1515 Lakeland Ave, Bristol, PA 19007

Local realty services provided by:Better Homes and Gardens Real Estate Community Realty
1515 Lakeland Ave,Bristol, PA 19007
$475,000
  • 4 Beds
  • 3 Baths
  • - sq. ft.
  • Single family
  • Active
Listed by:jolon d davis
Office:keller williams realty - moorestown
MLS#:PABU2108376
Source:BRIGHTMLS

Price summary

  • Price:$475,000

About this home

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

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Home facts

  • Year built:1980
  • Listing ID #:PABU2108376
  • Added:4 day(s) ago
  • Updated:November 01, 2025 at 01:36 PM

Rooms and interior

  • Bedrooms:4
  • Total bathrooms:3
  • Full bathrooms:2
  • Half bathrooms:1

Heating and cooling

  • Cooling:Central A/C
  • Heating:Central, Natural Gas

Structure and exterior

  • Year built:1980

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$475,000
  • Tax amount:$4,361 (2025)