Listed By:
Keller Williams Real Estate-Doylestown
79 Gough Avenue, Ivyland, PA
$ 975,000
Property Attributes
  • MLS#PABU2049806
  • TypeMulti-Family
  • CountyBUCKS
  • CityIvyland
  • AreaIvyland Boro
  • Zip18974
  • StyleVictorian
  • Year Built1872
  • Taxes$ 8924
  • Price$ 975,000
  • Bedrooms8
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size0.34 Acres
Data Source:
Bright MLS
Property Description

Welcome to 79 Gough Avenue, previously the historic Ivyland Hotel. This multifamily investment property currently has 4 apartments. The owner has taken the time & effort to obtain zoning approvals for 4 more additional apartments which would provide the new owner 8 total cash producing apartments. The first and second floor currently contain the 4 apartments. The third and fourth floor would be the other 4 units providing stunning views of the Borough. The engineered plans, architectural renderings and approvals are included in the sale. The first-floor decking has all been replaced with new footers, deck structure and Azek wrapped posts to bring some of the history back to this gem. New landscaping all around and parking potential in the back of the building. This cash flowing property has the potential with all 8 apartments of $16,000+ per month. This unique property has custom trim accents & detail that brings back that old world charm & craftsmanship. With inventory of multifamily properties at an all-time low, this provides the savvy investor with a potential to build their portfolio. Great location & convenient to major traffic routes such as 263, 132 and 332 and minutes from the Warminster train station which runs into Center City Philadelphia. Listing Agent must accompany all showings, please see Agent notes in the Listing for details.

Elementary School Middle School High School
Mcdonald Elementary School Log College Middle School William Tennent High School
Price History
5/25/2023 Listed $975,000

General Features

Accessibility None
Architectural Style Victorian
Basement Full, Unfinished, Outside Entrance
Construction Materials Stone
Cool Fuel Electric
Cooling None
County BUCKS
Electric 200+ Amp Service
Elementary School MCDONALD
Exterior Features Sidewalks, Street Lights
Garage Y/N No
Heating Hot Water, Radiator
Historic Y/N Yes
Interior Features Carpet, Crown Moldings
Location Type Corner Lot/Unit
Lot Size Square Feet 14760.00
MLS Area Ivyland Boro (10117)
Middle/Junior High School LOG COLLEGE
New Construction No
One Bedroom Units Count 1
Other Structures Above Grade, Below Grade
Other Units Unit 1, Unit 2, Unit 4, Unit 3
Percent Ownership Fee Simple
Pool Y/N No Pool
Possession Negotiable
Price Per Sq Ft 186.5
Property SubType Other
Property Type Multi-Family
Roof Flat
School District CENTENNIAL
School District 300200397326
Sewer Public Sewer
Structure Type Other
Tax Annual Amount 8924.0
Tax Lot 057
Tax Year 2023
Total Units 4
Two Bedroom 2
Vacation Rental Y/N No
Water Access Y/N No
Waterfront Y/N No
Zoning R1

Interior Features

Basement Y/N Yes
Central Air Y/N No
Fireplace Y/N No
Flooring Wood, Tile/Brick
Furnished Units None
Heating Fuel Oil
Heating Y/N Yes
Hot Water Electric
Three Bedroom Units Count 1

Exterior Features

Days on Market 2
Living Area 5228
Foundation Details Stone
Lot Dimensions x 123.00
Lot Size Acres 0.34
Lot Size Source Assessor
Navigable Water Y/N No
Type of Parking On Street
Water Oriented Y/N No
Water Source Public
Water View Y/N No


  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Multi-Family Average in 18974

AVG $980K
AVG $8,924
Year Built
AVG 1872
AVG 40
Data Provided by Walkscore ® not using MLS data

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