403 Washington Ave Sellersville Boro, PA 18960
Property details
About 403 Washington Ave
This stunning, fully occupied, cash-flowing, turnkey, 7-unit multifamily fuels $112,800 in VERIFIED gross income and $99,453 in net income, commanding a 7%+ cap with no work to do for the lucky buyer. Sellers have completely renovated the property, which is the neighborhood's shining gem, with a construction investment of roughly $500K to rehab and update the entire building from roof to basement. Upgrades include Re-pointed Brick, 25+ NEW windows, new electric, new flooring, fresh paint, and brand-new baseboard heaters installed in all units, an updated roof, all-new electric water heaters, and completely remodeled kitchens, BRs, living areas, and bathrooms. All newer appliances, some stainless. NEW LAUNDRY - 2 brand-new coin-operated washer/dryers for the tenants have just been installed. There are five (5) large 1BR/1BA units, one (1) 2BR/1BA, and one (1) very large, 3-story 3BR/2BA. All brand new, clean, friendly tenants that love the rebranding of this property and have 1-year leases. This property is located in Bucks County, next to Grandview Hospital, less than an hour from Philly, and within a quiet residential neighborhood with half-million-dollar homes. Minutes away from highways, shopping, and located near a police station and a church. NOTE - The owners love this property and poured their hearts into the renovations. They are selling to the lucky buyer. One of the sellers is a licensed RE agent. The same seller has a few other multi-families to sell in Allentown.
Highlights
Virtual tour
Summary
- Full Bathrooms: 7
- Flooring Type: Carpet, Hardwood
- Interior: Balcony
- Total Bedroom Count: 11
- Parking: Driveway, Off Street, On Street
- Heating: Baseboard, Electric
- Cooling: Wall Unit(s)
- List Price: $1,400,000
- Price/SqFt: $378
- Directions: Follow I-78 W, US-22 E and I-476 S to PA-663 S in Milford Township. Take exit 44 from I-476 S 22 min (21.4 mi) Take Krammes Rd, PA-309 S/S West End Blvd and Bethlehem Pike to Washington Ave in Sellersville 17 min (10.3 mi) and hit 403
- Year Built: 1900
- Stories: 3
- Living Area: 3,696 SqFt
- Lot Size: 0.314 Acres
- MLS Number: 757526
- MLS Name: HIGH
- Office Name: EXP Realty LLC
- Office Phone: (888) 397-7352
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Price information
Property sales
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Tax history
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Nearby schools
7
West Rockhill Elementary School
Public District KG-5
0.6 mi
•1000 Washington Ave
7
Sellersville Elementary School
Public District KG-5
1.0 mi
•122 W Ridge Ave
6
Patricia A. Guth Elementary School
Public District KG-5
1.8 mi
•601 N 7th St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $72,230. The majority of Sellersville Boro, PA residents have income between $35k-100k annually. Most families are single, no kids. Most residents in this area have post secondary degree education.
Frequently asked questions
About 403 Washington Ave
The listing price of 403 Washington Ave property is $1,400,000.
The property 403 Washington Ave is a condo located in Sellersville Boro, Pennsylvania, 18960.
Active Listing: 403 Washington Ave is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 403 Washington Ave are: West Rockhill Elementary School (GreatSchools Rating 7/10), Sellersville Elementary School (GreatSchools Rating 7/10), Patricia A. Guth Elementary School (GreatSchools Rating 6/10), South Middle School (GreatSchools Rating 5/10), Central Middle School (GreatSchools Rating 6/10), North Middle School (GreatSchools Rating 6/10), Pennridge High School (GreatSchools Rating 6/10), Souderton Area High School (GreatSchools Rating 8/10), Quakertown Senior High School (GreatSchools Rating 5/10).
The property at 403 Washington Ave has 11 bedrooms and 7 bathrooms.
The property 403 Washington Ave is 3,696 SqFt (source: MLS/tax record).
The year of construction for 403 Washington Ave is 1900.
This home is located at 403 Washington Ave in Sellersville Boro, PA and zip code 18960. This 3,696 square foot home, which was built in 1900, sits on a 0.31 acre lot. Features: 11 bedrooms, 7 bathrooms. It has been listed on Rocket Homes since May 15, 2025 and is currently priced at $1,400,000.
The inventory of homes for sale in Sellersville Boro, PA between May and June 2025 increased by 63.2%. Listings spent 73 days on the market in June 2025, and had a median list price of $478,000 during the same period.