1515 LAKELAND AVE, Bristol, PA 19007

• 4 beds |
• 3 baths

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.

Listing Status:

Active

Listing Office:

Keller Williams Realty - Moorestown : 8563161100

Listing Agent:

Jolon D Davis : 2675066875

MLS ID:

PABU2108376

Interior

• Basement: Partially finishedCombination
• A/C: Central A/C
• Heating: CentralCentralNatural Gas
• Disability Feature: 2+ Access Exits

Exterior

• General: Above GradeBelow Grade
• Style: TraditionalBi-levelColonialContemporarySplit LevelUnit/Flat

Construction

• General: BrickConcreteMixedStone3Concrete Perimeter

Location

• Originating MLS: BRIGHT_MAIN
• School District: BRISTOL TOWNSHIP
• County: BUCKS-PA

Lot

• Zoning: RT05-061-248

Utilities

• Water: Public
• Sewer: Public Sewer

Financial

• Source: BRIGHT_MAIN

This listing courtesy of Jolon D Davis, Keller Williams Realty - Moorestown