MLS® ID: PABU487086
344 S BELLEVUE AVENUE
LANGHORNE, Pennsylvania, 19047 $695,000
A quaint endearing large Victorian house located in the heart of Langhorne Boro. This treasure of a home boasts of charm, location and visibility. Upon entering from the welcoming porch, you can see the fine wood detail and the two gas burning fireplaces. The home is illuminated with an abundance of natural light throughout. Rooms are accentuated with a neutral palate and charismatic original hardwood floors. So many possibilities as to how to develop this property. It could be converted back into a residential home on the first 2 floors containing a large foyer, living room, dining room, kitchen, bathroom, laundry room, large storage room and a play room or bedroom on the first floor and 3 bedrooms, a bathroom and a large walk in closet on the 2nd floor. Or both floors could be used for multiple professional offices. FIRST FLOOR is presently used as a Lawyers Offices. It has a full kitchen, bathroom and two fireplaces. It is rented at $2900/month to the current owner. We feel that it could easily be rented for $2000 per month as an office or converted to a first floor apartment renting for approximately $2500 per month. SECOND FLOOR was rented previously for $1600/month to a financial advisor. It also can be converted to a second floor apartment with a bath, small kitchen living room/dining area and 2 bedrooms or a separate dining room with 1 bedroom at approximately $2,000 per month. THIRD FLOOR is rented at $700/week to 5 people, producing $3,000 monthly income. The 3rd Floor has five bedrooms and they share a newly remodeled kitchen and bathroom. Excellent rental history for the third floor . AT $695,000 CAP = 10%. There is parking for over 10 cars. Home also includes an additional large lot. R2 Zoning would allow for an additional home to be built once the lot is subdivided (would need Borough approval).This would be an excellent property for investors or a builder who could subdivide creating a lot with an estimated value of $150,000. In addition, the residence could be purchased and converted back to a home with the 3rd floor producing $3,000 of income per month. Obviously this property affords countless opportunities.