Stockertown Borough, PA 18083,403 Main Street
$475,000
Est. payment /mo
$499,000
4.8%
Est.Price: ?

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3,724 SqFt
SOLD DATE : 12/21/2021

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

Read Less Info

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Listed by Weichert Realtors - Allentown
Bought with Keller Williams Real Estate

Jason Freeby

Real Estate Team Leader

+1(908) 443-1405

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