83 Hamilton StDoylestown, PA 18901

Property Details for 83 Hamilton St

Year built

2006

Property size (Sq ft)

3,475 SF

Zone code

CC

Property type

Retail residential properties

APN

08-008-281-001

APU

8008281001

Description

This exceptional mixed-use property in the heart of Doylestown, Pennsylvania, presents a lucrative investment opportunity. Situated at 83 S Hamilton Street, this 3,450 square foot building offers a blend of commercial and residential space, perfectly positioned to capitalize on Doylestown's vibrant atmosphere. The property boasts a spacious 2,400 square foot, three-bedroom, three-bathroom apartment on the upper levels, complete with a private garage. This unit provides ample living space and significant rental income potential. The ground floor features a 1,000 square foot retail space currently occupied by a long-term tenant, ensuring a steady stream of revenue. Adding to the property's value is a 1,000 square foot basement, currently utilized for storage. The property's convenient location offers easy access to Doylestown's numerous attractions, including restaurants, museums, and other amenities. The SEPTA Regional Rail Train station is a mere two blocks away, enhancing its accessibility and appeal. Three parking spaces are available in a shared lot with Jules Pizza. This property is an ideal combination of established income and future growth potential, making it a compelling investment in a thriving Pennsylvania borough. The asking price is $1,375,000.

• CAP approach

  CAP return

  Valuation

  6%

  $1,070,422

  6.5%

  $988,082

  7%

  $917,505

• Comparable approach

  Method

  Valuation

  Relative Method

  $708,498

  Geo Method

  $703,767

• Alternative Use

  Use

  Valuation

  Residential

  $988,082

  Hospitality

  $905,078

  Educational

  $753,014

  Medical

  $778,912

  Retail

  $1,171,356

Location Insight

City

Doylestown

County

Bucks

State

Pennsylvania

Latitude

40.3081

Longitude

-75.1301

CBSA code

37980

CBSA name

PHILADELPHIA-CAMDEN-WILMINGTON, PA-NJ-DE-MD METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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