NookLocal

152/154 MAIN

$580,000

4

Beds

2

Baths

2,093

Sqft

0.24 sqft lot

Lot size

Residential · MLS #PABU2116242

Listing Office: Iron Valley Real Estate Doylestown

About this home

Prime investment opportunity in the heart of Chalfont Borough! Welcome to 152/154 N. Main Street, a well‑located fully rented duplex within walking distance to the train station, post office, restaurants, and local amenities—an ideal setup for long‑term tenant demand. The property has been consistently operated as a rental and features long‑term tenants in both units, providing immediate income potential. The first‑floor unit offers two spacious bedrooms, one full bathroom, an eat‑in kitchen, living room, basement access with laundry, and a private rear paver patio—a desirable feature for tenant retention. The second‑floor unit includes a large primary bedroom, a well‑sized second bedroom with in‑unit laundry, one full bathroom, kitchen, living room, and an additional upper level with two large bonus rooms, adding flexibility for increased rental value or alternative use. Tenants may be willing to remain, allowing a new owner to step into an established income‑producing property. Per existing leases, 30 days’ notice is required to vacate, offering flexibility for future repositioning or owner occupancy. This property presents multiple exit strategies: continue as a buy‑and‑hold rental, increase rents over time, or occupy one unit while generating income from the other. Strong location, proven rental history, and versatile layout make this a compelling addition to any investment portfolio.

Property taxes

What this home really costs in taxes

Estimated at current rates

$3,399 / year

$283 per month

MLS shows (2019)

$2,916

+16.6% at current rates

School tax

CENTRAL BUCKS · 146.55 mills (2025-26)

$2,562

County tax

Bucks County · 29.65 mills (2026)

$518

Municipal tax

As recorded for 2019 — varies by municipality

$319

Assessment note: this home is assessed at $17,480 — well below the ~$33,988 its asking price implies at Bucks County's common level ratio (5.9%). A sale near asking can invite a school-district assessment appeal that could raise the bill by roughly $2,909/year. Worth pricing in.

Recomputed from the county assessment ($17,480, 1972 base year) × current millage — portals typically reprint the recorded 2019 bill. Pennsylvania does not reassess on sale. Estimate only — verify with Bucks County before relying on it. Learn more: PA property tax calculator · Common Level Ratio by county.

Map

See where it sits

Open in Google Maps
Map for 152/154 MAIN, CHALFONT, PA 18914

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IDX listings are displayed pursuant to broker of record United Real Estate Strive 212 — Frank Ramos, Broker/Owner, PA Broker License RM424345, 1220 Broadcasting Rd, Suite 201, Wyomissing, PA 19610, (610) 372-0212.

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Data last updated: June 12, 2026 at 2:10 AM EDT