1093 Durham Road, NEWTOWN, Pennsylvania image 1

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MLS: #PABU2131708, Listed By: Shawn Warner, Cambridge Select Realty, Source:Bright MLS

1093 Durham Road

NEWTOWN, PA 18940

$700,000 $2,951/Mo

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Overview

Bed

Bath

2,572

Sqft

0.56

Acre(Lot)

Description

Welcome to a unique investment opportunity featuring a three-unit residential property with a detached barn converted into retail space. The property offers a distinctive combination of residential rental income, additional commercial space, and value-add potential. The main building consists of three residential units. The first unit features 1 bedroom and 1 full bathroom. The second unit offers 3 bedrooms, 1 full bathroom, and a walk-up attic providing additional space. The third unit is a studio-style layout with 1 bedroom, 1 half bathroom, and a separate shower area. The residential units are currently occupied and generating rental income. The first and second-floor units are leased to the same tenant on a month-to-month basis at $2,850 per month. The tenant is also responsible for grass cutting and shrub trimming. The third unit is currently rented on a month-to-month basis for $1,300 per month. Combined residential rental income is currently $4,150 per month, or $49,800 annually, excluding any additional income from the retail space. In addition to the residential units, the property includes a detached barn that has been converted into retail space, providing an additional commercial component and potential income stream. The property is currently used as a nonconforming residential use. Buyers are encouraged to perform their own due diligence regarding zoning, permitted uses, property condition, leases, and any future use of the property. The property features timeless character and charm and presents an opportunity for an investor looking to renovate and update while preserving the property's unique character. The building does require TLC and updating, offering potential for improvements and increased value. With three residential units, established month-to-month tenancy, current rental income, additional retail space, and value-add potential, this property offers a unique investment opportunity.

Property Details

Property Type : Residential Income

Price : $700,000

AD Id : 91436474

MLS Id : PABU2131708

Beds : 5

Lot Size : 0.56 Acre

Living Area Size : 2,572 Sq. Ft

Tax Amount : $6,411

Year Built : 1900

County : BUCKS

Map

What's Nearby

Nearby Areas

Features

Bedroom Information

Total beds: 5

Room Information

Rooms Total: 5 Has Basement: Yes Basement: Unfinished
Heating & Cooling

Has Heating: Yes Heating: Natural Gas, Radiant Has Cooling: Yes Cooling: Window Unit(s), Electric

Building Information

Year Built: 1900 Building Area Total: 2572 Construction Materials: Vinyl Siding Pool Features: None Private Pool: No

Lot Information

Lot Size Acres: 0.56 Lot Size Source: Estimated Lot Size Square Feet: 24300.17

Listing Price Information

Listing Price: $700000

Tax Information

Parcel Number: 53-004-002 Tax Year: 2026 Annual Tax: $6411

Parking Information

Parking Lot

Location Information

Direction: Across the parking lot from the post office building WaterSource: Well

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ByOwner last updated this listing 10/01/2026 @ 16:55

MLS: PABU2131708 LISTED BY: Shawn Warner, Cambridge Select Realty 215-703-6600 SOURCE: Bright MLS