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355 E Street Rd #339

$375,000

355 E Street Rd #339, Feasterville Trevose, Pa 19053

Active
Last Updated: 02/04/2025

7.2

Cap Rate

27,229

NOI

Details:
Cap Rate:    7.2%
NOI:    $27,229
Year Built:    1990
Zoning:    C
Highlights:
  • Days on Market: 6
  • Parking Features: Lighted Parking, Paved Parking
  • Heating: Forced Air, Central
Description:

Backs - Open Common Area, Backs to Trees, Landscaping, Road Frontage

Great investment opportunity to own this very well maintained 1700 sq ft office in Sterners Mill Office Condo Association. This development is centrally located in Feasterville, Bucks county. Close to Turnpike, 95 and Route 1. The owner is part of a larger Physicians group that has been operating in this location for over 10 years. The group is selling the practice and the new owner is interested in signing a long term lease in this location for $3,700 to $ 3,800 a month rent and will pay all utilities and insurance. Landlord will only pay monthly condo fees of $324 and yearly RE Taxes of $10,883. Nice 7.5% to 8 % Cap rate on this turn key investment.

Map:
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