2211 MILFORD SQUARE PIKE, Quakertown, PA 18951
2211 MILFORD SQUARE PIKE, Quakertown, PA 18951
2211 MILFORD SQUARE PIKE, Quakertown, PA 18951
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Graceann Tinney

Graceann Tinney

+1(267) 373-8244
Listed by Daniel J. Smith • Innovate Real Estate
$499,900
Est. payment /mo
5 Beds
3 Baths
2,558 SqFt
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UPDATED:

Key Details

Property Type Single Family Home

Sub Type Detached

Listing Status Active

Purchase Type For Sale

Square Footage 2,558 sqft

Price per Sqft $195

Subdivision None Available

MLS Listing ID PABU2128858

Style Colonial

Bedrooms 5

Full Baths 3

HOA Y/N N

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

Great opportunity for an investor or owner-occupant! This well-maintained two-unit property offers immediate income potential along with the flexibility to live in one unit
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. *This property is also currently listed as a multi-family.*

Location

State PA

County Bucks

Area Milford Twp (10123)

Zoning SRM

Rooms

Other Rooms Living Room, Dining Room, Primary Bedroom, Bedroom 3, Bedroom 4, Bedroom 5, Kitchen, Foyer, Bedroom 1, Bathroom 1, Bathroom 2, Bathroom 3, Bonus Room

Basement Outside Entrance

Main Level Bedrooms 2

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

Story 3

Foundation Stone

Above Ground Finished SqFt 2558

Sewer On Site Septic

Water Well

Architectural Style Colonial

Level or Stories 3

Additional Building Above Grade, Below Grade

New Construction N

Schools

School District Quakertown Community

Others

Senior Community No

Tax ID 23-013-002-001

Ownership Fee Simple

SqFt Source 2558

Special Listing Condition Standard

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Bright MLS (BMLS)

NEARBY SCHOOL & BUSINESS

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Graceann Tinney

Graceann Tinney

Agent | RSRS344523

+1(267) 373-8244

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2211 MILFORD SQUARE PIKE

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