119 YORK ROAD, WARMINSTER, PA 18974
BUCKS County
Key Facts
Description
Excellent investment opportunity at 119 York Road featuring a mixed-use commercial property with multiple income streams and future potential. The property includes a second floor residential apartment generating $2,100/month with a lease in place through November 15, 2026. Additional income is produced from the rear parking lot leased to a car dealership at $1,200/month on a month-to-month basis, along with two additional parking spaces rented for $250/month total. The entire lower level is currently occupied by Smart Decor and offers flexible ground level commercial space, including a walk-in refrigerator. The lower level includes three bathrooms, one with a full shower. Utilities feature three electric zones (two commercial, one apartment) and a single water bill servicing the property. Heating is provided by two oil heaters (separate systems for apartment and commercial space) along with two mini-split units for additional climate control. The property also includes a storage shed with electric service, 32 parking spaces, and potential subdivision opportunities (buyer to verify with township). Ideal for investors or owner-users seeking strong cash flow with upside potential. The property has direct road access and frontage at the front and rear allowing convenient entry / exit options. There is a garage door opening at the rear of the building that was converted to a bar, but could be opened up again.
Property Information
Property Type
Residential Income
Sub-Type
Multi Family
Structure Type
House
Year Built
1947
Stories
2
Living Area
3,764 sq ft
Lot Size
0.54 acres
Zoning
C
Days on Market
93
MLS® Listing#
PABU2116374
Property Features
Appliances
Cooling
Heating
Pool
Parking
Construction
Foundation
Roof
Sewer
Water Source
Schools
- District:
- CENTENNIAL
Financial Details
Annual Taxes
$12,017
Tax year 2023
Assessed Value
$57,480
Parcel Number
49-018-074
Directions
From County Line Road go north on York rd and the property is on your Right. ( between street road and county line road
Affordability Calculator
$220,000
Estimated monthly payment
$5,855/mo
Principal $880,000 · Est. interest $1,227,678 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in WARMINSTER, PA
- $578,571
- Median Listing Price
- 59
- Median Days on Market
- 2,042
- Median Sq Ft
- $289
- Median Price / Sq Ft
- 47
- Active Listings
- This home’s price is 90% above the area median.
- Its price per sq ft is 1% above the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in WARMINSTER, PA.
Location
Points of Interest in WARMINSTER, PA
Showing the WARMINSTER area map.
Nearby Schools
St John's Lutheran Church
Elementary · 0.4 mi away
Crooked Billet Elementary School
Elementary · 0.6 mi away
Blair Mill Elementary School
Elementary · 0.7 mi away
Nativity of Our Lord
School · 0.9 mi away
Leary Elementary School
Elementary · 0.9 mi away
Play & Learn
School · 1.0 mi away
Keystone Freedom Academy
School · 1.3 mi away
Keith Valley Middle School
Secondary · 1.4 mi away
Centennial Education Foundation - Cef
School · 1.4 mi away
Pennypack Elementary School
Elementary · 1.4 mi away
Montessori Children's House
Elementary · 1.4 mi away
Log College Middle School
Secondary School · 1.5 mi away
Willow Dale Elementary School
Elementary · 1.5 mi away
Quaker School at Horsham
Elementary · 1.5 mi away
Round Meadow Elementary School
Elementary · 1.5 mi away
Hatboro-Horsham Educational Foundation
Secondary · 1.5 mi away
Upper Moreland Intermediate School
Elementary · 1.5 mi away
Upper Moreland Middle School
Secondary · 1.6 mi away
Hatboro-Horsham School District
School · 1.7 mi away
Hallowell Elementary School
Elementary · 1.8 mi away
Commute Calculator
Nearby Homes
Similar Homes Nearby
Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 1184 HARPER DRIVE, WARMINSTER, PA | $850,000 | 4 | 4 | 2,878 |
| 55 PARRY WAY, WARMINSTER, PA | $859,900 | 3 | 4 | 1,978 |
| 1265 OLD YORK ROAD, WARMINSTER, PA | $880,000 | 6 | 4 | 1,987 |
| 1145 HARPER DRIVE, WARMINSTER, PA | $950,000 | 4 | 5 | 2,916 |
| STONY ROAD ROLLINS, WARMINSTER, PA | $1,419,995 | 4 | 4 | 3,677 |
Moving Cost Estimate
EXIT Agents in WARMINSTER
Listing Courtesy: Innovate Real Estate - 2673676626