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Bristol, PA 19007,1515 LAKELAND AVE
Bristol, PA 19007,1515 LAKELAND AVE
Bristol, PA 19007,1515 LAKELAND AVE
Bristol, PA 19007,1515 LAKELAND AVE
Bristol, PA 19007,1515 LAKELAND AVE
Bristol, PA 19007,1515 LAKELAND AVE
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David Burris

David Burris

+1(609) 304-4202
Listed by Jolon D Davis • Keller Williams Realty - Moorestown
$ 475,000
Est. payment | /mo

4 Beds

3 Baths

Save
$ 475,000
Est. payment | /mo
Save

4 Beds

3 Baths

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

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 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

Bright MLS (BMLS)

GET MORE INFORMATION

David Burris
David Burris

Agent | License ID: 1973254

+1(609) 304-4202

513 S Lenola Rd, Moorestown, NJ, 08057, United States

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1515 LAKELAND AVE

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