About 1515 Lakeland Ave
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
Features of 1515 Lakeland Ave
| MLS® # | PABU2108376 |
|---|---|
| Price | $475,000 |
| Bedrooms | 4 |
| Bathrooms | 2.50 |
| Full Baths | 2 |
| Half Baths | 1 |
| Acres | 0.00 |
| Year Built | 1980 |
| Type | Residential |
| Sub-Type | Detached |
| Style | Traditional, Bilevel, Colonial, Contemporary, Split Level, Condo/Unit |
| Status | Active |
Community Information
| Address | 1515 Lakeland Ave |
|---|---|
| Area | Bristol Twp (10105) |
| Subdivision | BRISTOL |
| City | BRISTOL |
| County | BUCKS-PA |
| State | PA |
| Municipality | BRISTOL TWP |
| Zip Code | 19007 |
Amenities
| # of Garages | 3 |
|---|---|
| Garages | Garage - Rear Entry |
| Is Waterfront | No |
Interior
| Heating | Central |
|---|---|
| Cooling | Central A/C |
| Has Basement | Yes |
| Basement | Partially Finished, Combination |
| Fireplace | No |
| # of Stories | 3 |
| Stories | 3 |
Exterior
| Exterior | Brick and Siding, Concrete/Block, Stone |
|---|---|
| Foundation | Concrete Perimeter |
School Information
| District | BRISTOL TOWNSHIP |
|---|
Additional Information
| Date Listed | October 27th, 2025 |
|---|---|
| Days on Market | 2 |
| Zoning | RT |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | Keller Williams Realty - Moorestown |
|---|---|
| Contact Info | (856) 316-1100 |