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$3,985,000 Just Listed
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Property Description
An exceptional mixed-use investment opportunity in the heart of downtown New Hope. Prominently positioned along one of the borough's most visible commercial corridors, this fully renovated property consists of three commercial storefronts and six residential apartments, offering a rare combination of strong in-place income, recent capital improvements, and long-term upside in one of Bucks County's most sought-after destinations. The commercial component benefits from excellent street exposure, steady foot traffic, and established tenants, while the residential offerings include a desirable mix of one- to four-bedroom apartments that command strong rental demand. Five of the six residential units have undergone extensive recent renovations, including updated kitchens, bathrooms, flooring, lighting, appliances, and fresh interior finishes. Several units feature multi-level, luxurious townhouse-style layouts, exposed brick, and private outdoor spaces, further enhancing their appeal. Ownership has made substantial investments throughout the property, including exterior painting and maintenance, renovated common areas, new patios and decks, upgraded steps and footings, and roof improvements. A valuable private parking lot located behind the buildings provides a significant competitive advantage in downtown New Hope, where dedicated parking is increasingly difficult to secure. Residents and commercial tenants alike benefit from convenient off-street parking while remaining just steps from the town's renowned restaurants, galleries, boutiques, entertainment venues, and the Delaware River. With a diverse income stream, attractive tenant mix, extensive recent improvements, and an irreplaceable downtown location, this is a rare opportunity to acquire a high-performing investment asset in the center of New Hope, PA.
Full Property Details
Full Property Details for 12-20 W Bridge St
General
- Price: $3,985,000
- Taxes: $20,655 (2025)
- Status: Active
- Type: Apartment
- Source: BrightMLSPhilly
- MLS ID: PABU2124120
- Updated: 6/18/2026
- Added to Site: 1 day(s) ago
Business
- Business Type: Other/General Retail, Apartment Building
Parking
- Total Spaces: 15
- Parking Features: Private
- Parking Type: Parking Lot
Location
- Area: New Hope Boro (10127)
- Municipality: NEW HOPE BORO
- County: BUCKS
- Driving Directions: Heading west on W Bridge Street from Main Street, property on the right.
- Location Details: Downtown
Heating & Cooling
- Cooling Type: Wall Unit, Ductless/Mini-Split
- Cooling Fuel: Natural Gas
- Heating Type: Baseboard - Hot Water, Radiator
- Heating Fuel: Natural Gas
- Water Heater: Multi-tank
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Construction: Frame
- Foundation: Concrete Perimeter
- Building Size: 8247
- Year Built: 1800
- Year Built Source: Estimated
- Property Condition: Excellent
Unit Information
- # Tenants: Multiple
Lot Features
- Property View: City
- Lot Size (Acres): 0.32
- Lot Size (Sq. Ft.): 13,939
- Lot Size Source: Estimated
- Zoning: CC
- Lot Description: Level, Premium
Financial Considerations
- Price Per Sq. Ft.: $483.21
- Assessment Year: 2026
- School Tax: $15,184
- City/TownTax: $1,735
- City/TownTax Freq: Annually
- County Tax: $3,735
- County Tax Freq: Annually
- Tax w/Assessment: $126,000
- Tax Amount: $20,655
- Tax Year: 2025
Disclosures and Reports
- Ownership: Fee Simple
- Investment: Yes
- Lot Number: 28
Listed by Compass Pennsylvania, LLC, Revi M Haviv
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Price & Sales History for 12-20 W Bridge St
Date
Details
Price
Change
Source
6/18/2026
Listed
$3,985,000
81.14%
MLS
2/12/2025
Sold
$2,200,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 12-20 W Bridge St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$19,794
3%
$126,000
—
2024
$19,232
3%
$126,000
—
2023
$18,705
1%
$126,000
—
2022
$18,569
2%
$126,000
—
2021
$18,172
2%
$126,000
—
2020
$17,837
2%
$126,000
—
2019
$17,421
2%
$126,000
—
2018
$17,125
4%
$126,000
—
2017
$16,494
3%
$126,000
—
2016
$15,952
2%
$126,000
—
2015
$15,616
2%
$126,000
—
2014
$15,319
—
$126,000
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 12-20 W Bridge St
12-20 W Bridge Street, New Hope, PA 18938 (MLS# PABU2124120) is a Apartment property. 12-20 W Bridge Street is currently listed for $3,985,000 and was received on June 18, 2026. Want to learn more about 12-20 W Bridge Street? Do you have questions about finding other Apartment real estate for sale in New Hope? You can browse all New Hope real estate or contact a Coldwell Banker agent to request more information.

