Newtown PA Multi Family for Sale
$1,285,000
250 S State Street Newtown, PA 18940
- Type:
- Other
- Sq.Ft.:
- n/a
- Status:
- NEW LISTING
- Beds:
- n/a
- Year built:
- 1935
- Baths:
- MLS#:
- PABU2083550
ADDITIONAL INFORMATION
A fully renovated 5-unit apartment building, perfectly situated in the heart of Newtown Borough. Each of the five units is a spacious one-bedroom, with major updates completed in 2017 to enhance both the utilities and interior finishes. The lower level was transformed, now offering dedicated storage, laundry facilities, upgraded furnaces, new electrical panels, and modern hot water systems. Common areas feature upgraded lighting, fresh carpeting, new tiling, and a full repaint. Four of the five apartments boast new kitchens, bathrooms, lighting, HVAC, and hot water systems, complemented by refinished hardwood floors and updated paint throughout. The detached barn on the property is included in "AS-IS" condition.
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Newtown Real Estate
The median home value in Newtown, PA is $758,700. This is higher than the county median home value of $423,700. The national median home value is $338,100. The average price of homes sold in Newtown, PA is $758,700. Approximately 71.53% of Newtown homes are owned, compared to 26.07% rented, while 2.4% are vacant. Newtown real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Newtown real estate agent to arrange a tour today!
Newtown, Pennsylvania 18940 has a population of 2,137. Newtown 18940 is more family-centric than the surrounding county with 41.78% of the households containing married families with children. The county average for households married with children is 32.42%.
The median household income in Newtown, Pennsylvania 18940 is $132,031. The median household income for the surrounding county is $99,302 compared to the national median of $69,021. The median age of people living in Newtown 18940 is 49.9 years.
Newtown Weather
The average high temperature in July is 85.1 degrees, with an average low temperature in January of 23.3 degrees. The average rainfall is approximately 47.5 inches per year, with 21.5 inches of snow per year.