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119 York Rd, Warminster, PA, 18974

3beds
--baths
3,764sqft
$1,100,000
$292price/sqft
$7,424/moest. monthly cost
$296,960/yrincome needed

About This Home

Excellent investment opportunity at 119 York Road featuring a mixed-use commercial property with multiple income streams and future potential. The property includes a second floor residential apartment generating $2,100/month with a lease in place through November 15, 2026. Additional income is produced from the rear parking lot leased to a car dealership at $1,200/month on a month-to-month basis, along with two additional parking spaces rented for $250/month total. The entire lower level is currently occupied by Smart Decor and offers flexible ground level commercial space, including a walk-in refrigerator. The lower level includes three bathrooms, one with a full shower. Utilities feature three electric zones (two commercial, one apartment) and a single water bill servicing the property. Heating is provided by two oil heaters (separate systems for apartment and commercial space) along with two mini-split units for additional climate control. The property also includes a storage shed with electric service, 32 parking spaces, and potential subdivision opportunities (buyer to verify with township). Ideal for investors or owner-users seeking strong cash flow with upside potential. The property has direct road access and frontage at the front and rear allowing convenient entry / exit options. There is a garage door opening at the rear of the building that was converted to a bar, but could be opened up again.

Getting Around

60
WalkingSomewhat Walkable
0
TransitVery Limited Transit
51
BikeBikeable

Schools

6/10
Willow Dale El SchoolGrades K-51.5 mi
7/10
6/10

Construction

Condition

  • Year built: 1947

Materials

  • Foundation: Concrete Perimeter
  • Roof: Flat
  • Construction materials: Masonry,Stucco

Notable Dates

  • Major remodel year: 2018

Type & Style

  • Home type: MultiFamily
  • Architectural style: Other
  • Property subType: Multi Family

Interior

Appliances

  • Appliances included: Gas Water Heater

Bedrooms & Bathrooms

  • Bedrooms: 3

Heating & Cooling

  • Heating features: Forced Air,Natural Gas
  • Cooling features: Central Air,Electric

Interior Area

  • Total structure area: 3,764
  • Total interior livable area: 3,764 sqft

Property

Accessibility

  • Accessibility features: 2+ Access Exits

Details

  • Parcel number: 49018074
  • Zoning: C
  • Special condition: Standard
  • Exclusions: Security System

Features

  • Pool features: None

Lot

  • Lot size: 0.54 Acres
  • Features: SideYard(s),Suburban

Parking

  • Parking features: Paved,Parking Lot