Thomas Flinn - Coldwell Banker Hearthside
1106 Richlandtown Pike
QUAKERTOWN, PA 18951

$1,249,000

Description

This gorgeous slice of Upper Bucks County offering fertile farmland and mature woodlands is ready for your imagination! Located on the outskirts of Richlandtown Borough, a place rich in history and founded in 1890, the two parcels total 48.15 acres and present a multitude of possibilities. Currently farmed, the property includes 4 detached homes each with separate septic system and a total of 17 bedrooms in 10 rental units. All units are rented and the annual rental income and land lease income is $105,100. There is the possibility of subdividing with 2-acre minimum on the larger parcel and 15,000sf minimum lot sizes on the smaller parcel. The owners have several preliminary plans available for review. The area is ripe for growth. In addition, a Bucks Co conservancy has expressed interest in this land, as has a national home builder. Due to the flat and open land, this property is also ideal for a horse farm. The farm hands will have already-built housing and there is plenty of room to build your dream farm house! Or consider a family compound get-away in under 2 hours from NYC and an hour from Philadelphia. The Lehigh Valley, the fastest growing area of PA, is a quick 20 minutes. Broaden your horizons and recognize strong investment return at Windsor Farm!

Details

MLS#1000240733
StyleIndustrial
Sub-TypeResale
StatusActive
Year1901
Days On Site328

Features

Story(s)0
ZoningRA

Market Activity 18951

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Area Information

StatePA
CityQUAKERTOWN
Zip Code18951
AreaRichland Twp (10136)
Listing VS Median (in 18951)
Price:
$1,249,000
low | high
Med:
$285,000
100% of Average
On Site:
328
low | high
Med:
81
100% of Average
Listing Updated: 11/18/2018
MLS Number: 1000240733
Listing Provided By:
Michael J Strickland  of  Kurfiss Sothebys International Realty-New Hope

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