1515 Lakeland Ave, Bristol, PA 19007
Local realty services provided by:ERA Byrne Realty
1515 Lakeland Ave,Bristol, PA 19007
$475,000
- 4 Beds
- 3 Baths
- - sq. ft.
- Single family
- Active
Listed by:jolon d davis
Office:keller williams realty - moorestown
MLS#:PABU2108376
Source:BRIGHTMLS
Price summary
- Price:$475,000
About this home
Unlock multiple income streams with this mixed-use duplex investment located in the heart of Bristol. The property features a 4-bedroom, 2-bath residential unit currently leased at $1,600/month, providing stable long-term income. Attached is a commercial storefront space that is ideal for a convenience store, deli, grocery, vape/smoke shop, take-out concept, bakery, or neighborhood retail.
For an owner-operator, the existing business model can generate approximately $7,000/month in revenue, providing a total potential income of $8,600/month between both units. After normal operating expense assumptions, this property delivers an estimated 15% cap rateโa rare and extremely strong return in today's market.
Key Features
๐ 4 Bed / 2 Bath Residential Unit โ Currently rented for $1,600/mo
๐ช Operating Storefront โ Approx. $7,000/mo revenue for owner-operator
๐ Mixed-Use = Multiple Income Streams
๐ธ Cash Flow From Day One
๐ฅ 15% Cap Rate (Owner-Operator Performance)
๐ On-site parking + strong neighborhood traffic
๐ Convenient Bristol location close to schools, homes, and commuter routes
Who This Is Perfect For
A business owner who wants to live where they work
An investor looking for high cash flow with built-in upside
Someone ready to run their own neighborhood store and build community relationships
This property is already producing income, already occupied, and already positioned to perform. Deals at this return level do not sit long in Bucks County.
Showings by appointment only. Serious inquiries encouraged.
Contact an agent
Home facts
- Year built:1980
- Listing ID #:PABU2108376
- Added:4 day(s) ago
- Updated:November 01, 2025 at 01:36 PM
Rooms and interior
- Bedrooms:4
- Total bathrooms:3
- Full bathrooms:2
- Half bathrooms:1
Heating and cooling
- Cooling:Central A/C
- Heating:Central, Natural Gas
Structure and exterior
- Year built:1980
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$475,000
- Tax amount:$4,361 (2025)
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