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908 EASTON ROAD, RIEGELSVILLE, PA 18077

908 EASTON RD

$520,000
Incredible investor opportunity. LIVE in one of the units and lease out the other three units OR lease out ALL FOUR. One unit vacant because it was being updated. Other three have tenants and are occupied. Beautifully maintained and updated 4 town house unit property located in the adorable and historic borough of Riegelsville. Incorporated in 1916, "Riegelsville Borough is a small riverfront town in upper Bucks County. It has a rich economic history rooted in farming, manufacturing, and transportation. From its beginnings in the 18th century until the early 20th century, the town has served as a key crossing point across the Delaware River, as a stopping area along the Delaware Canal, and as a center for paper milling. Traditionally, the borough's commercial district has been at the heart of the town's economic activity, providing the necessary supporting goods and services for both residents and businesses." More history: "Incorporated in 1916, Riegelsville Borough is located on land formerly belonging to Durham Township. It's history is closely tied to the Durham Iron Works. Tobias Worman served as the first postmaster beginning in 1847. Settlement began around 1774 when Wendel Schenk purchased land from the Penns' Lieutenant Governor James Hamilton. Schenk either built or improved a Ferry across the Delaware, and the area became known as Schenk's Ferry. Sometime later, the land was acquired by Benjamin Riegel, a farmer, through a sheriff's sale. Thereafter the village was known as Riegelsville. The ferry was abandoned with the opening of a bridge in 1837. It was damaged by the flood of 1903 and had to be replaced by what is still current, a wire suspension bridge built by the Roebling steelworks. At the close of the 19th century, through sometime in the 1920s, Riegelsville was a terminus of the Quakertown Eastern railroad, a 12-station line originated in Quakertown about 1896."

4,544 Sq.Ft. LIVING AREA

0.26 Acres lot

Caryn Black

Caryn Black

FEATURES & AMENITIES

Interior

  • Flooring Ceramic Tile, Wood
  • other interior Features Kitchen - Eat-In

Area & Lot

  • Status Sold
  • Living Area4,544 Sq.Ft.
  • Lot Area0.26 Acres
  • MLS IDPABU2003914
  • TypeMULTI_FAMILY
  • YEAR BUILT1923
  • Architecture StylesColonial, Farmhouse/National Folk
  • School DistrictPALISADES

Exterior

  • STORIES2
  • water SourcePublic
  • roofAsphalt
  • lot featuresLevel, Not In Development, Rear Yard
  • HEAT TYPEBaseboard - Hot Water, Heat Pump - Oil Back Up
  • AIR CONDITIONINGWindow Unit(s)
  • sewerOn Site Septic
  • SubstructureMasonry

Financial

  • Sales Price$520,000
  • Real Estate Tax $5,626
  • Zoning R

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