Description
1809 Forest Grove Rd,
Forest Grove,
PA
18922
Take advantage of this terrific opportunity to buy a unique home in Central Bucks School District with rental income! 1809 Forest Grove is currently configured as 3 separate units; the ?Main House?, 2nd floor apartment and the historic Forest Grove Post Office. Enter the Main House from Lower Mountain Road, where there are two parking spots, from the charming covered porch. The living room and dining room feature original wood flooring. Off the living room is the family room with built-in cabinets and vaulted ceilings. The dining room was recently (May 2021) sanded and refinished showing the beauty of the over 200 year old flooring and also offers a wood burning stove in the fireplace in (currently not in use) as well as a recently installed sliding glass door that leads to the backyard deck. The breakfast area and kitchen are off of the dining room. The kitchen includes stainless appliances and plenty of cabinets and an additional exit to the rear deck. Off the kitchen is another flexible space, currently used as a work out room with new carpet. The laundry is located in a closet in this space as well as a bathroom with a shower. There is an access to the hallway to the 2nd floor apartment from this room as well providing an option to rejoin the units, if desired. The 2nd floor apartment features the beautiful original flooring in the living room and one bedroom. A beautiful vaulted ceiling with wood beams is in the living room. The second bedroom is carpeted. The kitchen has space for a small table. A hall bath completes this unit. Exterior includes a rear deck off of the Main House, 7 parking spots (5 along Forest Grove) and a shed. This home was the general store in the mid 1800s and the post office was established in 1877 in the store. The Post Office has been under a long-term lease at $675 and is ready to renegotiate another one by August. It is a 300 sq ft space with a bathroom. Post Office porch recently had extensive repairs. Rental for the 2nd floor apartment is estimated between $1400 and $1600. Main House apartment estimated between $1750 & $2000. There are individual electric meters for all the units.. Each of the apartments have a separate heat pump. Post office has baseboard electric and window air conditioner. Potential additional income over income over$25,000 along with low taxes under $4000 make this a great buy. Property is being sold as-is, seller welcomes inspections for buyers information.
Listing By: BHHS Fox & Roach-Doylestown via Data Source: Bright MLS
Single Family
Property type
Price History
date | price | variance | type | global |
---|
9/28/2021 | $450,000 | - | Sold | view listing |
5/27/2021 | $450,000 | - | Listed |
listing agent: Cynthia Knotts