2211 MILFORD SQUARE PIKE Quakertown, PA 18951
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Detached
Listing Status Coming Soon
Purchase Type For Sale
Square Footage 2,558 sqft
Price per Sqft $195
MLS Listing ID PABU2128682
Style Colonial
Abv Grd Liv Area 2,558
Year Built 1900
Available Date 2026-08-15
Annual Tax Amount $4,220
Tax Year 2025
Lot Size 0.292 Acres
Acres 0.29
Lot Dimensions 93.00 x
Property Sub-Type Detached
Source BRIGHT
Property Description
and have the other help offset your mortgage! The upstairs 2-bedroom, 2 full bath unit is
currently vacant and ready for an owner-occupant or new tenant, while the first-floor 2-
bedroom, 1-bath unit is currently occupied by a long-term tenant paying $1,000/month,
providing an excellent opportunity to increase rental income to current market levels.
The first-floor unit is believed to be capable of approximately $1,500/month in market
rent, creating significant upside for the next owner. The property was extensively
renovated in 2017, including a new roof, new windows, and a complete renovation of
the second-floor unit. The second floor has laundry connection, while you can easily
connect laundry for the 1 st floor unit by creating a laundry room area in the spacious
foyer that connects just off the living room of the 1 st floor. Tenants are responsible for
heat, electric, while the owner pays trash, water and sewer. The first-floor unit features a
covered rear porch entrance, hardwood floors, a farmhouse-style kitchen, spacious
living and dining areas, two bedrooms with ample closet space, and a full bath. The
upstairs unit offers hardwood flooring, an updated kitchen and two bedrooms and full
bathrooms; one on the 2 nd floor and another on the 3 rd floor. With an estimated current
market rents of approximately $3,600/month in potential gross rental income, this
property offers attractive cash-flow potential and a projected cap rate of nearly 8%
based on the current investment assumptions. The dedicated parking lot adds
convenience for both units. Appropriately located near the PA Turnpike, St. Luke's
Hospital, Routes 663, 309 and 313. Whether you're looking to build your rental portfolio
or occupy one unit while generating rental income from the other, this property offers an
excellent combination of location, flexibility and upside potential!
Please do not disturb the tenant or access the property without a confirmed
appointment.
Location
State PA
County Bucks
Area Milford Twp (10123)
Zoning SRM
Rooms
Basement Outside Entrance
Interior
Interior Features Dining Area, Floor Plan - Open, Wood Floors
Hot Water Oil
Heating Hot Water
Cooling Window Unit(s)
Fireplace N
Heat Source Oil
Exterior
Water Access N
Accessibility None
Garage N
Private Pool No
Building
Foundation Stone
Above Ground Finished SqFt 2558
Sewer On Site Septic
Water Well
Architectural Style Colonial
Additional Building Above Grade, Below Grade
New Construction N
Schools
School District Quakertown Community
Others
Tax ID 23-013-002-001
Ownership Fee Simple
SqFt Source 2558
Special Listing Condition Standard
Nearby School & Business
Get More Information