1131 Branch Rd, Perkasie, PA 18944

3 beds-- baths1,552 sqft Edit

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Sold: $219,440
Sold on 12/18/14
Zestimate®: $290,073
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My Notes

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Incredible Investment Opportunity! Three Buildings, Four total units, long term tenants- All currently leased! Property includes a Duplex Farmhouse with two, 1 bedroom, 1 bath apartments. First floor includes a covered porch, spacious eat-in kitchen, living room, bedroom and full bathroom. 2nd floor has an eat-in kitchen w/ brand new refrigerator, access to floored attic, living room, bedroom and computer area. Shared use of basement with Washer/Dryer (included). Separate oil burners and oil tanks. 3 bay garage w/ floored second floor is currently under priced and could easily bring $200 + per month (approx). Extra large, solid stone barn with electricity currently underpriced as well and could easily bring $500 per month (approx). Total potential Gross income could be $24,900! Great location close to Perkasie Borough, great rental history! Buy as an investor or as an owner occupant, live in one apartment and lease the other units. 11/12/14  More Less 

Facts

  • Lot: 0.81 acres
  • Multi Family
  • Built in 1900
  • Views: 4,596 all time views
  • Heating: Baseboard, Other
  • Last sold: Dec 2014 for $219,440
  • Last sale price/sqft: $141

Features

  • Attic
  • Cable Ready
  • Ceiling Fan
  • Flooring: Carpet, Hardwood
  • Lawn
  • Parking: Garage - Detached, 3 spaces
  • Porch
  • Unfinished basement
  • View: Park

Appliances Included

  • Dryer
  • Range / Oven
  • Refrigerator
  • Washer

Construction

  • Exterior material: Vinyl
  • Roof type: Slate
  • Room count: 8
  • Stories: 2
  • Unit count: 2

Other

  • Floor size: 1,552 sqft
  • Heating: Electric, Oil
  • Laundry: In Unit
  • Parcel #: 12014049-001
  • Zillow Home ID: 8996856

Zestimate Details

Zestimate
A Zestimate home valuation is Zillow's estimated market value. It is not an appraisal. Use it as a starting point to determine a home's value. Learn more

The Value Range is the high and low estimate market value for which Zillow values a home. The more information, the smaller the range, and the more accurate the Zestimate. See data coverage and accuracy table

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$290,073
+$3,844 Last 30 days
$255K
$313K
Zestimate range
Rent Zestimate A Rent Zestimate is Zillow's estimated monthly rental price, computed using a proprietary formula. It is a starting point in determining the monthly rental price for a specific property. Learn more

The Rent Range is the high and low estimate for which an apartment or home could rent. The more information we have, the smaller the range, and the more accurate the Rent Zestimate. See data coverage and accuracy table
$1,675/mo
+$70 Last 30 days
$1.5K
$2.1K
Zestimate range

Improve This Home's Value

The right home project can make a significant impact to your home value! Compare average project costs in your area with estimated increases to your home value.

The return values below are estimates based on the region, home facts, and past sales data. Your situation may vary based on current finish level of the room, changing style trends, depreciation, and how much of the project budget is invested in structural changes vs. functional/cosmetic improvements.

Mid-Range Minor Kitchen Remodel

  • Mid-Range Minor Kitchen Remodel

  • + 16.4K VALUE
  • Project cost: $19,957
  • See kitchen ideas

Mid-Range Bathroom Remodel

Deck Addition

Popularity on Zillow

4,596 all-time views
of this home (chart)

Comparable Homes

Homes like this sold for $195-301K.

$170K
$330K

Mortgages

Neighborhood: 18944

Zillow predicts 18944 home values will fall 0.3% next year, compared to a 0.9% rise for East Rockhill Township as a whole. Among 18944 homes, this home is valued 8.3% more than the midpoint (median) home, but is valued 2.1% less per square foot.

Foreclosures will be a factor impacting home values in the next several years. In 18944, the number of foreclosures waiting to be sold is 45.5% greater than in East Rockhill Township, and 39% less than the national average. This higher local number may prevent 18944 home values from rising as quickly as other regions in East Rockhill Township.
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    Nearby Schools in East Rockhill Township

    GreatSchools ratings give an overview of a school's test results. The ratings are based on a comparison of test results for all schools in the state.

    Disclaimer: School attendance zone boundaries are supplied by Maponics and are subject to change. Check with the applicable school district prior to making a decision based on these boundaries.

    Data by GreatSchools.org