Multi-Family $ 650,000

140 CRESCENT ST

Penndel, PA 19047

  • 1,371 SqFt
  • 7,350 Lot Size
  • 1930 Year Built
***2 PROPERTIES FOR THE PRICE OF ONE*** Rarely offered, turn-key mixed-use residential investment opportunity in desirable Penndel Borough! This unique property consists of a 4-bedroom single-family home (140 Crescent St) plus a separate 2+1 duplex (also known as 143 Noeland St)—all situated on one parcel, offering strong, immediate cash flow with upside potential.

The single-family residence has been thoughtfully updated throughout and is currently leased for $2,700/month through February 2027, with tenants paying water, electric, and gas. Enter through a heated and cooled enclosed front patio to find a convenient main-level primary suite featuring a private full bath and included stackable washer and dryer. The main level also offers a spacious living room/dining room combination that flows into a beautifully updated eat-in kitchen complete with new cabinetry, granite countertops, and stainless steel appliances including a gas range, built-in microwave, dishwasher, and refrigerator. The upper level hosts three additional bedrooms and a full hall bathroom. Additional highlights include central air, a full basement, and a large yard.

The detached duplex provides two additional income-producing units, both occupied by long-term tenants on month-to-month leases. The first-floor unit is a 1-bedroom layout with a spacious living room, kitchen, full bath, and storage room, currently rented for $1,050/month, with the tenant responsible for electric. The second-floor unit features 2 bedrooms, a living room, kitchen, and full hall bath, rented for $1,250/month, also with tenant-paid electric. The owner currently covers water and oil heat for the duplex.

With three separate income streams, a mix of long-term and flexible lease structures, and a well-maintained, updated main residence, this property is ideal for both seasoned investors and those looking to expand their portfolio.

24-Hour notice required for all showings.
Listed by Better Homes Realty Group

PROPERTY DETAIL

  • Key Details

    Property Type Multi-Family

    Sub Type Detached

    Listing Status Active

    Purchase Type For Sale

    Square Footage 1, 371 sqft

    Price per Sqft $474

    MLS Listing ID PABU2119016

    Style Traditional

    Abv Grd Liv Area 1,371

    Year Built 1930

    Available Date 2026-04-21

    Annual Tax Amount $5,310

    Tax Year 2025

    Lot Size 7,350 Sqft

    Acres 0.17

    Lot Dimensions 50.00 x 147.00

    Property Sub-Type Detached

    Source BRIGHT

  • Location

    State PA

    County Bucks

    Area Penndel Boro (10132)

    Zoning R2

  • Building

    Foundation Slab, Stone

    Above Ground Finished SqFt 1371

    Sewer Public Sewer

    Water Public

    Architectural Style Traditional

    Additional Building Above Grade, Below Grade

    New Construction N

  • Interior

    Hot Water Oil, Natural Gas

    Heating Forced Air, Baseboard - Hot Water

    Cooling Central A/C

    Inclusions 3 Refrigerators, and washer and dryer in the single family home

    Fireplace N

    Heat Source Natural Gas, Electric

  • Exterior

    Garage Spaces 2.0

    Water Access N

    Accessibility None

    Total Parking Spaces 2

    Garage N

  • Schools

    School District Neshaminy

  • Others

    Tax ID 32-003-121

    Ownership Fee Simple

    SqFt Source 1371

    Acceptable Financing Cash, Conventional

    Listing Terms Cash, Conventional

    Financing Cash,Conventional

    Special Listing Condition Standard

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CONTACT

Mike Cirillo
Mike Cirillo

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