by: Elaine Kasavage
& Karley Cohen
There are 50+ distressed properties currently in Bristol Township. What do I mean by distressed? I mean these properties are being sold “as is”, as short sales and also bank foreclosures/REO’s. What does this mean for all you investors? You need to start looking in this area! Bristol Township is a gold mine for someone who is looking to invest in properties and change a neighborhood around.
In 1692, the area of Bristol Township was founded and originally named Buckingham Township, but in 1702 it was renamed Bristol Township. When founded it was a highly agricultural area among wealthy Philadelphians. 1831 the Delaware canal connected Bristol to Easton growing the accessibility to surrounding areas. Today Bristol is the largest municipality in Bucks County.
For the last 10 years I have been working at RE/MAX Access, and focusing my business on investment properties. I was searching TREND for a client, to help find a good deal in their price range and I came across all of these investment type properties in Bristol Township.
So, to all my cash savvy investors – imagine the potential of taking over the Bristol Township area with amazing renovations one property at a time.