59 60 Reliance Ct
Telford, PA 18969
- – beds
- – baths
- 1,776 sqft
- $182 per sqft
- 1975 build
Duplex with Identical Floor Plans and Potential for Higher Rental Income. Located in the sought-after Pennridge School District, this duplex presents an exceptional investment opportunity. The property features identical upstairs and downstairs floor plans, making it easy to manage and maintain. Both units are fully occupied, with tenants on month-to-month leases. A 30-day notice is required for vacating, ensuring flexibility for both the landlord and the tenants. Each unit consists of 2 bedrooms and 1 bath, providing comfortable living spaces for the occupants. The second-floor tenant has been a long-term renter, adding stability to the investment. The current rents are below market value, with fully renovated units in the area going for UP to $1900 per unit. This indicates significant potential for higher rental income with appropriate updates and adjustments. The current rents are $925/per unit The units are in good condition overall, with the 2nd floor flooring needing replacement. The first-floor unit was originally occupied by the owner for many years and underwent renovations about four years ago. These updates contribute to the property's appeal and longevity. Both units have been equipped with new windows, enhancing energy efficiency and aesthetic appeal. Heat pumps for each unit were replaced in 2018 and serviced in 2024, ensuring reliable heating and cooling for the tenants. The property's maintenance history and recent upgrades add to its attractiveness as a solid investment. HOA fee is 150/month per unit covering trash 1x week, snow, grounds maintenance , sidewalks and common area. Capital contribution is $1200.
Last checked:
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Checking…
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Last updated Mar 23, 2025
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MLS# PABU2090542 —
The Building
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Year Built:1975
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Year Built Source:Assessor
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New Construction:No
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Construction Materials:Frame
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Building Units Total:2
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Structure Type:End of Row/Townhouse
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Architectural Style:Traditional
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Accessibility Features:None
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Foundation Details:Slab
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Basement:No
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Total SqFt Source:Assessor
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Total Below Grade SqFt Source:Assessor
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Tax Total Finished SqFt:1776
Interior
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Interior Features:Combination Kitchen/Dining
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Fireplace:No
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Living Area SqFt Source:Assessor
Room Dimensions
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Total SqFt:1776
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Living Area SqFt:1,776 Sqft
Financial & Terms
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Sale Type:Standard
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Acceptable Financing:Cash, Conventional
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Possession:0-30 Days CD
Location
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Directions:E Reliance Rd to Conestoga Way
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Latitude:40.32609558
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Longitude:-75.31851196
The Property
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Property Type:Multi-Family
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Property Subtype:Duplex
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Lot Size Units:Square Feet
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Lot Size Source:Estimated
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Lot Size Dimensions:0.00 x 0.00
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Lot Dimensions Source:Assessor
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Lot SqFt:0 Sqft
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Inclusions:(2) Washer/Dryer (2) Refrigerators
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Zoning:RR
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Other Structures:Above Grade, Below Grade
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Waterview: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:1006
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Riparian Rights:No
Listing Agent
- Contact info:
- Agent phone:
- (215) 718-5356
- Office phone:
- (215) 631-1900
Taxes
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Tax ID Number:15-041-059
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Tax Year:2024
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Tax Lot:059
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Tax Annual Amount:$3,389
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Tax Assessed Value:$20,000
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Year Assessed:2024
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School Tax:2705.0
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County Tax:509.00
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City/Town Tax:175.00
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Total Taxes Payment Frequency:Annually
Heating & Cooling
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Cooling Type:Central A/C
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Central Air:Yes
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Cooling Fuel:Electric
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Heating:Yes
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Heating Type:Heat Pump - Electric BackUp
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Heating Fuel:Electric
Utilities
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Sewer/Septic:Public Sewer
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Hot Water:Electric
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Water Source:Public
Schools
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School District Name:Pennridge
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School District Source:Listing Agent
The Community
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Pool:No Pool
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Spa:No
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Association Recreation Fee:Yes
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Association Recreation Fee:150.00
Parking
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Total Garage and Parking Spaces:2
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Garage:No
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Type of Parking:Parking Lot
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Parking Lot - # of Spaces:2
Extra Units
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Vacation Rental:No
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Two Bedroom Units:2
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).
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
3/23/25
Mar 23, 2025
|
Pending | BRIGHT | $324,900 |