Property
Beds
4
Full Baths
1
1/2 Baths
None
Year Built
1800
Sq.Footage
N/A
A Rare Mixed-Use Investment in the Heart of New Hope Nine Units. Prime Downtown Location. Extensive Renovations. Exceptional Investment Potential. In a market where location is everything and opportunities of this caliber rarely become available, this exceptional mixed-use property offers investors the chance to acquire a significant piece of downtown New Hope. Prominently situated along one of the borough's most vibrant commercial corridors, the property features three street-level commercial storefronts and six residential apartments, combining established income streams, substantial recent capital improvements, and long-term investment potential in one of Bucks County's most desirable destinations. The commercial spaces enjoy prominent street frontage, excellent visibility, and consistent pedestrian activity, benefiting from New Hope's thriving mix of restaurants, galleries, boutiques, and year-round tourism. Established commercial tenants contribute to a diversified income profile, while the six residential apartments offer a desirable mix of one- to four-bedroom layouts in a highly sought-after rental market. Thoughtfully renovated with an emphasis on quality and long-term value, five of the six residential apartments have undergone extensive improvements, including updated kitchens and bathrooms, new flooring, modern lighting, upgraded appliances, and refreshed interior finishes. Select residences feature expansive, multi-level townhouse-style layouts, exposed brick, and private outdoor living spaces, creating a residential experience rarely found in traditional mixed-use investment properties. Significant capital has also been invested in the property's exterior and infrastructure, including exterior painting and maintenance, renovated common areas, new patios and decks, upgraded steps and footings, and roof improvements. These investments enhance the property's overall appeal while providing a strong foundation for continued ownership. Perhaps one of the property's most valuable and difficult-to-replicate features is its private rear parking lot. In the heart of downtown New Hope, where dedicated off-street parking is a premium amenity, this convenience provides a meaningful competitive advantage for both residential and commercial tenants. Just steps from the Delaware River and New Hope's celebrated dining, shopping, arts, and entertainment scene, the property offers the rare combination of an irreplaceable location, multiple income streams, and extensive recent improvements. For investors seeking a distinctive, income-producing asset in a premier Bucks County market, this is an opportunity to own real estate with enduring appeal and long-term potential.
Features & Amenities
Interior
-
Total Bedrooms
4
-
Bathrooms
1
-
Basement YN
NO
-
Cooling YN
YES
-
Cooling
Other, Gas
-
Heating YN
YES
-
Heating
Natural Gas, Baseboard
-
Main Level Bedrooms
4
-
Pet friendly
Yes
Exterior
-
Garage
No
-
Construction Materials
Other
-
Parking
Asphalt, Parking Lot
-
Pool
No
-
Waterfront YN
NO
Area & Lot
-
Lot Size(acres)
0.32
-
Lot Size(square feet)
13,939
-
Property Type
Residential
-
Architectural Style
Other
Price
-
Sales Price
$3,985,000
-
Tax Amount
$21,595
-
Sq. Footage
N/A
-
Price/SqFt
N/A
HOA
-
Association
No
School District
-
Elementary School
N/A
-
Middle School
N/A
-
High School
N/A
Property Features
-
New Construction
NO
-
Association Amenities
None
-
Senior Community YN
NO
-
Sewer
Public Sewer
-
Tax Lot
028
-
Water Source
Public
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Location
County
BUCKS
Elementary School
Middle School
High School
Listing Courtesy of Kylie Miller, SERHANT PENNSYLVANIA LLC
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Salesperson, Realtor
Cindy Wilhelm
Call Cindy today to schedule a private showing.
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