496 COVERED BRIDGE Road, Quakertown, PA 18951
MULTI_FAMILY - Other - QUAKERTOWN, PA
- Added:
- Apr 7, 2026
- Days on Market:
- 64
- Last Refresh:
- Jun 9 at 11:06 am
Property Features for 496 COVERED BRIDGE Road
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Rooms
- Basement
- Parking features
- Driveway
- Standard status
- Active
- Size
- 4,285 SF
- Lot size
- 1.94 Acres
Taxes and HOA fees
- Tax Annual Amount
- 6626
Utilities
- Heating system
- Hot Water(Heating), Forced Air, Baseboard
- Cooling system
- Window Unit(s), Central Air
Building Details
- Year built
- 1880
- Number of units
- 3
- Building materials
- Frame
- Architectural style
- Other
Listing agent Christopher J Dietrich License #RS340365 (267) 885-9953
Listing office Realty One Group Supreme 259 Veterans Lane, Quakertown, PA (215) 220-4840
Listing date Apr 7, 2026
Copyright © 2026 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- Currently a triplex with possibility to add a 4th unit upstairs
- Main house offers 4 bedrooms; owner occupied
- Two 1‑bedroom apartments are currently vacant
- Utilities setup: electric is separated, while water/septic are private and shared
- Large barn on the property for additional storage and/or rental space
- Frame construction (built 1880) with central air plus window A/C units; heating includes baseboard, hot water, and forced air
Overview
The home is set on a 1.94-acre lot in Quakertown, Bucks County. The property also includes a large barn that can be used for additional storage or potential rental space, supporting flexibility for both owner-occupants and income-focused buyers.
There is an opportunity to add a fourth unit upstairs, which may appeal to buyers seeking to expand the existing layout. With one portion owner-occupied and the one-bedroom apartments currently available, the property offers a workable starting point for an owner who wants rental income while managing day-to-day occupancy. The barn further adds practical utility for storage or additional revenue potential, subject to applicable approvals and feasibility.
Local Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $99.8k | $23.28 |
| − Vacancy | −$3.3k | −$0.77 |
| EGI | $96.5k | $22.51 |
| − OpEx | −$43.4k | −$10.13 |
| NOI | $53.1k | $12.38 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Quakertown
- County
- Bucks
- State
- Pennsylvania
- Longitude
- -75.278046
- Latitude
- 40.45834
