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Key Details
Sold Price $450,000
Property Type Condo
Sub Type Apartment Style,Commercial,Duplex/Both Halves
Listing Status Sold
Purchase Type For Sale
Square Footage 3,434 sqft
Price per Sqft $131
Subdivision Not In Development
MLS Listing ID 687170
Sold Date 02/28/22
Bedrooms 6
Full Baths 2
Half Baths 2
Year Built 1900
Annual Tax Amount $4,752
Property Description
Great income producing property with over 7% CAP rate located off Tatamy Exit at Route 33. This 3400 Sqft property has 2 commercial spaces at the front of the building and 2 residential apartments to the rear each with 3 spacious bedrooms in desirable Nazareth School District. The property has off street parking with additional income producing garages. One of the commercial spaces was occupied by the owner who has relocated his business. This would be a perfect opportunity for the new owner to have this space as an owner/occupant business with other units paying for expenses or as a rental for another business. The second storefront unit is a long standing established barbershop This income property has low annual expenses. Owner pays for water/sewer/trash. Tenants pay for heat/hotwater/electric. This is a great opportunity in a rapidly expanding Tatamy interchange with high visibility. Come take a look at this well-maintained property. Seller will entertain all reasonable offers.
Location
State PA
County Northampton
Area Tatamy
Interior
Cooling Central AC, Window AC
Exterior
Garage Garage, Off Site, Paved Lot
Garage Spaces 5.0
Building
Story 3.0
Sewer Public
Water Public
New Construction No
Schools
School District Nazareth
Others
Financing Cash,Conventional
Special Listing Condition Not Applicable
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Bought with Home Invest Realty LLC