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Key Details
Sold Price $401,000
Property Type Commercial
Sub Type Five Or More Units
Listing Status Sold
Purchase Type For Sale
Square Footage 4,352 sqft
Price per Sqft $92
MLS Listing ID PALH111806
Sold Date 12/16/19
HOA Y/N N
Originating Board BRIGHT
Year Built 1850
Annual Tax Amount $10,314
Tax Year 2020
Lot Size 8.700 Acres
Acres 8.7
Lot Dimensions 0.00 x 0.00
Property Description
Seller's Motivated! Price Reduced! Fantastic opportunity to own an investment property in Upper Saucon Township across from the Locust Valley Golf Course. This property features a 4,352 sq ft 4-unit Apartment Building, a 1,217 sq ft Single-Family Ranch home & 5 one-car garages, all situated on a huge 8.7-Acre lot. You can collect rent from ALL the units OR you may want to live in the Single-Family Home behind the apartment building & collect rent from the apartments. Each unit has a one-car garage included in the rent. Utilities - Oil H/W Heat (Heating System in basement of apartment building provides heat & hot water to both buildings), Well water and Public Sewer. Central Air in Single home. All apartments are currently rented- 3 w/month-to-month leases & 1 w/1-yr lease. The single-family home is occupied by a family member but the rent is estimated at $1,400 per mo. Both buildings are in excellent condition & all units have been updated. Make an appointment today!
Location
State PA
County Lehigh
Area Upper Saucon Twp (12322)
Zoning R-2 SUBURBAN RESIDENTIAL
Interior
Hot Water Electric
Heating Radiator
Cooling None
Flooring Hardwood
Heat Source Oil
Exterior
Garage Spaces 5.0
Waterfront N
Water Access N
Accessibility 2+ Access Exits
Parking Type Driveway
Total Parking Spaces 5
Garage Y
Building
Sewer Public Sewer
Water Well-Shared
Additional Building Above Grade, Below Grade
New Construction N
Schools
High Schools Southern Lehigh Senior
School District Southern Lehigh
Others
Tax ID 642303456810-00001
Ownership Fee Simple
SqFt Source Estimated
Acceptable Financing Conventional, Cash
Listing Terms Conventional, Cash
Financing Conventional,Cash
Special Listing Condition Standard
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