Emmaus Borough, PA 18049,642 Chestnut Street
$340,000
Est. payment /mo
$339,000
0.3%
Est.Price: ?

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6 Beds
4 Baths
2,700 SqFt
SOLD DATE : 06/30/2021

Key Details

Sold Price $340,000

Property Type Multi-Family

Sub Type Duplex/Both Halves

Listing Status Sold

Purchase Type For Sale

Square Footage 2,700 sqft

Price per Sqft $125

Subdivision Not In Development

MLS Listing ID 669304

Sold Date 06/30/21

Bedrooms 6

Full Baths 4

Year Built 1957

Annual Tax Amount $7,495

Lot Size 10,141 Sqft

Property Description

Outstanding investment opportunity for an Owner Occupied or Investor in East Penn School District generating a 7.8% cap rate. Located in the heart of Emmaus within walking distance to all amenities, this beauty features 2 ranch style home apartments. Front apartment is the original home at 1200 sq.ft with 3 bedrooms & 2 full baths. A lovely porch for you or your tenant to enjoy leads into the living space featuring original hardwood floors, a nice sized semi-modern eat-in kitchen with tons of storage in the full basement and gas heat. The modern rear apartment features open concept living that everyone is looking for. Presenting 1500 sq. ft with 3 bedrooms, 2 full baths, laundry closet and storage crawl space. Beautiful kitchen with granite counters and center island. The master bedroom has an open full bath with water closet. In this unit enjoy the comfort of electric heat pump w/ central air, fenced in back yard and deck. A 2 car detached garage generates additional income.

Location

State PA

County Lehigh

Area Emmaus

Interior

Cooling Central AC, Wall AC

Exterior

Garage Garage

Garage Spaces 7.0

Building

Story 1.0

Sewer Public

Water Public

New Construction No

Schools

School District East Penn

Others

Financing Cash,Conventional,FHA,VA

Special Listing Condition Not Applicable

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Listed by RE/MAX Real Estate
Bought with BHHS Fox & Roach - Allentown

Jason Freeby

Real Estate Team Leader

+1(908) 443-1405

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