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Key Details
Sold Price $475,000
Property Type Commercial
Sub Type Complex,Detached
Listing Status Sold
Purchase Type For Sale
Square Footage 3,724 sqft
Price per Sqft $127
Subdivision Not In Development
MLS Listing ID 679555
Sold Date 12/21/21
Year Built 1930
Annual Tax Amount $5,623
Property Description
Opportunity comes knocking. Current owner is retiring after many years of family ownership. This investment package consists of four rental apartments and one single detached two bedroom family home. In addition, there is a five unit storage out building. The four unit building offers coin operated laundry in basement for use by tenants. There's plenty of on-site parking for tenant use which is also in walking distance from an additional free public parking area. The single family home is currently rented month to month for $900. The four apartments are currently refurbished and ready to be rented to tenants of your choice. Projected rents for these units range from $1000 to 1200 per unit. Apartments in this area are currently in high demand. Owner has rented storage units in the past for $60 monthly per unit. This could be easily increased in the current market. This investor is motivated to sell. Bring all reasonable offers.
Location
State PA
County Northampton
Area Stockertown
Interior
Cooling Ceiling Fan
Exterior
Garage Garage, Off Site, Unpaved Lot
Garage Spaces 6.0
Building
Sewer Public
Water Public
New Construction No
Schools
School District Nazareth
Others
Financing Cash
Special Listing Condition Not Applicable
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Bought with Keller Williams Real Estate