This mixed use property sits in the heart of New Hope Borough, The building with 4 apartments and 3 retail spaces has the potential to become part of the New Hope Renaissance that is currently underway. Few buildings come on the market with this degree of commercial flexibility. See income and expenditures below: Apt. A as of 9/1/2019 $1,037.50/month (one bedroom)Apt. B as of 8/1/2019 $1,000.00/month (one bedroom)Apt. C as of 9/1/2019 $1,070.00/month (two bedroom)Apt. D as of 9/1/2019 $1,250.00/month (two bedroom)4 the Luv of Things as of 12/1/2018 $1,155.00/month (commercial)Through the Looking Glass of 9/1/2019 $ 1,350.00/month (commercial)New Hope Health Center (commercial and a small apartment) as of 9/1/2019 $1,700.00/month (commercial)Taxes 2018: $13,249.18 Insurance 2018: 4,886.50 PECO (outside lights) $600.00 Waste Management 2018: $900.00 Water/Sewer: Bucks County Water and Sewer $227/month. Trash removal is $74.93/month. All spaces are heated and air-conditioned by electricity at the tenants expense.***Tenants pay for electric, trash and snow and ice removal. At least 24-48 hours notice required to inform all tenants. Wednesdays are the best days to show the building.
