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Key Details
Sold Price $484,000
Property Type Condo
Sub Type Apartment Style,Commercial
Listing Status Sold
Purchase Type For Sale
Square Footage 12,485 sqft
Price per Sqft $38
Subdivision No Subdivision
MLS Listing ID 645128
Sold Date 12/22/20
Property Description
Opportunity to purchase stabilized multifamily mixed use property feat. 7 apartments, 2 street retail, 3 internal office/retail spaces & 6,200+/- SF 3 fl warehouse. 15 unit building located in downtown Lehighton surrounded by shops, restaurants and services. Each apartment fully occupied with private interior entrance. Apartments are large, well maintained and have 2 levels each. 1st fl feat. 2 commercial storefronts and 3 internal office/retail spaces with large interior promenade. Spaces can be combined or separated further depending on need. Warehouse connected to main building & accessed from 1st or 2nd fl through main building. Residential apts on 2nd and 3rd floor can be accessed via front or rear of property, where there is private parking and common outdoor area for tenants. Each unit separately metered and tenants pay all utilities directly to the provider. Rent has not been raised to market levels in some time - opportunity for new owner to quickly improve cash flow.
Location
State PA
County Carbon
Area Lehighton
Interior
Cooling No Air, Wall AC
Exterior
Garage Off Site, Paved Lot
Garage Spaces 7.0
Building
Sewer Public
Water Public
New Construction No
Schools
School District Lehighton
Others
Financing Cash,Conventional
Special Listing Condition Not Applicable
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Bought with DLP Realty