Bought with Robert Miles • KW Empower
$625,000
$650,000
3.8%For more information regarding the value of a property, please contact us for a free consultation.
140 CRESCENT ST Penndel, PA 19047
1,371 SqFt
Key Details
Sold Price $625,000
Property Type Multi-Family
Sub Type Detached
Listing Status Sold
Purchase Type For Sale
Square Footage 1,371 sqft
Price per Sqft $455
MLS Listing ID PABU2119016
Sold Date 06/22/26
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
Property Description
***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.
Location
State PA
County Bucks
Area Penndel Boro (10132)
Zoning R2
Interior
Hot Water Oil, Natural Gas
Heating Forced Air, Baseboard - Hot Water
Cooling Central A/C
Fireplace N
Heat Source Natural Gas, Electric
Exterior
Garage Spaces 2.0
Water Access N
Accessibility None
Total Parking Spaces 2
Garage N
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
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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