!!CALLING ALL INVESTORS - CAP RATE OF 12+ with projected rents!! TWO SEPARATE SINGLE FAMILY HOUSES + A STORAGE/OFFICE SPACE. First House: 14 Grieb is a single story home with 4 bedrooms, 2 full bathrooms. This home also has an attached storage/office addition with private entrance (no access from the main house that offers the potential for extra rental income). Second House: 16 Grieb, is a 2 story cape home with 4 bedrooms, 2 full bathrooms. This home features a first floor bedroom, and the remaining 3 bedrooms upstairs. This home also features a full basement. Separate parking is available for both homes. Ideally located close to the PA Turnpike, I 295, Routes 13 and Levittown Station providing direct access to Center City for easy commuting AND near a variety of restaurants and shopping in nearby Bristol Boro! Perfect for investors or an owner-occupant – live in one home and rent the other! 14 Grieb is currently vacant, 16 Grieb is tenant occupied with a long term tenant who wishes to stay. 14 Grieb projected rent is $2000, 16 Grieb projected rent is $2500, office/storage space projected rent $1000, for a cap rate of over 12!
Levittown is located in Pennsylvania. Levittown, Pennsylvania has a population of 51,100. Levittown is less family-centric than the surrounding county with 30.65% of the households containing married families with children. The county average for households married with children is 32.42%.
The median household income in Levittown, Pennsylvania is $90,794. 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 Levittown is 40.2 years.
The average high temperature in July is 85.5 degrees, with an average low temperature in January of 22.9 degrees. The average rainfall is approximately 47.6 inches per year, with 13.9 inches of snow per year.
