Victorian
152/154 N MAIN STREET
CHALFONT , PA 18914
MLS#: PABU2116242
$580,000
Property
Beds
4
Full Baths
2
1/2 Baths
None
Year Built
1920
Sq.Footage
2,093
Prime investment opportunity in the heart of Chalfont Borough! Welcome to 152/154 N. Main Street, a well‑located fully rented duplex within walking distance to the train station, post office, restaurants, and local amenities—an ideal setup for long‑term tenant demand. The property has been consistently operated as a rental and features long‑term tenants in both units, providing immediate income potential. The first‑floor unit offers two spacious bedrooms, one full bathroom, an eat‑in kitchen, living room, basement access with laundry, and a private rear paver patio—a desirable feature for tenant retention. The second‑floor unit includes a large primary bedroom, a well‑sized second bedroom with in‑unit laundry, one full bathroom, kitchen, living room, and an additional upper level with two large bonus rooms, adding flexibility for increased rental value or alternative use. Tenants may be willing to remain, allowing a new owner to step into an established income‑producing property. Per existing leases, 30 days’ notice is required to vacate, offering flexibility for future repositioning or owner occupancy. This property presents multiple exit strategies: continue as a buy‑and‑hold rental, increase rents over time, or occupy one unit while generating income from the other. Strong location, proven rental history, and versatile layout make this a compelling addition to any investment portfolio.
Features & Amenities
Interior
-
Other Interior Features
Eat-in Kitchen, Ceiling Fan(s)
-
Total Bedrooms
4
-
Bathrooms
2
-
Above Grade Finished Area
2093.0
-
Basement YN
YES
-
Cooling YN
YES
-
Cooling
Central Air, Ceiling Fan(s)
-
Fireplace YN
NO
-
Heating YN
YES
-
Heating
Oil, Hot Water, Baseboard
-
Main Level Bedrooms
2
-
Pet friendly
No
Exterior
-
Garage
No
-
Construction Materials
Frame
-
Parking
Off Street, Alley Access, Other
-
Pool
Yes
-
Pool Features
None
-
Waterfront YN
NO
Area & Lot
-
Lot Size(acres)
0.24
-
Property Type
Residential
-
Property Sub Type
Single Family Residence
-
Architectural Style
Victorian
Price
-
Sales Price
$580,000
-
Tax Amount
$2,916
-
Sq. Footage
2, 093
-
Price/SqFt
$277
HOA
-
Association
No
School District
-
Elementary School
N/A
-
Middle School
N/A
-
High School
CENTRAL BUCKS HIGH SCHOOL SOUTH
Property Features
-
Foundation Details
Concrete Perimeter
-
Senior Community YN
NO
-
Sewer
Public Sewer
-
Tax Lot
027
-
Water Source
Public
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Location
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BUCKS
Elementary School
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CENTRAL BUCKS HIGH SCHOOL SOUTH
Listing Courtesy of Jonathan Baker , Iron Valley Real Estate Doylestown
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Owner, President, Investment Property Advisor
Theresa Kehler
Call Theresa today to schedule a private showing.
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