1106 Richlandtown PIKE Richland, PA 18951

$1,249,000
1106 Richlandtown PIKE, Richland, PA 18951
539064

Multi-Family Home for sale in Richland, PA

for $1,249,000 with 17 bedrooms and 11 full baths. This home was built in 1900 on a lot size of 48.150 Acre(s).

Property Information

  • $1,249,000
  • 17 Bedrooms
  • 11 Full Baths
  • Multi-Family
  • Taxes are $20,910
  • Apartment
  • Active
  • Lot size of 48.150 Acre(s)
  • Built in 1900
  • Richland, PA
  • Lebanon County
  • MLS/Web ID is 539064

 Virtual Tour

Description

Upper Bucks Co parcels totaling 48 acres of fertile farmland and mature woodlands present a multitude of possibilities. Currently farmed, the property includes 4 detached homes each with separate septic and a total of 17 bedrooms in 10 rental units. All units are rented and the annual rental and farm land income is $104, 800. Possible subdivision with 2-acre minimum on the large parcel and 15, 000sf minimum lot sizes on the small parcel, and the owners have several preliminary plans available. The area is ripe for growth. In addition, a Bucks Co conservancy has expressed interest in this land, as has a national home builder. This property is also ideal for a horse farm with flat, open land and 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 and I78 is a quick 20 minutes. Broaden your horizons and recognize strong investment return at Windsor Farm!

Interior 4

Cooling System

  • Ceiling Fan(s)
  • Wall Unit(s)

Heating System

  • Baseboard
  • Electric
  • Hot Water

Sewer

  • Septic System

Water Source

  • Shared
  • Well

Exterior 3

Construction

  • Brick
  • Stucco
  • Vinyl

Parking

  • 1-20 Parking Spaces
  • Unpaved

Siding

  • Aluminum
  • Shingle Exterior

Miscellaneous 1

Utilities

  • Electric Overhead

† Excluded Feature

Neighborhood & Schools

School District: Not Applicable

 See complete school information

Listed By

Listing Agent: Michael Strickland
Broker: KURFISS SOTHEBY'S INT. REALTY

1106 Richlandtown PIKE, Richland, PA, 18951 is a Multi-Family Home for sale at $1,249,000 with a lot size of 48.150 Acre(s). 1106 Richlandtown PIKE has 17 bedrooms, 11.0 baths, and was built in 1900. The property's zip code is 18951 which is in Richland, PA

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Pricing History

Date Price Price Change Description
2/22/2018 $1,249,000 -3.85 % Price Change
5/14/2017 $1,299,000 -7.15 % Price Change
2/16/2017 $1,399,000 Listed Price

Market Pricing

Average % of sale price Median % of sale price
All listings in Richland $1,008,058 19 % below $486,000 61 % below
Multi-family listings in Richland $1,249,000 0 % below $1,249,000 0 % below
Sold listings in Richland $136,917 89 % below $142,500 89 % below

Get the facts about Richland, PA!

Population 1,595
Population Growth (since 2000) 8 %
Median Income $55,219
Median Age 40.75
Households w/ Children 31 %

Residential Dwellings

  • Owned 523
  • Vacant 16
  • Rented 114

Similar Listings

Get an Immediate Callback from 9:00 AM - 10:30 PM EST
or Call us at 1-800-839-1363