A rare opportunity to acquire a fully leased, character-rich Bucks County asset with immediate income and clear upside—ideal for both seasoned investors and lifestyle buyers seeking a hybrid investment. This fully rented 5-unit farmhouse conversion is situated on nearly 6 acres in desirable Buckingham Township, offering immediate cash flow with strong upside potential. The property includes four units within the main farmhouse and a detached, carriage house (Unit 5), creating a diversified and stable income stream. All units are generously sized and reflect sought-after Bucks County character. Unit 4 (former horse stable) and Unit 5 (carriage house) have been fully renovated, while three remaining units present value-add opportunities through future updates and rent optimization. Current rents are below market, with nearby comps supporting increased income opportunities. At the current asking price of $1,595,000, the property delivers an approximate 6.5% in-place cap rate, offering investors a strong in-place return with compelling potential to elevate both income and long-term value. Tenants pay all utilities except water, helping maintain low operating expenses. Additional income is generated through garage rentals, and a full basement provides valuable storage. The property also benefits from a newer septic system and ample on-site parking. Current, below market rents are: $1950 (3 beds, 1.5 baths) $1950 (3 beds, 2 baths) $1750 (2 beds, 1.5 baths) $1975 (1 bed, 1.5 baths) $2870 (3 beds, 2.5 baths) Located just minutes from Doylestown, New Hope, and major commuter routes, this is a rare opportunity to acquire a stabilized asset with both immediate income and long-term appreciation potential. 12 parking spots not including garages. Showings available late afternoons by appointment only with listing agent with 24-hour notice. Serious inquiries only.
Furlong is located in Pennsylvania. Furlong, Pennsylvania has a population of 6,888. Furlong is more family-centric than the surrounding county with 59.07% of the households containing married families with children. The county average for households married with children is 32.42%.
The median household income in Furlong, Pennsylvania is $186,214. The median household income for the surrounding county is $99,302 compared to the national median of $69,021. The median age of people living in Furlong is 40.1 years.
The average high temperature in July is 84.7 degrees, with an average low temperature in January of 22.2 degrees. The average rainfall is approximately 48.5 inches per year, with 21.6 inches of snow per year.