1515 LAKELAND AVE Bristol, PA 19007
UPDATED:
Key Details
Property Type Single Family Home
Sub Type Detached
Listing Status Active
Purchase Type For Sale
Subdivision Bristol
MLS Listing ID PABU2108376
Style Traditional,Bi-level,Colonial,Contemporary,Split Level,Unit/Flat
Bedrooms 4
Full Baths 2
Half Baths 1
HOA Y/N N
Year Built 1980
Annual Tax Amount $4,361
Tax Year 2025
Lot Dimensions 50.00 x 100.00
Property Sub-Type Detached
Source BRIGHT
Property Description
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 rate—a rare and extremely strong return in today's market.
Key Features
🏠 4 Bed / 2 Bath Residential Unit – Currently rented for $1,600/mo
🏪 Operating Storefront – Approx. $7,000/mo revenue for owner-operator
🔑 Mixed-Use = Multiple Income Streams
💸 Cash Flow From Day One
🔥 15% Cap Rate (Owner-Operator Performance)
🚗 On-site parking + strong neighborhood traffic
📍 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.
Location
State PA
County Bucks
Area Bristol Twp (10105)
Zoning RT
Rooms
Basement Partially Finished, Combination
Main Level Bedrooms 1
Interior
Hot Water Natural Gas
Heating Central
Cooling Central A/C
Fireplace N
Heat Source Central, Natural Gas
Exterior
Parking Features Garage - Rear Entry
Garage Spaces 5.0
Carport Spaces 2
Water Access N
Accessibility 2+ Access Exits
Total Parking Spaces 5
Garage Y
Building
Story 3
Foundation Concrete Perimeter
Sewer Public Sewer
Water Public
Architectural Style Traditional, Bi-level, Colonial, Contemporary, Split Level, Unit/Flat
Level or Stories 3
Additional Building Above Grade, Below Grade
New Construction N
Schools
School District Bristol Township
Others
Senior Community No
Tax ID 05-061-248
Ownership Fee Simple
Special Listing Condition Standard
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