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13-15 S State Street, Newtown, PA 18940

$1,950,000

  • For Sale
  • Active
  • Retail
13-15 S State Street, Newtown, PA 18940View this property at 13-15 S State Street, Newtown, PA 18940
13-15 S State StreetNewtownPA18940
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Welcome to historic 13 - 15 South State Street (the largest building on the block) in the heart of Newtown Borough. This treasured building is home to 5 residential apartments (floors 2 and 3) and 2 successful businesses (Calm Waters & Blossom) on the first floor. The cafe sides was completely redone after taking it to the studs when owners purchased. All units are currently rented. 4 of the 5 apartments have been recently renovated top to bottom. 3 of the units are 1 bedroom with 2 being studios. Other recent property updates include new Bilco basement doors, new drainage system in basement, new flashing on doors and windows. Perfect investment opportunity to step in and own a successful muti-unit mixed used property in desirable downtown Newtown, Bucks County.

Full Property Details for 1315 S State St

General

  • Price: $1,950,000
  • Taxes: $18,152 (2024)
  • Status: Active
  • Type: Retail
  • Source: BrightMLSPhilly
  • MLS ID: PABU2074844
  • Updated: 10/4/2024
  • Added to Site: 89 day(s) ago

Business

  • Business Type: Apartment Building, Professional, Restaurant/Bar, Oth

Interior

  • Flooring: Carpet, Ceramic Tile, Hardwood, Laminate Plank, Luxury Vinyl Tile, Vinyl

Rooms

Bathrooms

  • Restrooms: 8

Parking

  • Total Spaces: 6
  • Parking Type: Parking Lot, On Street

Location

  • Area: Newtown Boro (10128)
  • Municipality: NEWTOWN BORO
  • County: Bucks
  • Driving Directions: Near Washington and State St.
  • Historic District: Yes

Heating & Cooling

  • Central air: Yes
  • Cooling Type: Central A/C
  • Cooling Fuel: Electric
  • Heating Type: Forced Air, Radiant
  • Heating Fuel: Electric
  • Water Heater: Electric

Utilities

  • Sewer: Public Sewer
  • Water: Public

Structural Information

  • Construction: Brick, Masonry
  • Foundation: Slab, Block
  • Roof: Flat
  • Entry Floor Number: 1
  • Stories/Levels: 3
  • Year Built: 1940
  • Year Built Source: Estimated
  • Property Condition: Very Good

Unit Information

  • # Tenants: Multiple

Lot Features

  • Lot Size (Acres): 0.11
  • Lot Size (Sq. Ft.): 4,828
  • Lot Size Source: Assessor
  • Lot Dimensions: 34.00 x 142.00
  • Zoning: VC

Financial Considerations

  • Operating Expenses: $2,746
  • Assessment Year: 2024
  • School Tax: $13,852
  • City/TownTax: $1,795
  • City/TownTax Freq: Annually
  • County Tax: $2,504
  • County Tax Freq: Annually
  • Tax w/Assessment: $98,400
  • Tax Amount: $18,152
  • Tax Year: 2024
  • Owner Pays: Insurance, Sewer, Trash Collection, Water, Other
  • Landlord Pays: Insurance, Sewer, Trash Collection, Water, Other

Disclosures and Reports

  • Ownership: Fee Simple
  • Investment: Yes
  • Lot Number: 51

Listed by Tucker Realty, Dave Marcolla

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Listing agent

— 1315 S State St —

  • Dave Marcolla

    Tucker Realty

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 1315 S State St

School District:Council Rock School District
RatingNameGradesDistance
8
Goodnoe Elementary School
298 Frost Ln, Newtown, PA 18940
PK-81.2 mi
7
Newtown Middle School
116 Newtown Richboro Rd, Newtown, PA 18940
6-81.2 mi
9
Council Rock High School North
62 Swamp Rd, Newtown, PA 18940
9-121.2 mi
Disclaimer: School ratings provided by GreatSchools. Ratings are on a scale of 1-10. Learn more about GreatSchools ratings. School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 1315 S State St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
9/06/2024
Price Reduced
$1,950,000
-9.3%
MLS
7/10/2024
Listed
$2,150,000
22.86%
MLS
3/29/2019
Sold
$1,750,000
—
Public Record
Get Price Alerts and Save Property
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 for 1315 S State St

Year
Property Taxes
Change
Tax Assessment
Change
2024
$17,993
3%
$98,400
—
2023
$17,433
1%
$98,400
—
2022
$17,270
3%
$98,400
—
2021
$16,720
2%
$98,400
—
2020
$16,334
3%
$98,400
—
2019
$15,922
2%
$98,400
—
2018
$15,637
3%
$98,400
—
2017
$15,175
2%
$98,400
—
2016
$14,904
—
$98,400
—
2015
$14,875
3%
$98,400
—
2014
$14,388
—
$98,400
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Listed by Tucker Realty, Dave Marcolla

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13-15 S State Street, Newtown, PA 18940 (MLS# PABU2074844) is a Retail property. 13-15 S State Street is currently listed for $1,950,000 and was received on July 10, 2024. Want to learn more about 13-15 S State Street? Do you have questions about finding other Retail real estate for sale in Newtown? You can browse all Newtown real estate or contact a Coldwell Banker agent to request more information.

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