132 Bellevue Ave - Office/Residential FOR SALE


Penndel, PA 19047
$400,000 USD
215-630-7278
132 Bellevue Ave, Penndel, PA for Sale
$400,000 USD
Office/Residential - FOR SALE
1/49
null | Request Cap Rate

132 Bellevue Ave
Penndel, PA 19047


HIGHLIGHTS

  • Four-unit income property with FHA commercial eligibility.
  • High-visibility location ideal for office or residential use.
  • Two turnkey apartments with strong rental comps.
  • Private rear entry and yard for added tenant appeal.
  • Live-work or full investment flexibility. Offered as a standalone asset at 132 Bellevue Avenue.

OVERVIEW

132 Bellevue Avenue offers a compelling investment opportunity in one of Richmond’s most visible and versatile corridors. This mixed-use property features four income-producing units and is eligible for FHA’s commercial 4-unit financing, making it ideal for both seasoned investors and owner-occupants seeking a hybrid live-work setup. The building’s layout supports a range of uses—from public-facing offices and private practices to full residential occupancy. With private rear access and a yard, the property offers privacy and convenience for tenants or owners. The two upper-level apartments are in move-in ready condition, with market rents estimated between $1,800 and $2,200 per month, providing immediate income potential. Strategically located in a high-traffic area, 132 Bellevue Avenue benefits from excellent visibility and accessibility, making it a prime candidate for professional services, boutique offices, or residential leasing. Whether you choose to occupy one unit and lease the others, or operate the entire property as a cash-flowing investment, this asset delivers flexibility and upside in a sought-after Richmond neighborhood.

FOR SALE DETAILS

PRICE

$400,000 USD

PRICE/SF

$160 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Office/Residential

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

C

YEAR BUILT

1971

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.06 AC

LAND SF

2,484 SF

ZONING

32RC

APN/PARCEL ID

32-005-029

ASK ABOUT THIS PROPERTY

Howard GottliebKeller Williams LanghorneMore Info
215-630-7278

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Howard GottliebKeller Williams LanghorneMore Info
215-630-7278

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.