1434 W Broad ST, Quakertown Boro, PA 18951
1434 W Broad ST, Quakertown Boro, PA 18951
1434 W Broad ST, Quakertown Boro, PA 18951
1434 W Broad ST, Quakertown Boro, PA 18951
1434 W Broad ST, Quakertown Boro, PA 18951
1434 W Broad ST, Quakertown Boro, PA 18951
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$ 769,000
Est. payment | /mo

2,573 SqFt


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$ 769,000
Est. payment | /mo
Save

2,573 SqFt

Key Details

Property Type Commercial

Sub Type Apartment

Listing Status Active

Purchase Type For Sale

Square Footage 2,573 sqft

Price per Sqft $298

MLS Listing ID 775017

Construction Status Unknown

HOA Y/N No

Year Built 1800

Annual Tax Amount $6,370

Lot Size 9,147 Sqft

Acres 0.21

Lot Dimensions 108.00 x 90.00

Property Sub-Type Apartment

Property Description

Positioned in a high-visibility, high-foot-traffic corridor of downtown Quakertown, 1434 W Broad St represents a premier value-add opportunity for the yield-focused investor looking to manufacture significant equity. Built in 1734, this landmark stone property seamlessly blends its historic Bucks County heritage with a highly functional, diversified three-unit footprint, currently configured as two ground-floor commercial suites and an upper-level residence. The asset presently generates a baseline 6% rate of return; however, this yield is heavily suppressed by an owner-occupied unit and existing under-market rents, offering an incoming buyer an immediate path to aggressive revenue growth. Because all current tenants are on short-term leases, a new owner faces zero friction or lengthy delays in transitioning the asset to market rates or implementing a landlord-favorable Triple Net (NNN) structure. Furthermore, immediate net operating income (NOI) optimization can be achieved by restructuring the current owner-pays-all-utilities model through sub-metering or a Ratio Utility Billing System (RUBS) to sharply lower operating expenses. Backed by an exceptional location featuring 13 dedicated off-street parking spaces—a rare and premium competitive advantage in a historic borough—and rapid logistical connectivity to Route 309, Route 313, and the PA Turnpike, this generational asset provides a rock-solid foundation with a clear-cut trajectory for cap rate compression and rapid portfolio expansion.

Location

State PA

County Bucks

Area Quakertown

Direction From PA-309 North/South: Take the exit for PA-663/Quakertown. Follow W Broad St (PA-663) west. The destination will be on the right, past the intersection with S West End Blvd.

Interior

Heating Gas

Cooling Central Air

Inclusions Lease, Lease Business

Fireplace No

Exterior

Parking Features Parking Lot

Water Access Desc Public

Roof Type Other

Street Surface Other

Total Parking Spaces 13

Building

Sewer Public Sewer

Water Public

Construction Status Unknown

Schools

School District Quakertown Community

Others

Tax ID 35-002-023

Special Listing Condition None

Listed by Keller Williams Realty Group

Nearby Locations

Heather McFadden

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(610) 360-1137

heather.m@morganelliproperties.com

1124 Linden Street, Bethlehem, Pennsylvania 18018, USA

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1434 W Broad ST