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.
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Listing Snapshot
Price
$510,000
Days On Site
198 Days
Bedrooms
36
Inside Area (SqFt)
2,093 sqft
Total Baths
N/A
Full Baths
N/A
Partial Baths
N/A
Lot Size
0.24 Acres
Year Built
1920
MLS® Number
PABU2116248
Status
Active Under Contract
Property Tax
$3,295
HOA/Condo/Coop Fees
N/A
Sq Ft Source
Assessor
Friends & Family
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Recent Activity
a week ago
Listing updated with changes from the MLS®
a month ago
Status changed to Active Under Contract
a month ago
Price changed to $510,000
7 months ago
Listing first seen on site
General Features
Acres
0.24
Foundation
Concrete Perimeter
Parking
Parking Lot
Property Sub Type
Duplex
Sewer
Public Sewer
Special Circumstances
Standard
SqFt Above
2093
SqFt Total
2093
Style
Victorian
Water Source
Public
Zoning
R2
Interior Features
Appliances
Electric Water Heater
Cooling
Central AirElectric
Fireplace
Yes
Fireplaces
1
Heating
OilHot Water
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Exterior Features
Construction Details
Frame
Pool Features
None
Community Features
MLS Area
Chalfont Boro (10107)
School District
CENTRAL BUCKS
Schools
School District
CENTRAL BUCKS
Elementary School
Unknown
Middle School
Unknown
High School
Unknown
Listing courtesy of Iron Valley Real Estate Doylestown
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