source:Assessor
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Lot Size Dimensions:50.00 x 150.00
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Lot Dimensions Source:Assessor
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Lot SqFt:7,500 Sqft
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Inclusions:One Year Home Warranty included from Armadillo Home Warranty
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Zoning:R2A
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Other Structures:Above Grade, Below Grade
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Water View:No
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Waterfront:No
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Water Oriented:No
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Water Access:No
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Navigable Water:No
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Tidal Water:No
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Land Use Code:1001
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Riparian Rights:No
Listing Agent
- Contact info:
- Agent phone:
- (215) 650-7007
- Office phone:
- (215) 757-6100
Taxes
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Tax ID Number:24-009-068
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Tax Year:2024
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Tax Lot:068
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Tax Annual Amount:$6,231
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Tax Assessed Value:$18,800
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Year Assessed:2024
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School Tax:4822.0
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County Tax:478.00
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City/Town Tax:930.00
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Total Taxes Payment Frequency:Annually
Heating & Cooling
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Cooling Type:Window Unit(s)
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Central Air:No
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Cooling Fuel:Electric
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Heating:Yes
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Heating Type:Forced Air, Baseboard - Electric
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Heating Fuel:Electric, Natural Gas
Utilities
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Sewer/Septic:Public Sewer
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Electric Service:Circuit Breakers
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Hot Water:Natural Gas
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Water Source:Public
Appliances
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Appliances:Built-In Microwave, Dryer, Refrigerator, Washer, Dishwasher
Schools
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School District Name:Morrisville Borough
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School District Source:Listing Agent
The Community
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Subdivision Name:Union Square
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Pool:No Pool
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Transportation:Airport less than 10 miles, Commuter Rail Station 1 to 5 miles
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Cap Rate:8.37
Parking
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Garage:No
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Type of Parking:Parking Lot
Extra Units
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Other Units:Unit 1,Unit 2,Unit 4,Unit 3
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Vacation Rental:No
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One Bedroom Units:3
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Two Bedroom Units:1
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Max Internet Speed
Provided by BroadbandNow®
This is the maximum advertised internet speed available for this home. Under 10 Mbps is in the slower range, and anything above 30 Mbps is considered fast. For heavier internet users, some plans allow for more than 100 Mbps.
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
1/8/25
Jan 8, 2025
|
Listed / Active | BRIGHT | $795,000 |