Traditional, Bi-level, Colonial, Contemporary, Split Level, Unit/Flat

1515 LAKELAND AVENUE

BRISTOL , PA 19007

MLS#: PABU2108376

$475,000

Status: Active
Listing number: PABU2108376
Listing provided by: Keller Williams Realty - Moorestown
Listing agent phone: None
Last update: 8 days ago
On site: 9 days ago
Browse Properties
BRISTOL - Residential

Property

Beds

4

Full Baths

2

1/2 Baths

1

Year Built

1980

Sq.Footage

N/A

Unlock multiple income streams with this mixed-use duplex investment located in the heart of Bristol. The property features a 4-bedroom, 2-bath residential unit currently leased at $1,600/month, providing stable long-term income. Attached is a commercial storefront space that is ideal for a convenience store, deli, grocery, vape/smoke shop, take-out concept, bakery, or neighborhood retail. For an owner-operator, the existing business model can generate approximately $7,000/month in revenue, providing a total potential income of $8,600/month between both units. After normal operating expense assumptions, this property delivers an estimated 15% cap rate—a rare and extremely strong return in today's market. Key Features 🏠 4 Bed / 2 Bath Residential Unit – Currently rented for $1,600/mo 🏪 Operating Storefront – Approx. $7,000/mo revenue for owner-operator 🔑 Mixed-Use = Multiple Income Streams 💸 Cash Flow From Day One 🔥 15% Cap Rate (Owner-Operator Performance) 🚗 On-site parking + strong neighborhood traffic 📍 Convenient Bristol location close to schools, homes, and commuter routes Who This Is Perfect For A business owner who wants to live where they work An investor looking for high cash flow with built-in upside Someone ready to run their own neighborhood store and build community relationships This property is already producing income, already occupied, and already positioned to perform. Deals at this return level do not sit long in Bucks County. Showings by appointment only. Serious inquiries encouraged.

Features & Amenities

Interior

  • Total Bedrooms

    4

  • Bathrooms

    2

  • 1/2 Bathrooms

    1

  • Basement YN

    YES

  • Cooling YN

    YES

  • Cooling

    Central Air, Gas

  • Fireplace YN

    NO

  • Heating YN

    YES

  • Heating

    Central, Natural Gas

  • Main Level Bedrooms

    1

  • Pet friendly

    N/A

Exterior

  • Garage

    Yes

  • Garage spaces

    3

  • Construction Materials

    Brick, Concrete, Stone

  • Parking

    On Street, Garage, Driveway, Parking Lot, Detached Carport, Detached

  • Pool

    Yes

  • Pool Features

    None

  • Waterfront YN

    NO

Area & Lot

  • Property Type

    Residential

  • Property Sub Type

    Single Family Residence

  • Architectural Style

    Traditional, Bi-level, Colonial, Contemporary, Split Level, Unit/Flat

Price

  • Sales Price

    $475,000

  • Tax Amount

    4361.0

  • Sq. Footage

    N/A

  • Price/SqFt

    N/A

HOA

  • Association

    No

School District

  • Elementary School

    N/A

  • Middle School

    N/A

  • High School

    N/A

Property Features

  • Foundation Details

    Concrete Perimeter

  • Senior Community YN

    NO

  • Sewer

    Public Sewer

  • Tax Lot

    248

  • Water Source

    Public

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Location

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Listing Courtesy of Jolon D Davis , Keller Williams Realty - Moorestown

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Agent ChristyIssler

Broker | Owner

ChristyIssler

Call Christy today to schedule a private showing.

(235) 551-212

christy@charisrealty.com


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Unlock multiple income streams with this mixed-use duplex investment located in the heart of Bristol. The property features a 4-bedroom, 2-bath residential unit currently leased at $1,600/month, providing stable long-term income. Attached is a commercial storefront space that is ideal for a convenience store, deli, grocery, vape/smoke shop, take-out concept, bakery, or neighborhood retail. For an owner-operator, the existing business model can generate approximately $7,000/month in revenue, providing a total potential income of $8,600/month between both units. After normal operating expense assumptions, this property delivers an estimated 15% cap rate—a rare and extremely strong return in today's market. Key Features 🏠 4 Bed / 2 Bath Residential Unit – Currently rented for $1,600/mo 🏪 Operating Storefront – Approx. $7,000/mo revenue for owner-operator 🔑 Mixed-Use = Multiple Income Streams 💸 Cash Flow From Day One 🔥 15% Cap Rate (Owner-Operator Performance) 🚗 On-site parking + strong neighborhood traffic 📍 Convenient Bristol location close to schools, homes, and commuter routes Who This Is Perfect For A business owner who wants to live where they work An investor looking for high cash flow with built-in upside Someone ready to run their own neighborhood store and build community relationships This property is already producing income, already occupied, and already positioned to perform. Deals at this return level do not sit long in Bucks County. Showings by appointment only. Serious inquiries encouraged.

1515 LAKELAND AVENUE

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