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559 Bath St
Bristol, PA 19007
Bath Street Apartments · Multifamily Property For Sale · 4 Units

Property Facts

No. Units 4
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 0.17 AC
Building Size 3,152 SF
Average Occupancy 100%
No. Stories 3
Year Built 1860
Zoning R2 - Residential zoning district for moderate density suburban development. Includes semi-detached dwellings, and some commercial or institutional uses

Amenities

Unit Amenities

  • Washer/Dryer
  • Eat-in Kitchen
  • Hardwood Floors
  • Range
  • Yard
  • Built-In Bookshelves
  • Family Room
  • Vinyl Flooring

Site Amenities

  • Gas Range
  • Storage Space
  • Public Transportation

About 559 BATH ST , BRISTOL, PA 19007

Bath Street Apartments, located at 559 Bath Street, is a four (4) unit walk-up apartment building ideally positioned in one of Bucks County's most up-and-coming sub-markets, Bristol Borough. This exceptionally maintained brick building has benefited from long-term ownership and has tremendous upside. Current ownership has invested a significant amount of capital into upgrading and maintaining the asset over its 30+ years of ownership. Improvements within the last 5 years include a new roof, water heater, chimney stack, oil tank (above ground), sidewalk replacement, sewer lines, and various upgrades throughout the interior apartments. Located in historic Bristol Borough, a booming market nationally recognized as the "2017 Small Business Revolution" winner, this turn-key investment is a few steps to Mill Street and all the best dining, shopping, and entertainment options. Within walking distance to the Bristol Train Station, regional rail service provides an easy commute to Central/Northern NJ, Philadelphia, and many suburban employment hubs. Additionally, direct access to I-95, I-276 (PA Turnpike), and I-295 make the area a prime location. This four (4) unit complex is easy to maintain, has no deferred maintenance or immediate capital needs, and provides a significant value-add opportunity to a new owner. Immediate value-add propositions include long term tenants with below market rents, an opportunity to convert oil heat to sub-metered electric, and future garage/parking income

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
Studios 1 - -
1+1 2 - -
2+2 1 - -

Property Taxes

Property Taxes

Parcel Number
04-008-207
Land Assessment
$4,200
Improvements Assessment
$17,400
Total Assessment
$21,600
  • Listing ID: 13324540

  • Date on Market: 7/30/2018

  • Last Updated:

  • Address: 559 Bath St, Bristol, PA 19007

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