Description

Welcome to your dream investment opportunity and the largest unit in the neighborhood! this stunning new construction duplex offers a total of 3600 sq ft, with 10 bedrooms, 4 full baths, 2 half, with each identical unit boasting 1800 sq ft. perfect for investors or those looking to live on one side and rent the other side out (also known as house hacking), this property is a gem for all and you don't want to miss it!

the first floor is bright with lots of natural sunlight and homes the primary bedroom, complete with a private bathroom and a large master closets. the main living area includes a half bath, conveniently located near the back sliding doors for guests to have easy access while entertaining in the backyard! the open floor plan leads into the kitchen, which is a chef's delight, featuring recessed lighting throughout, a center kitchen island with granite countertops, and all-new stainless-steel appliances with warranties!
upstairs, you'll find 4 additional bedrooms with carpeted floors and a full bathroom. the brand new washer and dryers are also located on the 2nd floor forr added convenience!

the units have sliding glass doors that lead to back outdoor space and is located at the end of a private street. for commuters, you are less than one mile away from the railways, walking distance to the bus stop, less then 5 minutes from interstate 95, the burlington bristol bridge, route 13, and the pa turnpike, 15 minutes away from philadelphia and trenton nj yet still get the benefits of suburbia.

1 unit 5607 will be occupied between 9-15-10/1 at 3250 per month. the other is vacant. this offers the potential for an investor to collect over $6,000 per month grossing 72k per year if both sides are rented. for a buyer who rents out one unit and lives in the other, the rental income can significantly offset the mortgage payments, making homeownership more affordable.

sample monthly payments by loan type
assuming a 575k price, 6.7% interest rate, $1,500 for insurance annually, and a 30-year mortgage, the approximate monthly payments by loan type could be:
va loan with 0% down-
approx monthly payment: $4,293.68
rental income from one unit: $3,250
net monthly payment: $1,043.68
fha loan with 3.5% down
approx monthly payment: $4,163.82
rental income from one unit: $3,250
net monthly payment: $913.82
conventional loan with 20% down
approx monthly payment: $3,551.61
rental income from one unit: $3,250
net monthly payment: $301.61
these figures are approximate numbers and should be verified by your lender as each personal qualifications and interest rates varies.

additionally, the lot in the back can be subdivided and is buildable!

the property taxes are not assessed yet but should be between $5,000 and $6,000 annually. with brand new heating, electric, plumbing, and everything in between, this duplex is a jewel waiting to be discovered. don’t miss out on this perfect opportunity to own a spacious, brand-new property in a great location. contact us today for more information and to schedule a viewing!

• Property Type

  Multi-Family

• Subdivision

  Green Lawn Park

• County

  BUCKS

• Style

  Colonial

• AD ID

  46570889